Excel functions, or formulas, lie at the heart of the application’s deep well of capabilities. Today we’ll tackle IF statements, a string of commands that determine whether a condition is met or not.

=LET (Spend,SUMIF (T_Budget [Category],E2,T_Budget [Cost]),IFS (Spend>F2,"Over budget",Spend=F2,"Budget hit",Spend> (F2*0.9),"Near budget",TRUE,"Within budget")) Let's break the formula down to ...

It's marginally more efficient: While the difference is negligible, the double-unary operator can be more efficient in ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Q. Part of my job involves keeping track of all the departments’ budget status, which takes several hours each month. Is there a quicker way to do this? A. The task alluded to in the question involves ...

If Excel is not highlighting cells in the formula, read this post to know how to fix the issue. The default behavior of Excel is to highlight the cells that are part of a formula when a user ...

Q. I am trying to create a formula in our accounting system, but I keep getting errors. What can I do to get the formula to work? A. All Excel users know how powerful formulas are, but sometimes it ...

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...

It can be frustrating when your formulas are not updating automatically on Excel. Building on that, here are the possible reasons why it may happen. In this post, we explain four such scenarios: The ...