Wednesday 9 September 2015

Excel Tips - Tip 17 (Using IF Command with SUMIF Formulae )


Hello,

After all the appreciation and positive feedback, I am pleased to continue my tips.

Here is the Seventeenth tip for you. Hope this help you.

Using IF Command with SUMIF Formulae is very easy and effective.  Hope it will help you in ease your work.





Points to remember while using IF formulae with SUMIF ()

1. IF Command is used for the outcome in True or False.

2. Gives command for “True” value and “False” Value without Double quote i.e. (“)

3. SUMIF() adds values based on a single criteria and SUMIFS()adds values based on a Multiple criteria.

 4. If sum_range argument is omitted, Excel uses the criteria range (range) as the sum range as default.

5. Criteria could be a number, expression, cell reference, text, or a formula

6. Criteria which are text or mathematical/logical symbols (such as =, +,-, /,*) should be in double quotes i.e. (“”)

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Thanks & Regards,

CA Mohit Bansal
Excel Enthusiast

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