=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 ...

Excel formulas allow you to perform calculations, analyze data, and return results quickly and accurately. The usefulness of formulas is even greater once you start dealing with large data sets. With ...

In this guide, you will learn how to use Excel’s advanced formulas such as INDEX-MATCH, OFFSET, and INDIRECT to enhance your data analysis capabilities. First, let’s explore the INDEX-MATCH ...

If you're starting to shop around for student loans, you may want a general picture of how much you're going to pay. If you're refinancing existing debt, you may want a tool to compare your options ...

Microsoft Excel was first released in 1987 and — despite popular competitors such as Google Sheets — is still used by millions of businesses throughout the world. Described as the “world’s most ...

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.

Fortunately, it seems that Microsoft understands my plight and has made formula creation a lot easier in a recent update. Now ...

Q. I have an Excel workbook that contains many tabs. We have a “Total” tab, but the formulas to sum all of those tabs gets very complicated. Plus, new worksheets get added and the formulas have to be ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite stories); ...

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 ...

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 ...