Part 1: What is an IF Statement in Excel? In Excel, an IF statement is a conditional function that allows users to do various actions based on given circumstances. By setting up logical tests, the IF statement allows you to control the outcome of a formula, making data analysis and calcul...
the SWITCH statement can function as a concise form of the nested IF statement for pre-defined values. If, for example, we wanted to base another column in the spreadsheet off of the letter grades, a SWITCH statement would be perfect ...
Top 10 IF statements in Excel 1. IF =IF(logical_test, [value_if_true], [value_if_false]) What it does Returns one value if a statement is true, and another value if it is false. Syntax IF(logical_test, [value_if_true], [value_if_false]) What the arguments mean logical_test ...
Source: https://www.ablebits.com/office-addins-blog/if-and-formula-in-excel/ In this formula, multiple IF statements are nested within one another, and each statement is evaluated based on the previous one. The value_if_true result for each IF statement is the logical_test of the next ...
You may also be interested in Excel IF function: formulas for numbers, text, dates, blank cells Excel logical operators: equal to, not equal to, greater than, less than Using logical functions in Excel: AND, OR, XOR and NOT VLOOKUP with IF statement in Excel ...
Excel nested IF statement Here's the classic Excel nested IF formula in a generic form: IF(condition1,result1, IF(condition2,result2, IF(condition3,result3,result4))) You can see that each subsequent IF function is embedded into thevalue_if_falseargument of the previous function. Each IF...
If you want to follow along with this tutorial, download the example spreadsheet. Download Example Syntax The syntax for the IF-THEN-ELSE statement in Microsoft Excel is: If condition_1 Then result_1 ElseIf condition_2 Then result_2 ... ElseIf condition_n Then result_n Else result_else ...
To make this spreadsheet work, we manipulate the Year and Month functions into an IF statement (seeTable 1). The raw format of each function is: Year(serial_number). This returns the year when the serial number of that year is provided. Not to worry -- when a date is...
So an IF statement can have two results. The first result is if your comparison is True, the second if your comparison is False. IF statements are incredibly robust, and form the basis of many spreadsheet models, but they are also the root cause of many spreadsheet issues. I...
Using an IF statement in Excel is simple once you break it down into simple terms. If a condition is true, it should return X; otherwise, it should return Y. Let's look at a simple budget, where the expenses are summed up intoTotal Expenses. We will then compare this toBudget, and...