As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity. Chief among these is the ability to use formulas to make various calculations with the ...

=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 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); ...

To kick things off, let’s explore how to perform essential calculations like determining the total salary and headcount by department. This is where functions such as `COUNTIFS`, `SUMIFS`, and ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Creating a running total (or a cumulative sum, as it ...

The CHOOSECOLS formula is a catalyst when it comes to selecting specific columns from a table. This formula allows you to streamline your data analysis process by quickly and easily extracting the ...

Excel workbooks are the next step after you’ve mastered the single Excel spreadsheet. Going back to the ledger idea we used in our Excel spreadsheets guide, think of the workbook as the ledger (or ...

Compatibility With Different Versions of Excel . On Windows and Mac, both the SORT and SORTBY functions are supported in standalone versions of Excel released in 2021 or later and ...