Write if function in excel

IF function

The IF function is one of the most popular functions in Excel, and it allows you to make logical comparisons between a value and what you expect.

So an IF statement can have two results. The first result is if your comparison is True, the second if your comparison is False.

For example, =IF(C2=”Yes”,1,2) says IF(C2 = Yes, then return a 1, otherwise return a 2).

Your browser does not support video. Install Microsoft Silverlight, Adobe Flash Player, or Internet Explorer 9.

Use the IF function, one of the logical functions, to return one value if a condition is true and another value if it’s false.

IF(logical_test, value_if_true, [value_if_false])

For example:

  • =IF(A2>B2,»Over Budget»,»OK»)

  • =IF(A2=B2,B4-A4,»»)

Argument name

Description

logical_test    (required)

The condition you want to test.

value_if_true    (required)

The value that you want returned if the result of logical_test is TRUE.

value_if_false    (optional)

The value that you want returned if the result of logical_test is FALSE.

Simple IF examples

Cell D2 contains a formula =IF(C2="Yes",1,2)

  • =IF(C2=”Yes”,1,2)

In the above example, cell D2 says: IF(C2 = Yes, then return a 1, otherwise return a 2)

Cell D2 contains the formula =IF(C2=1,"YES","NO")

  • =IF(C2=1,”Yes”,”No”)

In this example, the formula in cell D2 says: IF(C2 = 1, then return Yes, otherwise return No)As you see, the IF function can be used to evaluate both text and values. It can also be used to evaluate errors. You are not limited to only checking if one thing is equal to another and returning a single result, you can also use mathematical operators and perform additional calculations depending on your criteria. You can also nest multiple IF functions together in order to perform multiple comparisons.

Formula in cell D2 is =IF(C2>B2,”Over Budget”,”Within Budget”)

  • =IF(C2>B2,”Over Budget”,”Within Budget”)

In the above example, the IF function in D2 is saying IF(C2 Is Greater Than B2, then return “Over Budget”, otherwise return “Within Budget”)

Formula in cell E2 is =IF(C2>B2,C2-B2,"")

  • =IF(C2>B2,C2-B2,0)

In the above illustration, instead of returning a text result, we are going to return a mathematical calculation. So the formula in E2 is saying IF(Actual is Greater than Budgeted, then Subtract the Budgeted amount from the Actual amount, otherwise return nothing).

Formula in Cell F7 is IF(E7=”Yes”,F5*0.0825,0)

  • =IF(E7=”Yes”,F5*0.0825,0)

In this example, the formula in F7 is saying IF(E7 = “Yes”, then calculate the Total Amount in F5 * 8.25%, otherwise no Sales Tax is due so return 0)

Note: If you are going to use text in formulas, you need to wrap the text in quotes (e.g. “Text”). The only exception to that is using TRUE or FALSE, which Excel automatically understands.

Common problems

Problem

What went wrong

0 (zero) in cell

There was no argument for either value_if_true or value_if_False arguments. To see the right value returned, add argument text to the two arguments, or add TRUE or FALSE to the argument.

#NAME? in cell

This usually means that the formula is misspelled.

Need more help?

You can always ask an expert in the Excel Tech Community or get support in the Answers community.

Connect with an expert. Learn from live instructors.

See Also

IF function — nested formulas and avoiding pitfalls

IFS function

Using IF with AND, OR and NOT functions

COUNTIF function

How to avoid broken formulas

Overview of formulas in Excel

Need more help?

This Excel tutorial explains how to use the Excel IF function with syntax and examples.

Description

The Microsoft Excel IF function returns one value if the condition is TRUE, or another value if the condition is FALSE.

The IF function is a built-in function in Excel that is categorized as a Logical Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the IF function can be entered as part of a formula in a cell of a worksheet.

subscribe button Subscribe


If you want to follow along with this tutorial, download the example spreadsheet.

Download Example

Syntax

The syntax for the IF function in Microsoft Excel is:

IF( condition, value_if_true, [value_if_false] )

Parameters or Arguments

condition
The value that you want to test.
value_if_true
It is the value that is returned if condition evaluates to TRUE.
value_if_false
Optional. It is the value that is returned if condition evaluates to FALSE.

Returns

The IF function returns value_if_true when the condition is TRUE.
The IF function returns value_if_false when the condition is FALSE.
The IF function returns FALSE if the value_if_false parameter is omitted and the condition is FALSE.

Example (as Worksheet Function)

Let’s explore how to use the IF function as a worksheet function in Microsoft Excel.

Microsoft Excel

Based on the Excel spreadsheet above, the following IF examples would return:

=IF(B2<10, "Reorder", "")
Result: "Reorder"

=IF(A2="Apples", "Equal", "Not Equal")
Result: "Equal"

=IF(B3>=20, 12, 0)
Result: 12

Combining the IF function with Other Logical Functions

Quite often, you will need to specify more complex conditions when writing your formula in Excel. You can combine the IF function with other logical functions such as AND, OR, etc. Let’s explore this further.

AND function

The IF function can be combined with the AND function to allow you to test for multiple conditions. When using the AND function, all conditions within the AND function must be TRUE for the condition to be met. This comes in very handy in Excel formulas.

Microsoft Excel

Based on the spreadsheet above, you can combine the IF function with the AND function as follows:

=IF(AND(A2="Anderson",B2>80), "MVP", "regular")
Result: "MVP"

=IF(AND(B2>=80,B2<=100), "Great Score", "Not Bad")
Result: "Great Score"

=IF(AND(B3>=80,B3<=100), "Great Score", "Not Bad")
Result: "Not Bad"

=IF(AND(A2="Anderson",A3="Smith",A4="Johnson"), 100, 50)
Result: 100

=IF(AND(A2="Anderson",A3="Smith",A4="Parker"), 100, 50)
Result: 50

In the examples above, all conditions within the AND function must be TRUE for the condition to be met.

OR function

The IF function can be combined with the OR function to allow you to test for multiple conditions. But in this case, only one or more of the conditions within the OR function needs to be TRUE for the condition to be met.

Microsoft Excel

Based on the spreadsheet above, you can combine the IF function with the OR function as follows:

=IF(OR(A2="Apples",A2="Oranges"), "Fruit", "Other")
Result: "Fruit"

=IF(OR(A4="Apples",A4="Oranges"),"Fruit","Other")
Result: "Other"

=IF(OR(A4="Bananas",B4>=100), 999, "N/A")
Result: 999

=IF(OR(A2="Apples",A3="Apples",A4="Apples"), "Fruit", "Other")
Result: "Fruit"

In the examples above, only one of the conditions within the OR function must be TRUE for the condition to be met.

Let’s take a look at one more example that involves ranges of percentages.

Microsoft Excel

Based on the spreadsheet above, we would have the following formula in cell D2:

=IF(OR(B2>=5%,B2<=-5%),"investigate","")
Result: "investigate"

This IF function would return «investigate» if the value in cell B2 was either below -5% or above 5%. Since -6% is below -5%, it will return «investigate» as the result. We have copied this formula into cells D3 through D9 to show you the results that would be returned.

For example, in cell D3, we would have the following formula:

=IF(OR(B3>=5%,B3<=-5%),"investigate","")
Result: "investigate"

This formula would also return «investigate» but this time, it is because the value in cell B3 is greater than 5%.

Frequently Asked Questions

Question: In Microsoft Excel, I’d like to use the IF function to create the following logic:

if C11>=620, and C10=»F»or»S», and C4<=$1,000,000, and C4<=$500,000, and C7<=85%, and C8<=90%, and C12<=50, and C14<=2, and C15=»OO», and C16=»N», and C19<=48, and C21=»Y», then reference cell A148 on Sheet2. Otherwise, return an empty string.

Answer: The following formula would accomplish what you are trying to do:

=IF(AND(C11>=620, OR(C10="F",C10="S"), C4<=1000000, C4<=500000, C7<=0.85, C8<=0.9, C12<=50, C14<=2, C15="OO", C16="N", C19<=48, C21="Y"), Sheet2!A148, "")

Question: In Microsoft Excel, I’m trying to use the IF function to return 0 if cell A1 is either < 150,000 or > 250,000. Otherwise, it should return A1.

Answer: You can use the OR function to perform an OR condition in the IF function as follows:

=IF(OR(A1<150000,A1>250000),0,A1)

In this example, the formula will return 0 if cell A1 was either less than 150,000 or greater than 250,000. Otherwise, it will return the value in cell A1.


Question: In Microsoft Excel, I’m trying to use the IF function to return 25 if cell A1 > 100 and cell B1 < 200. Otherwise, it should return 0.

Answer: You can use the AND function to perform an AND condition in the IF function as follows:

=IF(AND(A1>100,B1<200),25,0)

In this example, the formula will return 25 if cell A1 is greater than 100 and cell B1 is less than 200. Otherwise, it will return 0.


Question: In Microsoft Excel, I need to write a formula that works this way:

IF (cell A1) is less than 20, then times it by 1,
IF it is greater than or equal to 20 but less than 50, then times it by 2
IF its is greater than or equal to 50 and less than 100, then times it by 3
And if it is great or equal to than 100, then times it by 4

Answer: You can write a nested IF statement to handle this. For example:

=IF(A1<20, A1*1, IF(A1<50, A1*2, IF(A1<100, A1*3, A1*4)))

Question: In Microsoft Excel, I need a formula in cell C5 that does the following:

IF A1+B1 <= 4, return $20
IF A1+B1 > 4 but <= 9, return $35
IF A1+B1 > 9 but <= 14, return $50
IF A1+B1 >= 15, return $75

Answer: In cell C5, you can write a nested IF statement that uses the AND function as follows:

=IF((A1+B1)<=4,20,IF(AND((A1+B1)>4,(A1+B1)<=9),35,IF(AND((A1+B1)>9,(A1+B1)<=14),50,75)))

Question: In Microsoft Excel, I need a formula that does the following:

IF the value in cell A1 is BLANK, then return «BLANK»
IF the value in cell A1 is TEXT, then return «TEXT»
IF the value in cell A1 is NUMERIC, then return «NUM»

Answer: You can write a nested IF statement that uses the ISBLANK function, the ISTEXT function, and the ISNUMBER function as follows:

=IF(ISBLANK(A1)=TRUE,"BLANK",IF(ISTEXT(A1)=TRUE,"TEXT",IF(ISNUMBER(A1)=TRUE,"NUM","")))

Question: In Microsoft Excel, I want to write a formula for the following logic:

IF R1<0.3 AND R2<0.3 AND R3<0.42 THEN «OK» OTHERWISE «NOT OK»

Answer: You can write an IF statement that uses the AND function as follows:

=IF(AND(R1<0.3,R2<0.3,R3<0.42),"OK","NOT OK")

Question: In Microsoft Excel, I need a formula for the following:

IF cell A1= PRADIP then value will be 100
IF cell A1= PRAVIN then value will be 200
IF cell A1= PARTHA then value will be 300
IF cell A1= PAVAN then value will be 400

Answer: You can write an IF statement as follows:

=IF(A1="PRADIP",100,IF(A1="PRAVIN",200,IF(A1="PARTHA",300,IF(A1="PAVAN",400,""))))

Question: In Microsoft Excel, I want to calculate following using an «if» formula:

if A1<100,000 then A1*.1% but minimum 25
and if A1>1,000,000 then A1*.01% but maximum 5000

Answer: You can write a nested IF statement that uses the MAX function and the MIN function as follows:

=IF(A1<100000,MAX(25,A1*0.1%),IF(A1>1000000,MIN(5000,A1*0.01%),""))

Question: In Microsoft Excel, I am trying to create an IF statement that will repopulate the data from a particular cell if the data from the formula in the current cell equals 0. Below is my attempt at creating an IF statement that would populate the data; however, I was unsuccessful.

=IF(IF(ISERROR(M24+((L24-S24)/AA24)),"0",M24+((L24-S24)/AA24)))=0,L24)

The initial part of the formula calculates the EAC (Estimate At completion = AC+(BAC-EV)/CPI); however if the current EV (Earned Value) is zero, the EAC will equal zero. IF the outcome is zero, I would like the BAC (Budget At Completion), currently recorded in another cell (L24), to be repopulated in the current cell as the EAC.

Answer: You can write an IF statement that uses the OR function and the ISERROR function as follows:

=IF(OR(S24=0,ISERROR(M24+((L24-S24)/AA24))),L24,M24+((L24-S24)/AA24))

Question: I have been looking at your Excel IF, AND and OR sections and found this very helpful, however I cannot find the right way to write a formula to express if C2 is either 1,2,3,4,5,6,7,8,9 and F2 is F and F3 is either D,F,B,L,R,C then give a value of 1 if not then 0. I have tried many formulas but just can’t get it right, can you help please?

Answer: You can write an IF statement that uses the AND function and the OR function as follows:

=IF(AND(C2>=1,C2<=9, F2="F",OR(F3="D",F3="F",F3="B",F3="L",F3="R",F3="C")),1,0)

Question:In Excel, I have a roadspeed of a car in m/s in cell A1 and a drop down menu of different units in C1 (which unclude mph and kmh). I have used the following IF function in B1 to convert the number to the unit selected from the dropdown box:

=IF(C1="mph","=A1*2.23693629",IF(C1="kmh","A1*3.6"))

However say if kmh was selected B1 literally just shows A1*3.6 and does not actually calculate it. Is there away to get it to calculate it instead of just showing the text message?

Answer: You are very close with your formula. Because you are performing mathematical operations (such as A1*2.23693629 and A1*3.6), you do not need to surround the mathematical formulas in quotes. Quotes are necessary when you are evaluating strings, not performing math.

Try the following:

=IF(C1="mph",A1*2.23693629,IF(C1="kmh",A1*3.6))

Question:For an IF statement in Excel, I want to combine text and a value.

For example, I want to put an equation for work hours and pay. IF I am paid more than I should be, I want it to read how many hours I owe my boss. But if I work more than I am paid for, I want it to read what my boss owes me (hours*Pay per Hour).

I tried the following:

=IF(A2<0,"I owe boss" abs(A2) "Hours","Boss owes me" abs(A2)*15 "dollars")

Is it possible or do I have to do it in 2 separate cells? (one for text and one for the value)

Answer: There are two ways that you can concatenate text and values. The first is by using the & character to concatenate:

=IF(A2<0,"I owe boss " & ABS(A2) & " Hours","Boss owes me " & ABS(A2)*15 &  " dollars")

Or the second method is to use the CONCATENATE function:

=IF(A2<0,CONCATENATE("I owe boss ", ABS(A2)," Hours"), CONCATENATE("Boss owes me ", ABS(A2)*15,  " dollars"))

Question:I have Excel 2000. IF cell A2 is greater than or equal to 0 then add to C1. IF cell B2 is greater than or equal to 0 then subtract from C1. IF both A2 and B2 are blank then equals C1. Can you help me with the IF function on this one?

Answer: You can write a nested IF statement that uses the AND function and the ISBLANK function as follows:

=IF(AND(ISBLANK(A2)=FALSE,A2>=0),C1+A2, IF(AND(ISBLANK(B2)=FALSE,B2>=0),C1-B2, IF(AND(ISBLANK(A2)=TRUE, ISBLANK(B2)=TRUE),C1,"")))

Question:How would I write this equation in Excel? IF D12<=0 then D12*L12, IF D12 is > 0 but <=600 then D12*F12, IF D12 is >600 then ((600*F12)+((D12-600)*E12))

Answer: You can write a nested IF statement as follows:

=IF(D12<=0,D12*L12,IF(D12>600,((600*F12)+((D12-600)*E12)),D12*F12))

Question:In Excel, I have this formula currently:

=IF(OR(A1>=40, B1>=40, C1>=40), "20", (A1+B1+C1)-20)

If one of my salesman does sale for $40-$49, then his commission is $20; however if his/her sale is less (for example $35) then the commission is that amount minus $20 ($35-$20=$15). I have 3 columns that are needed based on the type of sale. Only one column per row will be needed. The problem is that, when left blank, the total in the formula cell is -20. I need help setting up this formula so that when the 3 columns are left blank, the cell with the formula is left blank as well.

Answer: Using the AND function and the ISBLANK function, you can write your IF statement as follows:

=IF(AND(ISBLANK(A1),ISBLANK(B1),ISBLANK(C1)),"",IF(OR(A1>40, B1>40, C1>40), "20", (A1+B1+C1)-20))

In this formula, we are using the ISBLANK function to check if all 3 cells A1, B1, and C1 are blank, and if they are return a blank value («»). Then the rest is the formula that you originally wrote.


Question:In Excel, I need to create a simple booking and and out system, that shows a date out and a date back

«A1» = allows person to input date booked out
«A2» =allows person to input date booked back in

«A3″= shows status of product, eg, booked out, overdue return etc.

I can automate A3 with the following IF function:

=IF(ISBLANK(A2),"booked out","returned")

But what I cant get to work is if the product is out for 10 days or more, I would like the cell to say «send email»

Can you assist?

Answer: Using the TODAY function and adding an additional IF function, you can write your formula as follows:

=IF(ISBLANK(A2),IF(TODAY()-A1>10,"send email","booked out"),"returned")

Question:Using Microsoft Excel, I need a formula in cell U2 that does the following:

IF the date in E2<=12/31/2010, return T2*0.75
IF the date in E2>12/31/2010 but <=12/31/2011, return T2*0.5
IF the date in E2>12/31/2011, return T2*0

I tried using the following formula, but it gives me «#VALUE!»

=IF(E2<=DATE(2010,12,31),T2*0.75), IF(AND(E2>DATE(2010,12,31),E2<=DATE(2011,12,31)),T2*0.5,T2*0)

Can someone please help? Thanks.

Answer: You were very close…you just need to adjust your parentheses as follows:

=IF(E2<=DATE(2010,12,31),T2*0.75, IF(AND(E2>DATE(2010,12,31),E2<=DATE(2011,12,31)),T2*0.5,T2*0))

Question:In Excel, I would like to add 60 days if grade is ‘A’, 45 days if grade is ‘B’ and 30 days if grade is ‘C’. It would roughly look something like this, but I’m struggling with commas, brackets, etc.

(IF C5=A)=DATE(YEAR(B5)+0,MONTH(B5)+0,DAY(B5)+60),
(IF C5=B)=DATE(YEAR(B5)+0,MONTH(B5)+0,DAY(B5)+45),
(IF C5=C)=DATE(YEAR(B5)+0,MONTH(B5)+0,DAY(B5)+30)

Answer:You should be able to achieve your date calculations with the following formula:

=IF(C5="A",B5+60,IF(C5="B",B5+45,IF(C5="C",B5+30)))

Question:In Excel, I am trying to write a function and can’t seem to figure it out. Could you help?

IF D3 is < 31, then 1.51
IF D3 is between 31-90, then 3.40
IF D3 is between 91-120, then 4.60
IF D3 is > 121, then 5.44

Answer:You can write your formula as follows:

=IF(D3>121,5.44,IF(D3>=91,4.6,IF(D3>=31,3.4,1.51)))

Question:I would like ask a question regarding the IF statement. How would I write in Excel this problem?

I have to check if cell A1 is empty and if not, check if the value is less than equal to 5. Then multiply the amount entered in cell A1 by .60. The answer will be displayed on Cell A2.

Answer:You can write your formula in cell A2 using the IF function and ISBLANK function as follows:

=IF(AND(ISBLANK(A1)=FALSE,A1<=5),A1*0.6,"")

Question:In Excel, I’m trying to nest an OR command and I can’t find the proper way to write it. I want the spreadsheet to do the following:

If D6 equals «HOUSE» and C6 equals either «MOUSE» or «CAT», I want to return the value in cell B6. Otherwise, the formula should return the value «BLANK».

I tried the following:

=IF((D6="HOUSE")*(C6="MOUSE")*OR(C6="CAT"));B6;"BLANK")

If I only ask for HOUSE and MOUSE or HOUSE and CAT, it works, but as soon as I ask for MOUSE OR CAT, it doesn’t work.

Answer:You can write your formula using the AND function and OR function as follows:

=IF(AND(D6="HOUSE",OR(C6="MOUSE",C6="CAT")),B6,"BLANK")

This will return the value in B6 if D6 equals «HOUSE» and C6 equals either «MOUSE» or «CAT». If those conditions are not met, the formula will return the text value of «BLANK».


Question:In Microsoft Excel, I’m trying to write the following formula:

If cell A1 equals «jaipur», «udaipur» or «jodhpur», then cell A2 should display «rajasthan»
If cell A1 equals «bangalore», «mysore» or «belgum», then cell A2 should display «karnataka»

Please help.

Answer:You can write your formula using the OR function as follows:

=IF(OR(A1="jaipur",A1="udaipur",A1="jodhpur"),"rajasthan", IF(OR(A1="bangalore",A1="mysore",A1="belgum"),"karnataka"))

This will return «rajasthan» if A1 equals either «jaipur», «udaipur» or «jodhpur» and it will return «karnataka» if A1 equals either «bangalore», «mysore» or «belgum».


Question:In Microsoft Excel I’m trying to achieve the following with IF function:

If a value in any cell in column F is «food» then add the value of its corresponding cell in column G (eg a corresponding cell for F3 is G3). The IF function is performed in another cell altogether. I can do it for a single pair of cells but I don’t know how to do it for an entire column. Could you help?

At the moment, I’ve got this:

=IF(F3="food"; G3; 0)

Answer:This formula can be created using the SUMIF formula instead of using the IF function:

=SUMIF(F1:F10,"=food",G1:G10)

This will evaluate the first 10 rows of data in your spreadsheet. You may need to adjust the ranges accordingly.

I notice that you separate your parameters with semi-colons, so you might need to replace the commas in the formula above with semi-colons.


Question:I’m looking for an Exel formula that says:

If F3 is «H» and E3 is «H», return 1
If F3 is «A» and E3 is «A», return 2
If F3 is «d» and E3 is «d», return 3

Appreciate if you can help.

Answer:This Excel formula can be created using the AND formula in combination with the IF function:

=IF(AND(F3="H",E3="H"),1,IF(AND(F3="A",E3="A"),2,IF(AND(F3="d",E3="d"),3,"")))

We’ve defaulted the formula to return a blank if none of the conditions above are met.


Question:I am trying to get Excel to check different boxes and check if there is text/numbers listed in the cells and then spit out «Complete» if all 5 Boxes have text/Numbers or «Not Complete» if one or more is empty. This is what I have so far and it doesn’t work.

=IF(OR(ISBLANK(J2),ISBLANK(M2),ISBLANK(R2),ISBLANK (AA2),ISBLANK (AB2)),"Not Complete","")

Answer:First, you are correct in using the ISBLANK function, however, you have a space between ISBLANK and (AA2), as well as ISBLANK and (AB2). This might seem insignificant, but Excel can be very picky and will return a #NAME? error. So first you need to eliminate those spaces.

Next, you need to change the ELSE condition of your IF function to return «Complete».

You should be able to modify your formula as follows:

=IF(OR(ISBLANK(J2),ISBLANK(M2),ISBLANK(R2),ISBLANK(AA2),ISBLANK(AB2)), "Not Complete", "Complete")

Now if any of the cell J2, M2, R2, AA2, or AB2 are blank, the formula will return «Not Complete». If all 5 cells have a value, the formula will return «Complete».


Question:I’m very new to the Excel world, and I’m trying to figure out how to set up the proper formula for an If/then cell.

What I’m trying for is:

If B2’s value is 1 to 5, then multiply E2 by .77
If B2’s value is 6 to 10, then multiply E2 by .735
If B2’s value is 11 to 19, then multiply E2 by .7
If B2’s value is 20 to 29, then multiply E2 by .675
If B2’s value is 30 to 39, then multiply E2 by .65

I’ve tried a few different things thinking I was on the right track based on the IF, and AND function tutorials here, but I can’t seem to get it right.

Answer:To write your IF formula, you need to nest multiple IF functions together in combination with the AND function.

The following formula should work for what you are trying to do:

=IF(AND(B2>=1, B2<=5), E2*0.77, IF(AND(B2>=6, B2<=10), E2*0.735, IF(AND(B2>=11, B2<=19), E2*0.7, IF(AND(B2>=20, B2<=29), E2*0.675, IF(AND(B2>=30, B2<=39), E2*0.65,"")))))

As one final component of your formula, you need to decide what to do when none of the conditions are met. In this example, we have returned «» when the value in B2 does not meet any of the IF conditions above.


Question:Here is the Excel formula that has me between a rock and a hard place.

If E45 <= 50, return 44.55
If E45 > 50 and E45 < 100, return 42
If E45 >=200, return 39.6

Again thank you very much.

Answer:You should be able to write this Excel formula using a combination of the IF function and the AND function.

The following formula should work:

=IF(E45<=50, 44.55, IF(AND(E45>50, E45<100), 42, IF(E45>=200, 39.6, "")))

Please note that if none of the conditions are met, the Excel formula will return «» as the result.


Question:I have a nesting OR function problem:

My nonworking formula is:

=IF(C9=1,K9/J7,IF(C9=2,K9/J7,IF(C9=3,K9/L7,IF(C9=4,0,K9/N7))))

In Cell C9, I can have an input of 1, 2, 3, 4 or 0. The problem is on how to write the «or» condition when a «4 or 0» exists in Column C. If the «4 or 0» conditions exists in Column C I want Column K divided by Column N and the answer to be placed in Column M and associated row

Answer:You should be able to use the OR function within your IF function to test for C9=4 OR C9=0 as follows:

=IF(C9=1,K9/J7,IF(C9=2,K9/J7,IF(C9=3,K9/L7,IF(OR(C9=4,C9=0),K9/N7))))

This formula will return K9/N7 if cell C9 is either 4 or 0.


Question:In Excel, I am trying to create a formula that will show the following:

If column B = Ross and column C = 8 then in cell AB of that row I want it to show 2013, If column B = Block and column C = 9 then in cell AB of that row I want it to show 2012.

Answer:You can create your Excel formula using nested IF functions with the AND function.

=IF(AND(B1="Ross",C1=8),2013,IF(AND(B1="Block",C1=9),2012,""))

This formula will return 2013 as a numeric value if B1 is «Ross» and C1 is 8, or 2012 as a numeric value if B1 is «Block» and C1 is 9. Otherwise, it will return blank, as denoted by «».


Question:In Excel, I really have a problem looking for the right formula to express the following:

If B1=0, C1 is equal to A1/2
If B1=1, C1 is equal to A1/2 times 20%
If D1=1, C1 is equal to A1/2-5

I’ve been trying to look for any same expressions in your site. Please help me fix this.

Answer:In cell C1, you can use the following Excel formula with 3 nested IF functions:

=IF(B1=0,A1/2, IF(B1=1,(A1/2)*0.2, IF(D1=1,(A1/2)-5,"")))

Please note that if none of the conditions are met, the Excel formula will return «» as the result.


Question:In Excel, I need the answer for an IF THEN statement which compares column A and B and has an «OR condition» for column C. My problem is I want column D to return yes if A1 and B1 are >=3 or C1 is >=1.

Answer:You can create your Excel IF formula as follows:

=IF(OR(AND(A1>=3,B1>=3),C1>=1),"yes","")

Please note that if none of the conditions are met, the Excel formula will return «» as the result.


Question:In Excel, what have I done wrong with this formula?

=IF(OR(ISBLANK(C9),ISBLANK(B9)),"",IF(ISBLANK(C9),D9-TODAY(), "Reactivated"))

I want to make an event that if B9 and C9 is empty, the value would be empty. If only C9 is empty, then the output would be the remaining days left between the two dates, and if the two cells are not empty, the output should be the string ‘Reactivated’.

The problem with this code is that IF(ISBLANK(C9),D9-TODAY() is not working.

Answer:First of all, you might want to replace your OR function with the AND function, so that your Excel IF formula looks like this:

=IF(AND(ISBLANK(C9),ISBLANK(B9)),"",IF(ISBLANK(C9),D9-TODAY(),"Reactivated"))

Next, make sure that you don’t have any abnormal formatting in the cell that contains the results. To be safe, right click on the cell that contains the formula and choose Format Cells from the popup menu. When the Format Cells window appears, select the Number tab. Choose General as the format and click on the OK button.


Question:I was wondering if you could tell me what I am doing wrong.
Here are the instructions:

A customer is eligible for a discount if the customer’s 2016 sales greater than or equal to 100000 OR if the customers First Order was placed in 2016.
If the customer qualifies for a discount, return a value of Y
If the customer does not qualify for a discount, return a value of N.

Here is the formula I’ve entered:

=IF(OR([2014 Sales]=0,[2015 Sales]=0,[2016 Sales]>=100000),"Y","N")

I only have 2 cells wrong. Can you help me please? I am very lost and confused.

Answer:You are very close with your IF formula, however, it looks like you need to add the AND function to your formula as follows:

=IF(OR([2016 Sales]>=100000,AND([2014 Sales]=0,[2015 Sales]=0),C8>=100000),"Y","N")

This formula should return Y if 2016 sales are greater than or equal to 100000, or if both 2014 sales and 2015 sales are 0. Otherwise, the formula will return N. You will also notice that we switched the order of your conditions in the formula so that it is easier to understand the formula based on your instructions above.


Question:Could you please help me? I need to use «OR» on my formula but I can’t get it to work. This is what I’ve tried:

=IF(C6>=0<=150,150000,IF(C6>=151<=160,158400))

Here is what I need the formula to do:

IF C6 IS >=0 OR <=150 THEN ASSIGN $150000

IF C6 IS >=151 OR <=160 THEN ASSIGN $158400

Answer:You should be able to use the AND function within your IF function as follows:

=IF(AND(ISBLANK(C6)=FALSE,C6>=0,C6<=150),150000,IF(AND(C6>=151,C6<=160),158400,""))

Notice that we first use the ISBLANK function to test C6 to make sure that it is not blank. This is because if C6 if blank, it will evalulate to greater than 0 and thus return 150000. To avoid this, we include ISBLANK(C6)=FALSE as one of the conditions in addition to C6>=0 and C6<=150. That way, you won’t return any false results if C6 is blank.


Question:I am having a problem with a formula, I want it to be IF E5=N then do the first formula, else do the second formula. Excel recognizes the =IF(logical_test,value_if_TRUE,value_if_FALSE) but doesn’t like the formula below:

=IF(e5="N",((AND(AH5-AG5<456, AH5-S5<822)), "Compliant", "not Compliant"),((AH5-S5<822), "Compliant", "not Compliant"))

Any help would be greatly appreciated.

Answer:To have the first formula executed when E5=N and then second formula executed when E5<>N, you will need to nest 2 additional IF functions within the main IF function as follows:

=IF(E5="N", IF((AND(AH5-AG5<456, AH5-S5<822)), "Compliant", "not Compliant"), IF((AH5-S5<822), "Compliant", "not Compliant"))

If E5=»N», the first nested IF function will be executed:

IF((AND(AH5-AG5<456, AH5-S5<822)), "Compliant", "not Compliant")

Otherwise,the second nested IF function will be executed:

IF((AH5-S5<822), "Compliant", "not Compliant"))

Question:I need to write a formula based on the following logic:

There is a maximum discount allowed of £1000 if the capital sum is less that £43000 and a lower discount of £500 if the capital sum is above £43000. So the formula should return either £500 or £1000 in the cell but the £43000 is made up of two numbers, say for e.g. £42750+350 and if the second number is less than the allowed discount, the actual lower value is returned — in this case the £500 or £1000 becomes £350. Or as another e.g. £42000+750 returns £750.

So on my spreadsheet, in this second e.g. I would have A1= £42000, A2=750, A3=A1+A2, A4=the formula with the changing discount, in this case £750.

How can I write this formula?

Answer:In cell A4, you can calculate the correct discount using the IF function and the MIN function as follows:

=IF(A3<43000, MIN(A2,1000), MIN(A2,500))

If A3 is less than 43000, the formula will return the lower value of A2 and 1000. Otherwise, it will return the lower value of A2 and 500.


Question: I have a list of sizes in column A with sizes 100, 200, 300, 400, 500, 600. Then I have another column B, with sizes of my products, and it is random, for example, 318, 445, 527. What I’m trying to create is for a value of 318 in column B, I need to return 400 for that product. If the value in column B is 445, then I should return 500 and so on, as long sizes in column A must be BIGGER to the NEAREST size to column B.

Any idea how to create this function?

Answer:If your sizes are in increments of 100, you can create this function by taking the value in column B, dividing by 100, rounding up to the nearest integer, and then multiplying by 100.

Microsoft Excel

For example in cell C2, you can use the IF function and the ROUNDUP function as follows:

=ROUNDUP(B2/100,0)*100

This will return the correct value of 400 for a value of 318 in cell B2. Just copy this formula to cell C3, C4 and so on.

The IF function runs a logical test and returns one value for a TRUE result, and another value for a FALSE result. The result from IF can be a value, a cell reference, or even another formula. By combining the IF function with other logical functions like AND and OR, you can test more than one condition at a time.

Syntax

The generic syntax for the IF function looks like this:

=IF(logical_test,[value_if_true],[value_if_false])

The first argument, logical_test, is typically an expression that returns either TRUE or FALSE. The second argument, value_if_true, is the value to return when logical_test is TRUE. The last argument, value_if_false, is the value to return when logical_test is FALSE. Both value_if_true and value_if_false are optional, but you must provide one or the other. For example, if cell A1 contains 80, then:

=IF(A1>75,TRUE) // returns TRUE
=IF(A1>75,"OK") // returns "OK"
=IF(A1>85,"OK") // returns FALSE
=IF(A1>75,10,0) // returns 10
=IF(A1>85,10,0) // returns 0
=IF(A1>75,"Yes","No") // returns "Yes"
=IF(A1>85,"Yes","No") // returns "No"

Notice that text values like «OK», «Yes», «No», etc. must be enclosed in double quotes («»). However, numeric values should not be enclosed in quotes.

Logical tests

The IF function supports logical operators (>,<,<>,=) when creating logical tests. Most commonly, the logical_test in IF is a complete logical expression that will evaluate to TRUE or FALSE. The table below shows some common examples:

Goal Logical test
If A1 is greater than 75 A1>75
If A1 equals 100 A1=100
If A1 is less than or equal to 100 A1<=100
If A1 equals «Red» A1=»red»
If A1 is not equal to «Red» A1<>»red»
If A1 is less than B1 A1<B1
If A1 is empty A1=»»
If A1 is not empty A1<>»»
If A1 is less than current date A1<TODAY()

Notice text values must be enclosed in double quotes («»), but numbers do not. The IF function does not support wildcards, but you can combine IF with COUNTIF to get basic wildcard functionality. To test for substrings in a cell, you can use the IF function with the SEARCH function.

Pass or Fail example

In the worksheet shown above, we want to assign either «Pass» or «Fail» based on a test score. A passing score is 70 or higher. The formula in D6, copied down, is:

=IF(C5>=70,"Pass","Fail")

Translation: If the value in C5 is greater than or equal to 70, return «Pass». Otherwise, return «Fail».

Note that the logical flow of this formula can be reversed. This formula returns the same result:

=IF(C5<70,"Fail","Pass")

Translation: If the value in C5 is less than 70, return «Fail». Otherwise, return «Pass».

Both formulas above, when copied down, will return correct results.

Note: If you are new to the idea of formula criteria, this article explains many examples.

Assign points based on color

In the worksheet below, we want to assign points based on the color in column B. If the color is «red», the result should be 100. If the color is «blue», the result should be 125. This requires that we use a formula based on two IF functions, one nested inside the other. The formula in C5, copied down, is:

=IF(B5="red",100,IF(B5="blue",125))

Translation: IF the value in B5 is «red», return 100. Else, if the value in B5 is «blue», return 125.

Assign points based on color with the IF function

There are three things to notice in this example:

  1. The formula will return FALSE if the value in B5 is anything except «red» or «blue»
  2. The text values «red» and «blue» must be enclosed in double quotes («»)
  3. The IF function is not case-sensitive and will match «red», «Red», «RED», or «rEd».

This is a simple example of a nested IFs formula. See below for a more complex example.

Return another formula

The IF function can return another formula as a result. For example, the formula below will return A1*5% when A1 is less than 100, and A1*7% when A1 is greater than or equal to 100:

=IF(A1<100,A1*5%,A1*7%)

Nested IF statements

The IF function can be «nested». A «nested IF» refers to a formula where at least one IF function is nested inside another in order to test for more conditions and return more possible results. Each IF statement needs to be carefully «nested» inside another so that the logic is correct. For example, the following formula can be used to assign a grade rather than a pass / fail result:

=IF(C6<70,"F",IF(C6<75,"D",IF(C6<85,"C",IF(C6<95,"B","A"))))

Up to 64 IF functions can be nested. However, in general, you should consider other functions, like VLOOKUP or XLOOKUP for more complex scenarios, because they can handle more conditions in a more streamlined fashion. For a more details see this article on nested IFs.

Note: the newer IFS function is designed to handle multiple conditions without nesting. However, a lookup function like VLOOKUP or XLOOKUP is usually a better approach unless the logic for each condition is custom.

IF with AND, OR, NOT

The IF function can be combined with the AND function and the OR function. For example, to return «OK» when A1 is between 7 and 10, you can use a formula like this:

=IF(AND(A1>7,A1<10),"OK","")

Translation: if A1 is greater than 7 and less than 10, return «OK». Otherwise, return nothing («»).

To return B1+10 when A1 is «red» or «blue» you can use the OR function like this:

=IF(OR(A1="red",A1="blue"),B1+10,B1)

Translation: if A1 is red or blue, return B1+10, otherwise return B1.

=IF(NOT(A1="red"),B1+10,B1)

Translation: if A1 is NOT red, return B1+10, otherwise return B1.

IF cell contains specific text

Because the IF function does not support wildcards, it is not obvious how to configure IF to check for a specific substring in a cell. A common approach is to combine the ISNUMBER function and the SEARCH function to create a logical test like this:

=ISNUMBER(SEARCH(substring,A1)) // returns TRUE or FALSE

For example, to check for the substring «xyz» in cell A1, you can use a formula like this:

=IF(ISNUMBER(SEARCH("xyz",A1)),"Yes","No")

Read a detailed explanation here.

More information

  • Read more about nested IFs
  • Learn how to use VLOOKUP instead of nested IFs (video)
  • 50 Examples of formula criteria

Notes

  • The IF function is not case-sensitive.
  • To count values conditionally, use the COUNTIF or the COUNTIFS functions.
  • To sum values conditionally, use the SUMIF or the SUMIFS functions.
  • If any of the arguments to IF are supplied as arrays, the IF function will evaluate every element of the array.

Функция ЕСЛИ в Excel — это отличный инструмент для проверки условий на ИСТИНУ или ЛОЖЬ. Если значения ваших расчетов равны заданным параметрам функции как ИСТИНА, то она возвращает одно значение, если ЛОЖЬ, то другое.

Содержание

  1. Что возвращает функция
  2. Синтаксис
  3. Аргументы функции
  4. Дополнительная информация
  5. Функция Если в Excel примеры с несколькими условиями
  6. Пример 1. Проверяем простое числовое условие с помощью функции IF (ЕСЛИ)
  7. Пример 2. Использование вложенной функции IF (ЕСЛИ) для проверки условия выражения
  8. Пример 3. Вычисляем сумму комиссии с продаж с помощью функции IF (ЕСЛИ) в Excel
  9. Пример 4. Используем логические операторы (AND/OR) (И/ИЛИ) в функции IF (ЕСЛИ) в Excel
  10. Пример 5. Преобразуем ошибки в значения “0” с помощью функции IF (ЕСЛИ)

Что возвращает функция

Заданное вами значение при выполнении двух условий ИСТИНА или ЛОЖЬ.

Синтаксис

=IF(logical_test, [value_if_true], [value_if_false]) — английская версия

=ЕСЛИ(лог_выражение; [значение_если_истина]; [значение_если_ложь]) — русская версия

Аргументы функции

  • logical_test (лог_выражение) — это условие, которое вы хотите протестировать. Этот аргумент функции должен быть логичным и определяемым как ЛОЖЬ или ИСТИНА. Аргументом может быть как статичное значение, так и результат функции, вычисления;
  • [value_if_true] ([значение_если_истина]) — (не обязательно) — это то значение, которое возвращает функция. Оно будет отображено в случае, если значение которое вы тестируете соответствует условию ИСТИНА;
  • [value_if_false] ([значение_если_ложь]) — (не обязательно) — это то значение, которое возвращает функция. Оно будет отображено в случае, если условие, которое вы тестируете соответствует условию ЛОЖЬ.

Дополнительная информация

  • В функции ЕСЛИ может быть протестировано 64 условий за один раз;
  • Если какой-либо из аргументов функции является массивом — оценивается каждый элемент массива;
  • Если вы не укажете условие аргумента FALSE (ЛОЖЬ) value_if_false (значение_если_ложь) в функции, т.е. после аргумента value_if_true (значение_если_истина) есть только запятая (точка с запятой), функция вернет значение “0”, если результат вычисления функции будет равен FALSE (ЛОЖЬ).
    На примере ниже, формула =IF(A1> 20,”Разрешить”) или =ЕСЛИ(A1>20;»Разрешить») , где value_if_false (значение_если_ложь) не указано, однако аргумент value_if_true (значение_если_истина) по-прежнему следует через запятую. Функция вернет “0” всякий раз, когда проверяемое условие не будет соответствовать условиям TRUE (ИСТИНА).

    IF-EXCEL-01|
  • Если вы не укажете условие аргумента TRUE(ИСТИНА) (value_if_true (значение_если_истина)) в функции, т.е. условие указано только для аргумента value_if_false (значение_если_ложь), то формула вернет значение “0”, если результат вычисления функции будет равен TRUE (ИСТИНА);
    На примере ниже формула равна =IF (A1>20;«Отказать») или =ЕСЛИ(A1>20;»Отказать»), где аргумент value_if_true (значение_если_истина) не указан, формула будет возвращать “0” всякий раз, когда условие соответствует TRUE (ИСТИНА).

IF EXCEL - 02

Функция Если в Excel примеры с несколькими условиями

Пример 1. Проверяем простое числовое условие с помощью функции IF (ЕСЛИ)

При использовании функции ЕСЛИ в Excel, вы можете использовать различные операторы для проверки состояния. Вот список операторов, которые вы можете использовать:

IF-EXCEL-03

Ниже приведен простой пример использования функции при расчете оценок студентов. Если сумма баллов больше или равна «35», то формула возвращает “Сдал”, иначе возвращается “Не сдал”.

Excel-IF-04

Пример 2. Использование вложенной функции IF (ЕСЛИ) для проверки условия выражения

Функция может принимать до 64 условий одновременно. Несмотря на то, что создавать длинные вложенные функции нецелесообразно, то в редких случаях вы можете создать формулу, которая множество условий последовательно.

В приведенном ниже примере мы проверяем два условия.

  • Первое условие проверяет, сумму баллов не меньше ли она чем 35 баллов. Если это ИСТИНА, то функция вернет “Не сдал”;
  • В случае, если первое условие — ЛОЖЬ, и сумма баллов больше 35, то функция проверяет второе условие. В случае если сумма баллов больше или равна 75. Если это правда, то функция возвращает значение “Отлично”, в других случаях функция возвращает “Сдал”.

Excel-If-06

Пример 3. Вычисляем сумму комиссии с продаж с помощью функции IF (ЕСЛИ) в Excel

Функция позволяет выполнять вычисления с числами. Хороший пример использования — расчет комиссии продаж для торгового представителя.

В приведенном ниже примере, торговый представитель по продажам:

  • не получает комиссионных, если объем продаж меньше 50 тыс;
  • получает комиссию в размере 2%, если продажи между 50-100 тыс
  • получает 4% комиссионных, если объем продаж превышает 100 тыс.

Рассчитать размер комиссионных для торгового агента можно по следующей формуле:

=IF(B2<50,0,IF(B2<100,B2*2%,B2*4%)) — английская версия

=ЕСЛИ(B2<50;0;ЕСЛИ(B2<100;B2*2%;B2*4%)) — русская версия

Excel-IF-07

В формуле, использованной в примере выше, вычисление суммы комиссионных выполняется в самой функции ЕСЛИ. Если объем продаж находится между 50-100K, то формула возвращает B2 * 2%, что составляет 2% комиссии в зависимости от объема продажи.

Telegram Logo Больше лайфхаков в нашем Telegram Подписаться

Пример 4. Используем логические операторы (AND/OR) (И/ИЛИ) в функции IF (ЕСЛИ) в Excel

Вы можете использовать логические операторы (AND/OR) (И/ИЛИ) внутри функции для одновременного тестирования нескольких условий.

Например, предположим, что вы должны выбрать студентов для стипендий, основываясь на оценках и посещаемости. В приведенном ниже примере учащийся имеет право на участие только в том случае, если он набрал более 80 баллов и имеет посещаемость более 80%.

Excel-If-09

Вы можете использовать функцию AND (И) вместе с функцией IF (ЕСЛИ), чтобы сначала проверить, выполняются ли оба эти условия или нет. Если условия соблюдены, функция возвращает “Имеет право”, в противном случае она возвращает “Не имеет право”.

Формула для этого расчета:

=IF(AND(B2>80,C2>80%),”Да”,”Нет”) — английская версия

=ЕСЛИ(И(B2>80;C2>80%);»Да»;»Нет») — русская версия

Excel-IF-10

Пример 5. Преобразуем ошибки в значения “0” с помощью функции IF (ЕСЛИ)

С помощью этой функции вы также можете убирать ячейки содержащие ошибки. Вы можете преобразовать значения ошибок в пробелы или нули или любое другое значение.

Формула для преобразования ошибок в ячейках следующая:

=IF(ISERROR(A1),0,A1) — английская версия

=ЕСЛИ(ЕОШИБКА(A1);0;A1) — русская версия

Формула возвращает “0”, в случае если в ячейке есть ошибка, иначе она возвращает значение ячейки.

ПРИМЕЧАНИЕ. Если вы используете Excel 2007 или версии после него, вы также можете использовать функцию IFERROR для этого.

Точно так же вы можете обрабатывать пустые ячейки. В случае пустых ячеек используйте функцию ISBLANK, на примере ниже:

=IF(ISBLANK(A1),0,A1) — английская версия

=ЕСЛИ(ЕПУСТО(A1);0;A1) — русская версия

EXCEL-IF-11

Bottom Line: Learn how to use the IF Function to write formulas that return results based on a condition or logical test. This post includes training on logical tests, comparison operators, nested IF formulas, multiple conditions with AND and OR functions, and common causes of formula errors.

Skill Level: Beginner

Watch the Tutorial

Watch on YouTube & Subscribe to our Channel

Download the Excel File

You can access the file that I use in the video by clicking below.

Mastering the IF Function

The IF Function is an important function to know. It can help with comparing data, performing lookups to group data, and making reports interactive. If you’re not familiar with IF or could use a refresher, this post will help.

Here is the IF function’s signature:

=IF(logical_test, [value_if_true], [value_if_false])

The IF Function has 3 arguments:

  1. Logical test. This is where we can compare data or see if a condition is met.
  2. Value if true. Defining this argument tells Excel to return a certain value if the condition in the logical test is met.
  3. Value if false. If the condition is not met, this argument defines what the returned value will be.

Here’s an example. I’m comparing Revenue amounts with Goal amounts. If the Revenue is greater than or equal to the goal, I want column D to say Yes, and if not, to say No.

IF function definition and arguments

Let’s talk about the most important part of the IF function: the logical test.

Logical Tests

The logical test portion of the formula always uses a comparison operator to compare values and determine if the statement is true or false. Here is a list of comparison operators that can be used.

Operator Description
= Equal To
<> Not Equal To
> Greater Than
< Less Than
>= Greater Than or Equal To
<= Less Than or Equal To

Logical tests return TRUE or FALSE values. This is important because the logical test argument within IF needs a TRUE or FALSE (boolean) value returned to it. It is also important because you might not even need an IF function if the TRUE/FALSE values can be used to get the answer you are looking for.

Logical tests boolean values

It’s also important to note that the case doesn’t matter when comparing text.  The following formula will return TRUE.

=”Excel Campus” = “excel campus”

Returning Other Values

While “TRUE” and “FALSE” would probably be sufficient for my example, I prefer them to say “Yes” and “No” in answer to the question in by column header: “Hit goal?”.

The advantage of using an IF function is that you can return any values you like by specifying the words that you want to appear. Just make sure to wrap them in quotation marks when writing your IF formula, unless they are numbers. If you do not specify these second and third arguments when writing the IF formula, it will simply return TRUE and FALSE.

The value_if_true and value_if_false arguments can contain just about anything:

  • A number
  • Text wrapped in double quotes – “hello”
  • A reference to another cell – A2
  • A formula with another IF function.
  • A formula with any other combination of functions.

It’s also important to note that both the value_if_true and value_if_false arguments are optional. This is denoted by the square brackets around them in the function signature.

Optional Arguments in the IF Function Formula for Excel Return TRUE or FALSE

You must specify at least one of the arguments. If you leave one of the arguments blank and the logical test results in that condition, then a TRUE or FALSE value will be returned to the cell.

For example, the following formula will return a FALSE if A2 does NOT equal B2 because the value_if_false argument is not specified.

=IF(A2=B2, "Match")

Grouping Data

One common use for the IF Function is to categorize data. Let me show you an example.

On this worksheet, I want to categorize transactions as either Large or Small depending on the amount I’ve entered in cell D4. A transaction less than $60,000 will be labeled as small. Transactions greater than or equal to $60,000 will be large.

When writing the formula, I could specify the amounts and the labels by typing them out, but I prefer to use cell references so that they can quickly and easily be updated without rewriting the formulas.

IF Function categorize data

The dollar symbols ($) in the formula make the references absolute so that they don’t change when the formula is copied down to the cells below it. When the cell reference within the formula is selected, you can hit F4 on your keyboard (for Fn + F4 for most laptop keyboards) to insert a dollar symbol before the row number and column letter. (Pressing it repeatedly will toggle it to one or the other and back again to none or both.)

Categorizing these transactions is helpful for analyzing the data. You can filter out just the large or small items, or you can use these labels in a summary report, pivot table, or chart. Below is an example.

Summary report with categories created by IF function

Multiple Logical Tests

If we want to use more than one logical test, we can use the AND and OR Functions.

The AND Function

The AND Function checks whether all arguments are true and returns TRUE if they are.

In the example below, our formula is looking for transactions that are both “Large” and “Product 6.”

AND Function Example

The OR Function

Perhaps you want show a positive result if only ONE of the logical tests in your formula is true, not BOTH. If that is the case, you can use the OR Function.

The OR Function checks whether any of the arguments are true, and returns TRUE or FALSE. It returns FALSE only if all arguments are false.

Using the same sheet as above, the formula in our example below is looking for entries where the size is “Large” OR if the product name is “Product 5.”

OR Function Example

If we want to return text or a number instead of TRUE or FALSE, then we can wrap the AND or OR Functions in the IF Function. For example, using the OR Function above as our logical test in an IF Formula, we can type the word Upgrade (in parentheses) as our Value If True argument. That means, when the conditions we’ve specified are true, the cell will say Upgrade. To return a blank cell when the conditions aren’t met, we just have two quotation marks with nothing between them for our Value If False argument.

Using the IF Function with AND or OR Function

Nested IF Formulas

Things can get more complicated when there are more categories added to the mix. Maybe you want to group data based on 3 or more logical tests in your IF formula.

When this happens, we end up nesting another IF Function into our existing function each time we add another category.

For example, let’s say we have three account categories called Small, Large, and Key. A Small account is less than $10,000. A Large account is between $10,000 and $70,000. And a Key account is more than $70,000.

When we write our formula to categorize these accounts, we will need to use two IF statements, with one nested within the other.

The logic of the formula goes like this.

  1. If the amount is greater than or equal to $70,000, return a value of “Key.”
  2. But if it’s NOT, evaluate the next IF Function.
  3. If the amount is greater than or equal to $10,000, return a value of “Large.”
  4. But if it’s NOT, return a value of “Small.”

With the cell references plugged in for the sizes and amounts, the formula would look like this on our spreadsheet.

Using Nested IF functions to compare multiple values

As you can imagine, these nested IF formulas can get longer and uglier with each additional category or criteria that is added. That being the case, there are a couple of alternatives that I would like to mention.

Alternative 1: The IFS Function

This is a relatively new function introduced in Excel 2019. While it still requires a lot of selection and logical tests, it is somewhat easier to read and write the IFS formula compared to nested IF formulas.

IFS Function

I won’t go into detail about writing the IFS Function, but you can play around with it in the Excel file attached at the top of this post.

Alternative 2: Lookup Formulas

You can use VLOOKUP, XLOOKUP, or Index Match to return the same results as the nested IFs. These are a lot simpler to write. For an explanation of how to write a VLOOKUP formula like this, jump over to this tutorial:

How to Use VLOOKUP to Find the Closest Match – Last Argument is TRUE

VLOOKUP to categorize data

Common Errors with the IF Function

If you come across errors when using the IF Function, it is most likely related to data types. What I mean by that is, Excel can’t compare text to a number or a date, or evaluate text that is different. However, the formatting of values doesn’t hinder Excel from making comparisons in logical tests. Below you can see how the values in Column A and Column B return a TRUE or FALSE in column C when they are compared.

Logical Test Errors

Note that while the entry in B9 looks like it is formatted as a date, it is formatted as text. That is why it is returning FALSE when compared to the date in A9. See the video above for a further explanation on errors with data types.

Related Posts

If you found this information helpful, check out these other tutorials on related content.

  • How to Calculate Commissions in Excel with VLOOKUP, XLOOKUP, or IF
  • Introduction to Pivot Tables and Dashboards
  • Excel Tables Tutorial Video – Beginners Guide for Windows & Mac

Conclusion

Ready for a challenge? Test what you’ve learned and get more practice by taking our free IF Formula Challenge! You can access it here:

The challenge includes videos that explain the challenge and walk through the solution. See if you can earn all six gold stars in the challenge file.

I hope this explanation has been helpful and that you start putting the IF Function to work in your spreadsheets soon if you’re not already using it. Leave a comment below if you have questions or feedback!

In this tutorial we’re going to explain how to use the Excel IF function (also known as IF Statement), and look at a couple of different applications for it.

With the IF statement you can tell Excel to perform different calculations depending on whether the answer to your question is true of false.

Watch the Video

Subscribe YouTube

Download Workbooks

Enter your email address below to download the sample workbook.

By submitting your email address you agree that we can email you our Excel newsletter.

IF Formula Builder

IF Formula Builder

Our IF Formula Builder does the hard work of creating IF formulas.

You just need to enter a few pieces of information, and the workbook creates the formula for you.

Excel IF Function Written Tutorial

The function wizard in Excel describes the IF function as:

=IF(logical_test,value_if_true,value_if_false)

But let’s translate it into English and apply it to an example:

In the table below we want to calculate a commission in column G for each Builder based on the number of units in column D.

Excel IF function

We’ll say that for units over 5 we’ll pay 10% commission based on the Total $k figure in column F, and for units of 5 and under we’ll pay 5% commission.

Our IF formula for row 2 would read like this:

=IF(The number of units in cell D2 is >5,Then take the Total $k in cell F2 x 10%, but if it’s not > 5 then take the Total $k in cell F2 x 5%)

The actual formula we would enter into Cell G2 would be:

=IF(D2>5,F2*10%,F2*5%)

Remember; as the number of units in row 5 is not greater than 5 the formula would calculate a 5% commission.

Other Uses for IF

We don’t have to use the IF function to perform a calculation.  We could use it to return a comment.   If we take the previous example again, we could have asked Excel to put a note in the cell like ‘Pay 5%’ or ‘Pay 10%’.  To do this our IF formula would look like this:

=IF(D2>5,"Pay 10%","Pay 5%")

Notice the difference between the two formulas are the inverted commas («) surrounding the results we want Excel to produce.  These inverted commas tell Excel that the information between them is to be entered as text.

Below is a screen shot of how the formula looks in the Formula Bar and the result returned in column G.

formula bar

Try Other Operators

Because the IF formula is based on logic, you can employ tests other than the greater than (>) operator used in the example above.

Other operators you could use are:

= Equal to
< Less Than
<= Less than or equal to
>= Greater than or equal to*
<> Less than or greater than

*If we’d used this operator in our above example row 5 which had 5 units would have returned Pay 10%.

The logical IF statement in Excel is used for the recording of certain conditions. It compares the number and / or text, function, etc. of the formula when the values correspond to the set parameters, and then there is one record, when do not respond — another.

Logic functions — it is a very simple and effective tool that is often used in practice. Let us consider it in details by examples.



The syntax of the function «IF» with one condition

The operation syntax in Excel is the structure of the functions necessary for its operation data.

=IF(boolean;value_if_TRUE;value_if_FALSE)

Let us consider the function syntax:

  • Boolean – what the operator checks (text or numeric data cell).
  • Value_if_TRUE – what will appear in the cell when the text or numbers correspond to a predetermined condition (true).
  • Value_if_FALSE – what appears in the box when the text or the number does not meet the predetermined condition (false).

Example:

Example.

Logical IF functions.

The operator checks the A1 cell and compares it to 20. This is a «Boolean». When the contents of the column is more than 20, there is a true legend «greater 20». In the other case it’s «less or equal 20».

Attention! The words in the formula need to be quoted. For Excel to understand that you want to display text values.

Here is one more example. To gain admission to the exam, a group of students must successfully pass a test. The results are listed in a table with columns: a list of students, a credit, an exam.

list.

The statement IF should check not the digital data type but the text. Therefore, we prescribed in the formula В2= «done» We take the quotes for the program to recognize the text correctly.



The function IF in Excel with multiple conditions

Usually one condition for the logic function is not enough. If you need to consider several options for decision-making, spread operators’ IF into each other. Thus, we get several functions IF in Excel.

The syntax is as follows:

Here the operator checks the two parameters. If the first condition is true, the formula returns the first argument is the truth. False — the operator checks the second condition.

Examples of a few conditions of the function IF in Excel:

few conditions.

It’s a table for the analysis of the progress. The student received 5 points:

  • А – excellent;
  • В – above average or superior work;
  • C – satisfactory;
  • D – a passing grade;
  • E – completely unsatisfactory.

IF statement checks two conditions: the equality of value in the cells.

two conditions.

In this example, we have added a third condition, which implies the presence of another report card and «twos». The principle of the operator is the same.

Enhanced functionality with the help of the operators «AND» and «OR»

When you need to check out a few of the true conditions you use the function И. The point is: IF A = 1 AND A = 2 THEN meaning в ELSE meaning с.

OR function checks the condition 1 or condition 2. As soon as at least one condition is true, the result is true. The point is: IF A = 1 OR A = 2 THEN value B ELSE value C.

Functions AND & OR can check up to 30 conditions.

An example of using the operator AND:

operator AND.

It’s the example of using the logical operator OR.

example of using OR.

How to compare data in two tables

Users often need to compare the two spreadsheets in an Excel to match. Examples of the «life»: compare the prices of goods in different bringing, to compare balances (accounting reports) in a few months, the progress of pupils (students) of different classes, in different quarters, etc.

To compare the two tables in Excel, you can use the COUNTIFS statement. Consider the order of application functions.

For example, consider the two tables with the specifications of various food processors. We planned allocation of color differences. This problem in Excel solves the conditional formatting.

Baseline data (tables, which will work with):

tables.

Select the first table. Conditional Formatting — create a rule — use a formula to determine the formatted cells:

formatted cells.

In the formula bar write: = COUNTIFS (comparable range; first cell of first table)=0. Comparing range is in the second table.

To drive the formula into the range, just select it first cell and the last. «= 0» means the search for the exact command (not approximate) values.

Choose the format and establish what changes in the cell formula in compliance. It’s better to do a color fill.

Select the second table. Conditional Formatting — create a rule — use the formula. Use the same operator (COUNTIFS). For the second table formula:

Download all examples in Excel

compare the characteristics.

Now it is easy to compare the characteristics of the data in the table.

What is IF Function in Excel?

IF function in Excel evaluates whether a given condition is met and returns a value depending on whether the result is “true” or “false”. It is a conditional function of Excel, which returns the result based on the fulfillment or non-fulfillment of the given criteria.

For example, the IF formula in Excel can be applied as follows:

 “=IF(condition A,“value B”,“value C”)”

 The IF excel function returns “value B” if condition A is met and returns “value C” if condition A is not met.

It is often used to make logical interpretations which help in decision-making.

Table of contents
  • What is IF Function in Excel?
    • Syntax of the IF Excel Function
    • How to Use IF Function in Excel?
      • Example #1
      • Example #2
      • Example #3
      • Example #4
      • Example #5
    • Guidelines for the Multiple IF Statements
    • Frequently Asked Question
    • IF Excel Function Video
    • Recommended Articles

Syntax of the IF Excel Function

The syntax of the IF function is shown in the following image:

Excel IF Formula

The IF excel function accepts the following arguments:

  • Logical_test: It refers to the condition to be evaluated. The condition can be a value or a logical expression.
  • Value_if_true: It is the value returned as a result when the condition is “true”.
  • Value_if_false: It is the value returned as a result when the condition is “false”.

In the formula, the “logical_test” is a required argument, whereas the “value_if_true” and “value_if_false” are optional arguments.

The IF formula uses logical operators to evaluate the values in a range of cells. The following table shows the different logical operatorsLogical operators in excel are also known as the comparison operators and they are used to compare two or more values, the return output given by these operators are either true or false, we get true value when the conditions match the criteria and false as a result when the conditions do not match the criteria.read more and their meaning.

Operator Meaning
= Equal to
> Greater than
>= Greater than or equal to
< Less than
<= Less than or equal to
<> Not equal to

How to Use IF Function in Excel?

Let us understand the working of the IF function with the help of the following examples in Excel.

You can download this IF Function Excel Template here – IF Function Excel Template

Example #1

If there is no oxygen on a planet, life is impossible. If oxygen is available on a planet, then life is possible. The following table shows a list of planets in column A and the information on the availability of oxygen in column B. We have to find the planets where life is possible, based on the condition of oxygen availability.

IF Function Example 1

Let us apply the IF formula to cell C2 to find out whether life is possible on the planets listed in the table.

The IF formula is stated as follows:

“=IF(B2=“Yes”, “Life is Possible”, “Life is Not Possible”)

The succeeding image shows the IF formula applied to cell C2.

IF Function Example 1-2

The subsequent image shows how the IF formula is applied to the range of cells C2:C5.

IF Function Example 1-4

Drag the cells to view the output of all the planets.

IF Function Example 1-3

The output in the below worksheet shows life is possible on the planet Earth.

Flow Chart of Generic IF Excel Function

Flow Chart of IF Function

The IF Function Flow Chart for Mars (Example #1)

Flow Chart of IF Function 1

The flow of IF function flowchart for Jupiter and Venus is the same as the IF function flowchart for Mars (Example #1).

The IF Function Flow Chart for Earth

Flow Chart of IF Function 2

Hence, the IF excel function allows making logical comparisons between values. The modus operandi of the IF function is stated as: If something is true, then do something; otherwise, do something else.

Example #2

The following table shows a list of years. We want to find out if the given year is a leap year or not.

A leap year has 366 days; the extra day is the 29th of February. The criteria for a leap year are stated as follows:

  1. The year will be exactly divisible by 4 and not exactly be divisible by 100 or
  2. The year will be exactly divisible by 400.

IF Function Example 2

In this example, we will use the IF function along with the AND, OR, and MOD functions to find the leap years.

We use the MOD function to find a remainder after a dividend is divided by a divisor.

The AND functionThe AND function in Excel is classified as a logical function; it returns TRUE if the specified conditions are met, otherwise it returns FALSE.read more evaluates both the conditions of the leap years for the value “true”. The OR functionThe OR function in Excel is used to test various conditions, allowing you to compare two values or statements in Excel. If at least one of the arguments or conditions evaluates to TRUE, it will return TRUE. Similarly, if all of the arguments or conditions are FALSE, it will return FASLE.read more evaluates either of the condition for the value “true”.

We will apply the MOD function to the conditions as follows:

If MOD(year,4)=0 and MOD(year,100)<>(is not equal to) 0, then the year is a leap year.

or

If MOD(year,400)=0, then the year is a leap year; otherwise, the year is not a leap year.

The IF formula is stated as follows:

“=IF(OR(AND((MOD(year,4)=0),(MOD(year,100)<>0)),(MOD(year,400)=0)),“Leap Year”, “Not A Leap Year”)”

The argument “year” refers to a reference value.

The following images show the output of the IF formula applied in the range of cells.

IF Function Example 2-1

IF Function Example 2-2

The following image shows how the IF formula is applied to the range of cells B2:B18.

IF Function Example 2-4

The succeeding table shows the years 1960, 2028, and 2148 as leap years and the remaining as non-leap years.

IF Function Example 2-3

The result of the IF excel formula is displayed for the range of cells B2:B18 in the following image.

IF Function Example 2-5

Example #3

The succeeding table shows a list of drivers and the directions they undertook to reach the destination.  It is preceded by an image of the road intersection explaining the turns taken by the drivers and their destinations. The right turn leads to town B, and the left turn leads to town C. Identify the driver’s destination to town B and town C.

Road Intersection Image

IF Function (Destination Example)

IF Function Example 3-1

Let us apply the IF excel function to find the destination. Here, the condition is mentioned as follows:

  • If the driver turns right, he/she reaches town B.
  • If the driver turns left, he/she reaches town C.

We use the following IF formula to find the destination:

 “=IF(B2=“Left”, “Town C”, “Town B”)”

The succeeding image shows the output of the IF formula applied to cell C2.

IF Function Example 3-2

Drag the cells to use the formula in the range C2:C11. Finally, we get the destinations of each driver for their turning movements.

The below image displays the IF formula applied to the range.

IF Function Example 3-3

The output of the IF formula and the destinations are displayed in the succeeding image.

IF Function Example 3-4

The result shows that six drivers reached town C, and the remaining four have reached town B.

Example #4

The following table shows a list of items and their inventory levels. We want to check if the specific item is available in the inventory or not using the IF function.

Example 4

Let us list the name of items in column A and the number of items in column B. The list of data to be validated for the entire items list is shown in the cell E2 of the below image.

Example 4-1

We use the Excel IF along with the VLOOKUP functionThe VLOOKUP excel function searches for a particular value and returns a corresponding match based on a unique identifier. A unique identifier is uniquely associated with all the records of the database. For instance, employee ID, student roll number, customer contact number, seller email address, etc., are unique identifiers.
read more
to check the availability of the items in the inventory.

The VLOOKUP function looks up the values referring to the number of items, and the IF function will check whether the item number is greater than zero or not.

We will apply the following IF formula in the F2 cell:

“=IF(VLOOKUP(E2,A2:B11,2,0)=0, “Item Not Available”,“Item Available”)”

If the lookup value of an item is equal to 0, then the item is not available; else, the item is available.

The succeeding image shows the result of the IF formula in the cell F2.

Example 4-2

Select “bat” in the E2 item cell to know whether the item is available or not in the inventory (as shown in the following image).

Example 4-3

Example #5

The following table shows the list of students and their marks. The grade criteria are provided based on the marks obtained by the students.  We want to find the grade of each student in the list.

Example 4-4

We apply the  Nested IF in Excel since we have multiple criteria to find and decide each student’s grade.

The Nesting of IF function uses the IF function inside another IF formula when multiple conditions are to be fulfilled.

The syntax of Nesting of IF function is stated as follows:

“=IF( condition1, value_if_true1, IF( condition2, value_if_true2, value_if_false2 ))”

The succeeding table represents the range of scores and the grades, respectively.

Example 4-5

Let us apply the multiple IF conditions with AND function in the below-nested formula to find out the grade of the students:

“=IF((B2>=95),“A”,IF(AND(B2>=85,B2<=94),“B”,IF(AND(B2>=75,B2<=84),“C”,IF(AND(B2>=61,B2<=74),“D”,“F”))))”

The IF function checks the logical condition as shown in the formula below:

“=IF(logical_test, [value_if_true],[value_if_false])”

We will split the above-mentioned nested formula and check the IF statements as shown below:

First Logical Test: B2>=95

If the formula returns,

  • Value_if_true, execute: “A” (Grade A) else(comma) enter value_if_false
  • Value_if_false, then the formula finds another IF condition and enter IF condition

Second Logical Test: B2>=85(logical expression 1) and B2<=94(logical expression 2)

(We use AND function to check the multiple logical expressions as the two given conditions are to be evaluated for “true.”)

If the formula returns,

  • Value_if_true,  execute: “B” (Grade B) else(comma) enter value_if_false
  • Value_if_false, then the formula finds another IF condition and enter IF condition

Third Logical Test: B2>=75(logical expression 1) and B2<=84(logical expression 2)

(We use AND function to check the multiple logical expressions as the two given conditions are to be evaluated for “true.”)

If the formula returns,

  • Value_if_true,  execute: “C” (Grade C) else(comma) enter value_if_false
  • value_if_false, then the formula finds another IF condition and enter IF condition

Fourth Logical Test: B2>=61(logical expression 1) and B2<=74(logical expression 2)

(We use AND function to check the multiple logical expressions as the two given conditions are to be evaluated for “true.”)

If the formula returns,

  • Value_if_true, execute: “D” (Grade D) else(comma) enter value_if_false
  • Value_if_false, execute: “F” (Grade F)
  • Finally, close the parenthesis.

 The below image displays the output of the IF formula applied to the range.

Example 4-6

The succeeding image shows the IF nested formula applied to the range.

Example 4-7

The grades of the students are listed in the following table.

Example 4-8

Guidelines for the Multiple IF Statements

The guidelines for the multiple IF statements are listed as follows:

  • Use nested IF function to a limited extent as multiple IF statements require a great deal of thought to be accurate.
  • Multiple IF statementsIn Excel, multiple IF conditions are IF statements that are contained within another IF statement. They are used to test multiple conditions at the same time and return distinct values. Additional IF statements can be included in the ‘value if true’ and ‘value if false’ arguments of a standard IF formula.read more require multiple parentheses (), which is often difficult to manage. Excel provides a way to check the color of each opening and closing parenthesis to avoid this situation. The last closing parenthesis color will always be black, denoting the end of the formula statement.
  • Whenever we pass a string value for the arguments “value_if_true” and “value_if_false” or test a reference against a string value, enclose the string value in double quotes. Passing a string value without quotes will result in “#NAME?” error.

Frequently Asked Question

1. What is the IF function in Excel?

The Excel IF function is a logical function that checks the given criteria and returns one value for a “true” and another value for a “false” result.

The syntax of the IF function is stated as follows:
“=IF(logical_test, [value_if_true], [value_if_false])”

The arguments are as follows:
1. Logical_test – It refers to a value or condition that is tested.
2. Value_if_true – It is the value returned when the condition logical_test is “true.”
3. Value_if_false – It is the value returned when the condition logical_test is “false.”

The “logical_test” is a required argument, whereas the “value_if_true” and “value_if_false” are optional arguments.

2. How to use the IF Excel function with multiple conditions?

The IF Excel statement for multiple conditions is created by using multiple IF functions in a single formula.

The syntax of IF function with multiple conditions is stated as follows:

“=IF (condition 1_“true”, do something, IF (condition 2_“true”, do something, IF (condition 3_ “true”, do something, else do something)))”

3. How to use the function IFERROR in Excel?

IF Excel Function Video

Recommended Articles

This has been a guide to the IF function in Excel. Here we discuss how to use the IF function along with examples and downloadable templates. You may also look at these useful functions –

  • What is the Logical Test in Excel?A logical test in Excel results in an analytical output, either true or false. The equals to operator, “=,” is the most commonly used logical test.read more
  • “Not Equal to” in Excel“Not Equal to” argument in excel is inserted with the expression <>. The two brackets posing away from each other command excel of the “Not Equal to” argument, and the user then makes excel checks if two values are not equal to each other.read more
  • Data Validation ExcelThe data validation in excel helps control the kind of input entered by a user in the worksheet.read more

Tests a given condition and returns one value for a TRUE result, and another for a FALSE result

What is an Excel IF Statement?

The Excel IF Statement tests a given condition and returns one value for a TRUE result and another value for a FALSE result. For example, if sales total more than $5,000, then return a “Yes” for Bonus – Otherwise, return a “No” for Bonus. We can also use the IF function to evaluate a single function, or we can include several IF functions in one formula. Multiple IF statements in Excel are known as nested IF statements.

Excel IF Statement Definition

As a financial analyst, the IF function is used often to evaluate and analyze data by evaluating specific conditions.

The function can be used to evaluate text, values, and even errors. It is not limited to only checking if one thing is equal to another and returning a single result. We can also use mathematical operators and perform additional calculations, depending on our criteria. We can also nest multiple IF functions together to perform multiple comparisons.

IF Formula

=IF(logical_test, value_if_true, value_if_false)

The function uses the following arguments:

  1. Logical_test (required argument) – This is the condition to be tested and evaluated as either TRUE or FALSE.
  2. Value_if_true (optional argument) – The value that will be returned if the logical_test evaluates to TRUE.
  3. Value_if_false (optional argument) – The value that will be returned if the logical_test evaluates to FALSE.

When using the IF function to construct a test, we can use the following logical operators:

  • = (equal to)
  • > (greater than)
  • >= (greater than or equal to)
  • < (less than)
  • <= (less than or equal to)
  • <> (not equal to)

How to use the Excel IF Function

To understand the uses of the Excel IF statement function, let’s consider a few examples:

Example 1 – Simple Excel IF Statement

Suppose we wish to do a very simple test. We want to test if the value in cell C2 is greater than or equal to the value in cell D2. If the argument is true, then we want to return some text stating “Yes it is”, and if it’s not true, then we want to display “No it isn’t”.

You can see exactly how the Excel IF statement works in the simple example below.

Result when true:

Result when false:

Download the simple XLS template.

Example 2 – Excel IF Statement

Suppose we wish to test a cell and ensure that an action is taken if the cell is not blank. We are given the data below:

IF Function

In the worksheet above, we listed AGM-related tasks in Column A. Remarks contain the date of completion. In Column B, we will use a formula to check if the cells in Column C are empty or not. If a cell is blank, the formula will assign the status “open.” However, if a cell contains a date, then the formula will assign a status of “closed.” The formula used is:

IF Function - Example 2

We get the results below:

IF Function - Example 2a

Example 3 – Excel IF Statement

Sellers frequently provide a discount based on the quantity purchased. Suppose we are given the following data:

IF Function - Example 3

Using multiple IF functions, we can create a formula to check multiple conditions and perform different calculations depending on what amount range the specified quantity falls in. To calculate the total price for 100 items, the formula will be:

IF Function - Example 3a

We get the result below:

IF Function - Example 3b

Things to remember about the IF Function

  1. The Excel IF function will work if the logical_test returns a numeric value. In such a case, any non-zero value is treated as TRUE and zero is treated as FALSE.
  2. #VALUE! error – Occurs when the given logical_test argument cannot be evaluated as TRUE or FALSE.
  3. When any of the arguments are provided to the function as arrays, the IF function will evaluate every element of the array.
  4. If we wish to count conditions, we should use the COUNTIF and COUNTIFS functions.
  5. If we wish to add up conditions, we should use the SUMIF and SUMIFS functions.

Reasons to use an Excel IF Statement

There are many reasons why an analyst or anyone who uses Excel would want to build IF formulas.

Common examples include:

  • To test if an argument is true or false
  • To output a NUMBER
  • To output some TEXT
  • To generate a conditional formula (e.g., the result is C3+B4 if true and N9-E5 if false)
  • To create scenarios to be used in financial modeling
  • To calculate a debt schedule or a fixed asset depreciation schedule in accounting

Click here to download the sample Excel file

Additional resources

Thanks for reading CFI’s guide on how to use an Excel IF Statement. By taking the time to learn and master these functions, you’ll significantly speed up your financial analysis. To learn more, check out these additional CFI resources:

  • Free Excel Fundamentals Course
  • Advanced Excel Course
  • Advanced Excel Formulas Guide
  • Excel Shortcuts List
  • Financial Modeling Program
  • See all Excel resources

Like this post? Please share to your friends:
  • Write from sql to excel
  • Write one word in each gap could you me a favour
  • Write from right to left in word
  • Write one word in each gap could you look
  • Write from java to excel