=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 ...

Five hidden Excel rules show helper columns, LET, and LAMBDA in action, cutting errors and making updates quick for any ...

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 ...

Microsoft Excel gives users the flexibility to configure data and perform very basic operations, such as addition, subtraction, multiplication, or division by using shortcuts or custom formulas. This ...

Numbers by themselves seldom convey the big picture. Excel Charts makes it easy to illustrate trends in your business, from past expenses and profit to sales forecasts based on previous sales. T*o* ...

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); ...

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 ...

If Excel is not highlighting cells in the formula, read this post to know how to fix the issue. The default behavior of Excel is to highlight the cells that are part of a formula when a user ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Suzanne is a content marketer, writer, and fact-checker. She ...