IF. Was this page helpful? When we enter functions into Excel, we use a special character to tell the program that what we are entering is a function and not a normal block of text: the equals sign (=). The IS information functions in Excel 2016 (as in ISBLANK, ISERR, and so on) are a large group of functions that perform essentially the same task. In Excel 2016, Excel 2019, Excel Online and Excel Mobile, CONCATENATE is replaced with the CONCAT function, which has exactly the same syntax. The IF function checks whether a condition is met, and returns one value if true and another value if false. In Excel 2016, this function is replaced with FORECAST.LINEAR as part of the new … If TRUE, the IF function reduces the price by 50%, if FALSE, the IF function reduces the price by 10%. The Excel AND function is a logical function used to require more than one condition at the same time. 4 Date & Time: To enter a date, use the "/" or "-" characters. Generally, the best way to enter valid dates is to use cell references, as shown in the example. Financial:    Returns the cumulative interest paid between two periods, Financial:    Returns the cumulative principal paid on a loan between two periods, Date and time:    Returns the serial number of a particular date. This function is not available in Excel for the web. Excel for Mac uses the function keys for common commands, including Copy and Paste. 1 Count and Sum: Countif | Count Blank/Nonblank Cells | Count Characters | Not Equal To | Count Cells with Text | Sum | Running Total | Sumif | Sumproduct, 2 Logical: If | Comparison Operators | Or | Roll the Dice | Ifs | Contains Specific Text | Switch | If Cell is Blank | Absolute Value, 3 Cell References: Copy a Formula | 3D-reference | External References | Hyperlinks | Union and Intersect | Percent Change | Add a Column | Absolute Reference, 4 Date & Time: DateDif | Today's Date | Calculate Age | Time Difference | Weekdays | Days until Birthday | Last Day of the Month | Holidays | Add or Subtract Time | Quarter | Day of the Year, 5 Text: Separate Strings | Count Words | Text to Columns | Find | Search | Change Case | Remove Spaces | Compare Text | Substitute vs Replace | Text | Concatenate | Substring, 6 Lookup & Reference: Vlookup | Tax Rates | Index and Match | Two-way Lookup | Offset | Case-sensitive Lookup | Left Lookup | Locate Maximum Value | Indirect | Two-column Lookup | Closest Match | Compare Two Columns | Xlookup, 7 Financial: PMT | Loans with Different Durations | Investment or Annuity | Compound Interest | CAGR | Loan Amortization Schedule | NPV | IRR | Depreciation, 8 Statistical: Average | Negative Numbers to Zero | Random Numbers | Rank | Percentiles and Quartiles | Box and Whisker Plot | AverageIf | Forecast | MaxIfs and MinIfs | Weighted Average | Mode | Standard Deviation | Frequency, 9 Round: Chop off Decimals | Nearest Multiple | Even and Odd | Mod, 10 Formula Errors: IfError | IsError | Aggregate | Circular Reference | Formula Auditing | Floating Point Errors, 11 Array Formulas: Count Errors | Count Unique Values | Count with Or Criteria | Sum Every Nth Row | Sum Largest Numbers | Sum Range with Errors | Sum with Or Criteria | Most Frequently Occurring Word | System of Linear Equations, Functions • © 2010-2021 3 Cell References: Cell references in Excel are very important. AND Function in Excel. In this tutorial, we’ll explain, step-by-step, how to use the SUMIF function. Single cell array formulas perform multiple calculations in one cell. All the mathematical functions in excel are categorized under the “Math & Trigonometry” function in excel. Excel includes several built-in functions—RAND and NOW, for example—that don’t use arguments. 3 Cell References: Cell references in Excel are very important. A KPI is a quantifiable measurement, such as monthly gross profit or quarterly employee turnover, used to monitor an organization's performance. The Excel AND function is a logical function used to require more than one condition at the same time. The IF-THEN function in Excel is a powerful way to add decision making to your spreadsheets. Date and time:    Returns the serial number of a particular time, Date and time:    Converts a time in the form of text to a serial number, Statistical:    Returns the t-value of the Student's t-distribution as a function of the probability and the degrees of freedom, Statistical:    Returns the inverse of the Student's t-distribution, Compatibility:    Returns the inverse of the Student's t-distribution, Date and time:    Returns the serial number of today's date, Lookup and reference:    Returns the transpose of an array, Statistical:    Returns values along a linear trend, Statistical:    Returns the mean of the interior of a data set, Logical:    Returns the logical value TRUE, Math and trigonometry:    Truncates a number to an integer, Statistical:    Returns the probability associated with a Student's t-test, Compatibility:    Returns the probability associated with a Student's t-test, Information:    Returns a number indicating the data type of a value, Text:    Returns the Unicode character that is references by the given numeric value, Text:    Returns the number (code point) that corresponds to the first character of the text, Lookup and reference:    Returns a list of unique values in a list or range, Text:    Converts a text argument to a number, Text:    Returns text from any specified value, Compatibility:    Estimates variance based on a sample, Statistical:    Calculates variance based on the entire population, Statistical:    Estimates variance based on a sample, Statistical:    Estimates variance based on a sample, including numbers, text, and logical values, Compatibility:    Calculates variance based on the entire population, Statistical:    Calculates variance based on the entire population, including numbers, text, and logical values, Financial:    Returns the depreciation of an asset for a specified or partial period by using a declining balance method, Lookup and reference:    Looks in the first column of an array and moves across the row to return the value of a cell, Date and time:    Converts a serial number to a day of the week, Date and time:    Converts a serial number to a number representing where the week falls numerically with a year, Compatibility:    Calculates variance based on the entire population, including numbers, text, and logical values, Statistical:    Returns the Weibull distribution, Date and time:    Returns the serial number of the date before or after a specified number of workdays, Date and time:    Returns the serial number of the date before or after a specified number of workdays using parameters to indicate which and how many days are weekend days, Financial:    Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic. If you want to enter valid dates directly inside a function, the DATE function is the best approach. DATEVALUE function. Watch our Demo Courses and Videos . Cube:    Returns a key performance indicator (KPI) name, property, and measure, and displays the name and property in the cell. 8 Statistical: An overview of some very useful statistical functions in Excel. Tests a number of supplied conditions and returns a result corresponding to the first condition that evaluates to TRUE. You can, however, create a function with no arguments. Free Excel Course. They evaluate a value or cell reference and return the logical TRUE or FALSE, depending on whether the value is or isn’t the type for which the IS function tests. COUNTA function will count all the non-empty cells, but COUNT function in excel counts only numerical cell values. VLOOKUP is another lookup function you can use in Excel, but unlike MATCH which requires INDEX for advanced lookups, VLOOKUP formulas only need that one function. Get the Latest Tech News Delivered … Date and time:    Converts a date in the form of text to a serial number, Database:    Returns the average of selected database entries, Date and time:    Converts a serial number to a day of the month, Date and time:    Returns the number of days between two dates, Date and time:    Calculates the number of days between two dates based on a 360-day year, Financial:    Returns the depreciation of an asset for a specified period by using the fixed-declining balance method, Text:    Changes half-width (single-byte) English letters or katakana within a character string to full-width (double-byte) characters, Database:    Counts the cells that contain numbers in a database, Database:    Counts nonblank cells in a database, Financial:    Returns the depreciation of an asset for a specified period by using the double-declining balance method or some other method that you specify, Engineering:    Converts a decimal number to binary, Engineering:    Converts a decimal number to hexadecimal, Engineering:    Converts a decimal number to octal, Math and trigonometry:    Converts a text representation of a number in a given base into a decimal number, Math and trigonometry:    Converts radians to degrees, Engineering:    Tests whether two values are equal, Statistical:    Returns the sum of squares of deviations, Database:    Extracts from a database a single record that matches the specified criteria, Financial:    Returns the discount rate for a security, Database:    Returns the maximum value from selected database entries, Database:    Returns the minimum value from selected database entries, Text:    Converts a number to text, using the $ (dollar) currency format, Financial:    Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number, Financial:    Converts a dollar price, expressed as a decimal number, into a dollar price, expressed as a fraction, Database:    Multiplies the values in a particular field of records that match the criteria in a database, Database:    Estimates the standard deviation based on a sample of selected database entries, Database:    Calculates the standard deviation based on the entire population of selected database entries, Database:    Adds the numbers in the field column of records in the database that match the criteria, Financial:    Returns the annual duration of a security with periodic interest payments, Database:    Estimates variance based on a sample from selected database entries, Database:    Calculates variance based on the entire population of selected database entries, Date and time:    Returns the serial number of the date that is the indicated number of months before or after the start date, Financial:    Returns the effective annual interest rate, Date and time:    Returns the serial number of the last day of the month before or after a specified number of months, Engineering:    Returns the error function, Engineering:    Returns the complementary error function, Engineering:    Returns the complementary ERF function integrated between x and infinity, Information:    Returns a number corresponding to an error type. 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