It allows you to sum only certain figures from a set of numbers. A regular sum will sum all values in the range. Sometimes you will not want to sum all the values, just ones that meet certain conditions. For example you could have a list of numbers in the cells from A1 to A20 and only want to add ones that are over 50. Your function would be:
=Sumif(A1:A20,">50")
The first part is the range and the second part is the condition. It must be enclosed in quotation marks.
You can use the IF function to do calcutions based on conditions. You can also use SUMIF, COUNTIF and AVERAGEIF to do calculations too.
A short explanation of the question: Sometimes it is needed to use a formula as criteria instead of a given criteria. For example if you need to find the sum of numbers that are above or below the average in the range. For both COUNTIF and SUMIF formulas, the way to use another formula for criteria is the following (pretext: range of numbers is A1:A15): =countif(A1:A15;">"&average(A1:A15)) or =sumif(A1:A15;">"&average(A1:A15);A1:A15) And for the case that any number should be exactly the same as the average, use the "=" sign after the ">" or "<" sign.
Yes it can. There are various ways of doing it, which would depend on the specific situation. You can use functions like IF and SUMIF to do it.
Yes. You can use the SUMIF function. Suppose you wanted to add all the cells in the range from B2 to B15 that have values greater than 50: =SUMIF(B2:B15,">50")
You could use the COUNTIF function. If you have a column with the words yes and no in them, say in the cells from C2 to C25 and wanted to know how many contained yes and how many contained word, then you would use the following formulas:=COUNTIF(C2:C25,"Yes")=COUNTIF(C2:C25,"No")
The Countif function is used to count values that meet a certain criteria. Say you have a block of various numbers in the cells from A2 to C10 and you want to find out how many of them are over 20. You would use the following function, which you would put in a blank cell. =countif(A2:C10,">20")
To count only numbers that exceed a particular value use the COUNTIF function. In your example, where the numbers to be counted are in the range A1:G1 use the following formula: =COUNTIF(A1:G1,">5000")
A COUNTIF can only have one criteria. What you could do is use four COUNTIF functions in one formula and add them together. So say that you wanted to find the single total of four different names in a list, you could do it like this:=COUNTIF(A3:A200,"John")+COUNTIF(A3:A200,"Tim")+COUNTIF(A3:A200,"Bob")+COUNTIF(A3:A200,"Ronnie")If the criteria are combined, rather than searching for four different things, you could use IF with the AND and/or the OR function to first work out if something meets your 4 criteria and put the result in a new column. If it meets all 4 criteria you could put 1 in that cell otherwise 0. Then you could count the amount of times 1 appears on that column with a normal COUNTIF function, or even SUM up all the values and you would also get the total. If you have Excel 2007 or higher, there is a COUNTIFS function which can deal with multiple criteria.
depends on the role, but for a finance related role they will be looking for advanced excel skills such as being able to use v-lookup, pivot tables, sumif, graphs and macros. But make sure you know these functions before you start your job! good luck
There is a specialised category of Financial functions that an accountant could use, but they would use all sorts of different Excel functions besides the Financial functions. So regular ones like SUM and MAX and so on.
Functions are basically built-in formulas in Excel. They are used extensively in Excel, so it is very important to know how to use them.
No. In Excel you would use the COUNT function to do it, or possibly the COUNTA or COUNTIF, depending on exactly what you were trying to do.