Here are the 17 most useful accounting functions in Microsoft Excel to make financial data monitoring and reporting easier and faster.

SUMIF and SUMIFS function is used to add data or seperate data in a table or column. We dicuss the difference and how to use them.

Learn how to use Excel FILTER, XLOOKUP, and SUMIFS functions to streamline workflows and make smarter data-driven decisions.

Next, use the SUMIFS function to create four formulas returning the desired results based on the dropdown selections. For example, in cell Q7, pictured below, I entered the following formula: ...

TL;DR Key Takeaways : Excel’s database functions offer a more flexible and efficient alternative to traditional methods like SUMIFS, especially for handling multiple criteria.

These functions calculate a result, which is an aggregate of the range. For example, SUM (A1…A25) calculates the total of the cells 1 through 25 in the A column of the spreadsheet.

The SUMIF function provides a quick and simple way to create a sum based on a specific criterion, such as the type of audit.