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Build loan, investment, and discount formulas.
Use regression to track trends and make forecasts.Use complex criteria to filter data in lists.Analyze your data with standard tables and PivotTables.Use conditional formatting to instantly reveal anomalies, problems, or opportunities.Quickly create powerful spreadsheets with range names and array formulas.Along the way, you discover the fastest, best ways to handle essential day-to-day tasks ranging from generating account numbers to projecting the impact of inflation.īecoming an Excel expert has never been easier! You’ll find crystal-clear instructions insider insights even complete step-by-step projects for building timesheets, projecting cash flow, aging receivables, analyzing defects, and more. Using real-world examples, McFedries helps you get the absolute most out of features and improvements ranging from AutoFill to Excel’s newest functions.
Excel expert Paul McFedries shows how to use Excel 2016’s core features to solve problems and get the answers you need. Error message "You've entered too few arguments for this function" appears when you provide argument logical_test without the corresponding value.Master core Excel 2016 tools for building powerful, reliable spreadsheets with Excel 2016 Formulas and Functions. #VALUE! Error occurs when the logical_test argument processes into a value other than TRUE or FALSE.ģ. Error # N / A occurs when no TRUE condition is found in the IFS function.Ģ. Some errors occur when using the IFS functionġ. Now let's see what happens if IFS uses the function:Īs you can see, the IFS function is easier to use because you only have to use a single function to enter a variety of logical conditions, while the nested IF function must use multiple logical conditions and is easy to confuse while write function. Here is the formula when using the nested IF function: Therefore, customers will receive a 5% discount for bills from USD 100 to USD 500, a 10% discount for bills from USD 500 to USD 750, a 20% discount for the total amount of USD 750 to USD 1,000 and a 30% discount when customers buy over 1000 USD. Suppose a store makes a discount for customers based on their total purchase bill. Let's see how IFS function is more efficient than nested IF function. Here, we have added TRUE, "Misc", to ensure that Excel returns the "Misc" value in case no previous logical condition in the IFS function is evaluated as TRUE.īefore IFS functions, we often use nested IF functions. Therefore we can set the final logic condition in the formula to TRUE and then set a return value. To prevent the # N / A error from appearing, we can use the ELSE function. However, if there is no logical condition evaluated as TRUE, IFS function will issue a # N / A error. When a logical condition evaluates to TRUE, the corresponding value will be returned. In this example, we have set the logic condition in the IFS function. When using the IFS function, you will have the following formula: = IFS (A2 = "Apple", "Fruit", A2 = "Banana", "Fruit", A2 = "Spinach", "Green Vegetable", A2 = "coffee", "Beverage", A2 = "cabbage", "Green Vegetable", A2 = "capsicum", "Vegetable")Īfter that, we will get the following result: Suppose there is a list of items and need to classify them into groups of plates: Vegetable, Fruit, Green Vegetable and Beverage. To understand how to use this function, let's look at a few examples: Example 1 - Using IFS with ELSE Using this formula we will have the following result: Specifically in this function set if A2 is greater than 80, the result returned is point A, if A2 is greater than 70 the result is returned as B, and so on to point F. Suppose we want to classify points A, B, C, D, E, and F according to the student scores achieved, we use the IFS function as follows: = IFS (A2> 80, "A", A2> 70, "B", A2> 60, "C", A2> 50, "D", A2> 40, "E", A2> 30, "F" ) This is a built-in function that can be used as a function in an Excel worksheet. The function allows users to use logical_test 127 arguments. The rest of the logical_test and Value arguments are optional.
The IFS function in Excel is a logical function introduced in Excel 2016.