Excel Advanced Part 2 Functions | Microsoft Formulas Syntax || How to Use Formulas In Excel? | Microsoft Excel 2024 Ticks and Tips

 Microsoft Excel Advanced

Excel Function Syntax

(Required arguments shown in bold)

What it does

Logical

=IF(logical_test,True,False)

 

Tests if a logical test is met and returns one true and one false result.

=AND(condition1,condition2,...)

Returns TRUE or FALSE if both or all conditions are met.

=OR(condition1,condition2,...)

Returns TRUE or FALSE if either conditions met.

=NOT(condition)

Returns TRUE if a condition is not met.

=IFERROR(value, value_if_error)

 

Displays a message if an error occurs.

Lookup & Reference

=VLOOKUP(ItemToFind,RangeToLook,Column,

SortedOrUnsorted)

Looks for an item in the leftmost column of a table range and returns a value from a specified column number.

=CHOOSE(Index_Value, item1, item2, item3)

 

Chooses a value or action from a list of items based on an index number.

=MATCH(lookup_value, lookup_array, match_type)

 

Returns the relative position of an item in range.

=INDEX(range, row_num, column_num)

 

Returns a value in a range based on a row and column position within the range.

Statistical

=COUNTIFS(criteria_range1, criteria 1, criteria_range2, criteria2)

 

Counts the number of items that meet both or all the criteria in the criteria ranges.

=SUMIFS(Sum range, criteria_range1, criteria 1, criteria_range2, criteria2)

 

Sums a range of values that meet all of the criteria in the criteria ranges.

=RANK(NumberToRank,RangeOfNumbers,

RankOrder)

 

Returns the rank position of a value in a list of numbers (highest rank for ties).

=RANK.AVG(number,ref,order)

 

Returns the rank position of a value in a list of numbers (average rank for ties).

=MEDIAN(Range1,Range2,Range3…)

 

Returns the middle rank value in a range.

=MODE(Range1,Range2,Range3... )

 

Returns the most common value in a range.

=ROUND(NumberToRound,DecimalPlaces)

 

Rounds a value to a specified number of decimal places.

=ROUNDUP(NumberToRound,DecimalPlaces)

 

Rounds up a value to specified number of decimal places.

=ROUNDDOWN(Cell,DecimalPlaces)

 

Rounds down a value to specified number of decimal places.

=CEILING(Cell,Decimal Places)

Rounds a number to a specified significance.

=MOD(Cell,Devisor)

Returns the remainder when a number is divided by a devisor.

=ROW()

Returns the row number of a reference.

=COLUMN()

Returns the column number of a reference.

Date and Time

=TODAY()

 

Returns the current date

=NETWORKDAYS(StartDate,EndDate,Holidays)

 

Calculates the number of working days between two dates not including holidays.

=DATEDIF(FirstDate,SecondDate, Interval)

 

Subtracts the days between 2 dates in days, months or years.

=WORKDAY(StartDate,Days,Holidays)

 

Returns the date after a specified number of working days.

Date(year,month,day)

Returns the date a year, month and date value.

Day(date)

Returns the Day number of a a date.

Month(date)

Returns the Month number of a date.

Text

=CONCATENATE(text1,text2,text3…)

Joins together text values.

=LEFT(text, num_chars)

 

Returns a number of characters to the right of a cell.

=RIGHT(text,num_chars)

 

Returns a number of characters to the right of a cell.

=SEARCH(find_text,within_text,start_num)

 

Searches for the character position of a text character within text.

=FIND(find_text, within_text, start_num)

 

Searches for the character position of a text character within text (case sensitive).

=LEN(text)

 

Returns the number of characters in a cell.

=MID(text, start_num, num_chars)

 

Returns text within cell starting from a given position and number.

Financial

=PMT(rate, nper, pv, fv, type)

 

Calculates the payment on a loan based on constant payment and constant interest rates.

=FV(rate,nper,pmt,pv,type)

 

Calculates the future value of a regular number  of  payments.

=IRR(initial investment,cash flow1,cashflow2,guess)

Calculates the percentage rate of return on a series of payments of varying amount.

Information

=ISNA(cell)

Checks whether a value is #NA and returns either TRUE or FALSE.

=ISBLANK(cell)

Returns TRUE if a cell is empty.

=ISTEXT(cell)

Returns TRUE if a cell is a text.

=ISNUMBER(cell)

Reyurns TRUE if a cell is a number.

=CELL(“filename”)

Returns the filename and path of the current file. Displays blank if a file is not yet saved. Press F9 to update after saving.

Array Functions

Press Ctrl+Shift+Enter after typing

{=TRANSPOSE(array)}

Converts a vertical range to horizontal or visa vice versa.

{=SUM(range1*range2)}

Returns the product of ranges or arrays.

=SUMPRODUCT(range1,range2)

Alternative way to return the product of ranges or arrays.

No need to press CSE

{=FREQUENCY(data_range,bin_array)}

Calculates how often a value occurs in each element of the bin_array.

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