![]() ![]() We have to fix range and sum_range parameters, as they are not changing when the formula is copied down the cells. For the second SUMIF, the parameter range is $E$4:$E$8 and the criteria is in the cell H4. In our example, we want to subtract values in column F from values in column C, based on the products. Create a Basic Inventory Formula by the SUMIF Function In the third table, we want to get the current inventory quantity by subtracting quantities from the first two tables. The first table represents the quantity which came to the inventory, while the second represents the quantity which left the inventory. We have 3 tables with two columns: “Product” and “Quantity”. Data that we will use in the basic inventory formula example Setting up Our Data for the SUMIF Functionįigure 2. If we omit it, the function will sum amounts from a range parameter. criteria – criteria which we want to apply to a range.range – a range where we want to apply our criteria.The parameters of the SUMIF function are: The generic formula for the SUMIF function is: The result of the SUMIF function Syntax of the SUMIF Formula ![]() This step by step tutorial will assist all levels of Excel users in creating a basic inventory formula example.įigure 1. Excel allows a user to create a basic inventory formula example, by using the SUMIF function. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |