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Learn how to use Excel's IF Function in your reports. Ideal for Microsoft Excel users who want to delve into conditional formulas, understand when to use nested IFs, and combine IF with AND/OR functions for more complex scenarios.
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In This Video, You'll Learn:
▪️ Excel IF Basics: Start with the fundamentals of the IF function, including its structure and simple applications.
▪️ Nested IFs: Understand when and how to use nested IFs, especially when dealing with multiple conditions.
▪️ Combining IF with AND/OR: Learn to enhance the IF function by incorporating AND and OR for broader logical tests.
▪️ Practical Examples: Follow along with real-world examples, including setting thresholds, flagging data points, and using symbols in IF statements.
00:00 When to use the Excel IF function
00:35 When to use a Nested IF formula
00:55 Excel IF THEN formula
03:18 Excel IF formula with AND condition
05:05 Nested Excel IF formula
07:52 Excel IF formula with OR condition
09:17 Excel IF formula with threshold
11:22 Excel IF formula with symbols for result
14:29 Wrap-Up of different uses of Excel IF function
Your IF formula isn't working? One of the main mistakes is the "else" argument. That's the last argument inside the IF function. Make sure you haven't forgotten to specify what should happen "if" the condition isn't met. In case you have more than one condition, here's the place to add the second "if" statement. An IF formula inside another IF formula is called a nested if function.
Links to related videos:
Conditional formatting symbols: https://youtu.be/875eK_x4nyQ
Custom formatting symbols: https://youtu.be/tGY70sdpaLc
If Function with Partial text match: https://youtu.be/b9WoDkPOTPs
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