I am trying to create spreadsheet to use in a small retail shop.
I have a workbook which contains expenses figures on a sheet and income figure on another sheet.
We can say that the common ground between the both sheets are the month.
I would like to write a function, which will only select those expenses of a specified month.
Something like -
=SUM(IF( Table4[Month]="January", Table4[Amount])) // I want the sum of all expenses of a given table for only // those months which are january etc.
I tried using the above, but it failed.
If you want, you can apply the criteria to one range and sum the corresponding values in a different range. For example, the formula =SUMIF(B2:B5, "John", C2:C5) sums only the values in the range C2:C5, where the corresponding cells in the range B2:B5 equal "John."
(1) Select the column name that you will sum based on, and then click the Primary Key button; (2) Select the column name that you will sum, and then click the Calculate > Sum. (3) Click the Ok button.
If you need to sum numbers based on multiple criteria, you can use the SUMIFS function. The first range (D4:D11) are the cells to sum, called the "sum range". Criteria are supplied in pairs... (range / criteria).
The first step is to specify the location of the numbers: =SUMIFS(D2:D11, In other words, you want the formula to sum numbers in that column if they meet the conditions. That cell range is the first argument in this formula—the first piece of data that the function requires as input.
Actually a more refined solution is use the build-in function sumif, this function does exactly what you need, will only sum those expenses of a specified month.
example
=SUMIF(A2:A100,"=January",B2:B100)
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