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In this YouTube video tutorial, Amanda Russell, the business finance coach, introduces a spreadsheet tool called "Catch Up Bank Statements" for those who have fallen behind on their accounting records. This tool helps easily get category totals caught up, including total income earned and total expenses. Amanda emphasizes the importance of getting caught up quickly and easily so that focus can be on knowing and managing money effectively. The goal is to stay informed and use the information to stay in control of finances.

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The SUMIFS Function in Excel allows us to enter up to 127 range/criteria pairs for this formula. Remember: SUMIFS will return a numeric value. Rows and columns should be the same in the criteriarange argument and the sumrange argument.
SUMIFS function with multiple criteria based on AND logic It is important to know that all of the criteria must be met on single or multiple ranges to sum up numbers from sumrange. The syntax of SUMIFS is; SUMIFS(sumrange, criteriarange1, criteria1, criteriarange2, criteria2,)
The SUMIFS Function in Excel allows us to enter up to 127 range/criteria pairs for this formula.
SUMIF can evaluate just one condition at a time while SUMIFS can check for multiple criteria. Syntax. With SUMIF, the sumrange is the last and optional argument - if not defined, the values in the range argument are summed.
The SUMIFS Function in Excel allows us to enter up to 127 range/criteria pairs for this formula.
The SUMIF function in Excel is used to sum values based on a single condition or criteria. However, if we want to sum values based on multiple criteria where at least one of the conditions are met, we use the SUMIF with OR logic.
The only difference between Excel SUMIFS SUMIF functions is that SUMIFs can check for multiple criteria at once, while SUMIF can check for one criterion at a time. The SUMIF formula returns the sum of cells based on one criterion (a result that matches one condition).
You can use up to 127 range/criteria pairs in SUMIFS formulas.
SUMIFS function with multiple criteria based on OR logic As SUMIFS function by default entertains multiple criteria based on AND logic, but to sum numbers based on multiple criteria using OR logic, you need to SUMIFS function within an array constant.
The SUMIF function in Excel is designed for only one criterion or condition. When we need to sum values based on multiple criteria, we can add two or more SUMIF functions, or we use a combination of SUM and SUMIF functions.

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