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In this Excel tutorial, we learn how to use the SUMIF function to calculate monthly revenue from daily sales and monthly ad costs. Two tables are provided, one for sales and one for ad costs, with transactions and costs listed by day and month. By using the SUMIFS function, we can calculate the total sales and total ad costs for each month. The month end serves as a condition or criteria for the SUMIFS function to add up costs, while for revenue calculation, we need to generate the beginning of each month within our formula.
