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Welcome to Excel Magic Trick number 1,405. Hey, if you want to download this Excel workbook so you can follow along, click on the link below the video. Hey, we got to see how to use sumif to calculate monthly revenue from daily sales and then monthly ad costs from monthly amounts. Now, heres our two tables. This one has the sales. Each transaction is for a particular day. So we need to add all of the sales and get a total over here for each one of the months. And then we need to do something similar, but from this table, which lists the ad costs for each particular product for the month. So in essence, theres going to be three monthly amounts that we need to add up over here. In both cases, we can use sumifs. Now, if were only given month end here, well, that will work as our condition or criteria for sumifs to add to costs. But what are we going to do for revenue? Well, were given the month end. All we need to do is somehow generate inside our formula the beginning of each month,
