IF AND CALCULATIONS EXCEL
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You can combine the 'if' function with 'and' to create an excellent method to perform calculations based on multiple criteria.
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IF AND CALCULATIONS EXCEL
- 1. COMBINING ‘IF’ WITH ‘AND FOR CALCULATIONS IN EXCEL BY familycomputerclub.com http://www.familycomputerclub.com
- 2. The ‘if’ function combined with ‘and’ checks whether all conditions specified are true. If that is the case it assigns a certain value to the calculation. If all or any one criteria is not true, it assigns a different value to the calculation. In our case we have calculated the House Rent Allowance or HRA based on 3 criteria of designation, location and salary. http://www.familycomputerclub.com
- 3. Now if we change the designation from ‘Manager to ‘GM’ the calculation is different i. e. the GM gets an HRA of 50% of salary http://www.familycomputerclub.com
- 5. In the combination of ‘IF’ with ‘AND’ all conditions specified must be TRUE for the HRA to be 70% of salary. If even one of the conditions of designation, location or salary is not true, the HRA is 50% of salary. http://www.familycomputerclub.com
- 6. Thanks for watching! For more details log on to www.familycomputerclub.com http://www.familycomputerclub.com