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Wednesday, May 12, 2010

IF Function (Functions in Excel)



Name
Sales
Target
Result
Alan
1000
5000
Not Achieved
 =IF(C4>=D4,"Achieved","Not Achieved")
Bob
6000
5000
Achieved
 =IF(C5>=D5,"Achieved","Not Achieved")
Carol
2000
4000
Not Achieved
 =IF(C6>=D6,"Achieved","Not Achieved")

What Does It Do?
This function tests a condition.
If the condition is met it is considered to be TRUE.
If the condition is not met it is considered as FALSE.
Depending upon the result, one of two actions will be carried out.
Syntax
 =IF(Condition,ActionIfTrue,ActionIfFalse)
The Condition is usually a test of two cells, such as A1=A2.
The ActionIfTrue and ActionIfFalse can be numbers, text or calculations.
Formatting
No special formatting is required.
Example 1
The following table shows the Sales figures and Targets for sales reps.
Each has their own target which they must reach.
The =IF() function is used to compare the Sales with the Target.
If the Sales are greater than or equal to the Target the result of Achieved is shown.
If the Sales do not reach the target the result of Not Achieved is shown.
Note that the text used in the =IF() function needs to be placed in double quotes "Achieved".

Name
Sales
Target
Result
Alan
1000
5000
Not Achieved
 =IF(C31>=D31,"Achieved","Not Achieved")
Bob
6000
5000
Achieved
 =IF(C32>=D32,"Achieved","Not Achieved")
Carol
2000
4000
Not Achieved
 =IF(C33>=D33,"Achieved","Not Achieved")

Example 2
The following table is similar to that in Example 1.
This time the Commission to be paid to the sales rep is calculated.
If the Sales are greater than or equal to the Target, the Commission is 10% of Sales.
If the Sales do not reach Target, the Commission is only 5% of Sales.

Name
Sales
Target
Commission
Alan
1000
5000
50
 =IF(C43>=D43,C43*10%,C43*5%)
Bob
6000
5000
600
 =IF(C44>=D44,C44*10%,C44*5%)
Carol
2000
4000
100
 =IF(C45>=D45,C45*10%,C45*5%)

Example 3
This example uses the =AND() within the =IF() function.
A builders merchant gives 10% discount on certain product lines.
The discount is only given on products which are on Special Offer, when the Order Value
is £1000 or above.
The =AND() function is used with the =IF() to check that the product is on offer and that
the value of the order is above £1000.


Special
Order
Product
Offer
Value
Discount
Total
Wood
Yes
 £   2,000
 £          200
 £         1,800
Glass
No
 £   2,000
 £            -  
 £         2,000
Cement
Yes
 £     500
 £            -  
 £            500
Turf
Yes
 £   3,000
 £          300
 £         2,700
 =IF(AND(C61="Yes",D61>=1000),D61*10%,0)


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