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excel_nested_ifs_and_IFS

The document outlines copyright information regarding content created by Mynda Treacy, allowing individual users to recreate examples for personal practice only. It includes instructions on using Excel formulas to track the status of loan items based on their loan dates, detailing various formulas like IF, Nested IF, IFS, VLOOKUP, and XLOOKUP. Additionally, it provides links to resources, tutorials, and courses related to Excel functions and applications.

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V.Thiyagarajan
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0% found this document useful (0 votes)
7 views

excel_nested_ifs_and_IFS

The document outlines copyright information regarding content created by Mynda Treacy, allowing individual users to recreate examples for personal practice only. It includes instructions on using Excel formulas to track the status of loan items based on their loan dates, detailing various formulas like IF, Nested IF, IFS, VLOOKUP, and XLOOKUP. Additionally, it provides links to resources, tutorials, and courses related to Excel functions and applications.

Uploaded by

V.Thiyagarajan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Copyright Notice

The content in this file was created by Mynda Treacy from My Online Training Hub.
Individual users are permitted to recreate the examples for personal practice only.
Recreating the examples for training or demonstration to others is not permitted, unless writt

The workbook and any sheets within must be accompanied by the following copyright notice:

This sheet must remain in any file that uses this data and or these techniques.
Any uses of this workbook and/or data must include the above attribution.
mitted, unless written consent is granted by Mynda Treacy.

g copyright notice: My Online Training Hub ©.


IF Formulas read tutorial watch tutorial

Loan items >= 90 days old are due to be returned.

Item Loan Date Status IF Formula


DA485 1/1/2021 Due =IF(TODAY()-Table1[[#This Row],[Loan Date]]>=90
BP717 2/28/2021 Due
AR329 3/19/2021 Due
SE951 4/25/2021 Due
DA523 6/1/2021 Due
ch tutorial

his Row],[Loan Date]]>=90,"Due","")


Nested IF Formulas read tutorial watch tutorial

Loan items > 90 days old are overdue, items = 90 days old are due and items < 90 days old a

Item Loan Date Status Nested IF Formula


DA485 1/1/2021 Overdue =IF(TODAY()-Table2[[#This Row],[Loan Date]]>90,
BP717 2/28/2021 Overdue
AR329 3/19/2021 Overdue
SE951 4/25/2021 Overdue
DA523 6/1/2021 Overdue
ch tutorial

and items < 90 days old are not due.

his Row],[Loan Date]]>90,"Overdue",IF(TODAY()-Table2[[#This Row],[Loan Date]]=90,"Due","Not Due"))


,"Due","Not Due"))
IFS Function read tutorial watch tutorial

Available in Excel 2019 onward or with a Microsoft 365 license.

Loan items > 90 days old are overdue, items = 90 days old are due and items < 90 days old a

Item Loan Date Status IFS Formula


DA485 1/1/2021 Overdue {=IFS(TODAY()-Table3[[#This Row],[Loan Date]
BP717 2/28/2021 Overdue
AR329 3/19/2021 Overdue
SE951 4/25/2021 Overdue
DA523 6/1/2021 Overdue
watch tutorial

items < 90 days old are not due.

This Row],[Loan Date]]>90,"Overdue",TODAY()-Table3[[#This Row],[Loan Date]]=90,"Due",TRUE(),"Not Due


e",TRUE(),"Not Due")}
Alternative to too many nested IFs
read tutorial

The most common mistake is nesting too many times. More than 3 nests probably calls for a VL

VLOOKUP

Item Loan Date Days Old Status Formula


DA485 1/1/2021 1510 Overdue =VLOOKUP(TODAY()-Table6[[#This
BP717 2/28/2021 1452 Overdue
AR329 3/19/2021 1433 Overdue
SE951 4/25/2021 1396 Overdue
DA523 6/1/2021 1359 Overdue

XLOOKUP

Item Loan Date Days Old Status Formula


DA485 1/1/2021 1510 #NAME? =_xlfn.xlookup(TODAY()-Table4[[#T
BP717 2/28/2021 1452 #NAME?
AR329 3/19/2021 1433 #NAME?
SE951 4/25/2021 1396 #NAME?
DA523 6/1/2021 1359 #NAME?
ead tutorial watch tutorial

nests probably calls for a VLOOKUP or XLOOKUP solution.

From To Status
KUP(TODAY()-Table6[[#This Row],[Loan Date]],Table7[],3,TRUE()) 0 45 New Loan
46 89 Impending
90 90 Due
91 9999 Overdue

From To Status
lookup(TODAY()-Table4[[#This Row],[Loan Date]],Table5[From],T 0 45 New Loan
46 89 Impending
90 90 Due
91 9999 Overdue
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