by ·5 Comments

7 Ways to conditionally calculate sum of values in Excel.


Conditional SUM functions in Excel

         Excel offers different ways to accomplish the same task. This is especially evident in the case of using Excel functions, where we can simply choose the one that offers the best solution, or more realistically, the one that we are more comfortable using. As an example, let’s solve the following scenario: We are offering online Excel courses both: on our internal website, as well as on Udemy’s platform. Udemy charges us 50% fee on all course sales, and also offers promotional rates to increase our volume. As a result, we are selling the same content at different prices. Looking at Thanksgiving week sales performance, let’s calculate our total Net Sales for all of Udemy transactions (highlighted). Let’s use different Excel functions to perform calculation required.

Continue reading

by ·0 Comments

Using SUBTOTAL Excel function

SUBTOTAL Excel Function

         Let’s talk about benefits of using SUBTOTAL Excel function. This function offers too many features to be overlooked. On the surface, it appears that this function does nothing more than its name suggests: calculates a subtotal of your references: constants, individual cells, or ranges of cells. The reality is that this versatile function calculates 11 different subtotals, (think 11 functions in one): AVERAGE, COUNT, COUNTA, MAX, MIN, PRODUCT, STDEV, STDEVP, SUM, VAR, VARP. This function works similarly to your typical SUM or AVERAGE, where you need to reference your data range to be used in the calculation, however, you also need to specify function type. As you are typing the name of this function in your formula bar, Excel will automatically display the list of possible function types, or you can look up function types from the table below. The function’s syntax is very simple: = SUBTOTAL(FUNCTION_TYPE, RANGE)

Continue reading