Excels list of functions is one of the most dynamic elements in data analysis.

Heres what it’s crucial that you know about using the SUMIFS function in Excel.

It sums the values in a cell based on specific criteria.

Person looking at graphs on a laptop

it’s possible for you to create conditions related to dates, numbers, and text.

Additionally, feel free to use logical operators to manipulate your conditions and make them more expansive.

When working with any of these functions, you must ensure you pass the right syntax within the formulas.

Excel sheet showing use the text criteria with SUMIFS function in Excel

you might pass multiple conditions within the SUMIFS formula and take the SUMIF function up a notch.

Data Preparation

Suppose you have a dataset containing information on products sold in an office factory.

All formulas will be based on the data references included in this sample data.

Excel sheet showing use of numeric criteria with SUMIFS function

Define the column range that has the Binders value (column A).

The subsequent part of the formula needs the criteria, Binders.

Excel calculates the values based on the specified conditions and gives the result154.024.

Excel sheet with data showing use of date criteria

Now, the next step is to work with numerical conditions.

In the final part, you must define the final criterion, which captures values below 1000.

The final result is13083.888.

Excel sheet with data showing use of wildcard searches

Working With Date Conditions

you might use the SUMIFS function to sum values basis date conditions.

The first part of the formula refers to the Total Sales column.

In the next segment, you gotta define the date ranges.

it’s crucial that you use logical operators to manipulate dates within the SUMIFS formula.

Since the reference includes the dates between 01-01-2015 and 01-01-2016, the result is16495.28.

Using Wildcard Searches

Finally, there is one last method to use with the SUMIFS function.

Excel’s SUMIFS function filters through each specified column and looks for the specified letters.

Any matching values are summed up, and the result is displayed.

(question mark)symbol within your formula.

Here’s how you might write the formula:

The result is1223.928.

There are plenty of ways you might use this multi-faceted function in your regular reporting and analysis.