QUESTION: I am trying to create a formula that recognizes the contents of a column
such as credit card, cash,check etc....
Total Cash: calculates the sum of every line marked cash
Total Credit: calculates the sum of every line marked credit
It sounds like you need the SUMIF function. SUMIF works like this:
=SUMIF(range, criteria, sum range)
For example, lets say column A has the words "Credit" and "Cash". Column B has the values you want to sum. You would use a formula like this:
For Cash you would just change the word inside the quotes to cash instead of credit.
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QUESTION: I am new to Excel. Thank you for your assistance with my last question! I will be sure to donate. I have one additional question
I am trying find the most prominent transaction method
Column E: Credit Card, CASH, Check
The average is Credit Card
I am going to assume, by "most prominent", you mean the most common (each row treated as one equal value). Alternatively, you could mean the one with the largest total payments (obtain a total of each payment type and then show the one with the largest total).
These type of "summary in one cell" type of formulas can be very complex. If you had the following in column A, rows 1 through 15...
The most prominent is "Check". In order to obtain this information you would use the following function:
This is an array function. In order to enter an array function, you must do so by confirming with CTRL-SHIFT-ENTER instead of simply ENTER.
A properly entered array function will look like this (with braces surrounding it... but you don't actually type the braces):
If you don't enter as an array function, it will probably still work... but it might not work in all situations.
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QUESTION: I am trying to create a formula if
Column D = "Crest" then Column B -the invoice amount entered should subtract $40.00 from the amount entered
then if Column D = "Credda" the invoice amount entered should subtract $40 and then multiply by 1%
Thanks for your help
This would be done with an IF function. For example, the following IF function populates another column with the requirements you specified:
Assuming the above formula is placed in E2, then you would simply copy the formula down through column E.