Let's look at how to properly create a complex nested IF statement using multiple IFs, and when to recognize that it's time to use another tool in your Excel arsenal.

If you selected IF, the Function arguments dialog box displays the arguments for the IF function. To nest another function, you can enter it into the argument box.

How to use the IF function (combined with the AND, OR, and NOT functions) in Excel to make logical comparisons between given values.

You can also nest multiple IF functions together in order to perform multiple comparisons. =IF (C2>B2,”Over Budget”,”Within Budget”) In the above example, the IF function in D2 is saying …

When one function (we'll call this Function B) is used as an argument in another function (we'll call this Function A), Function B acts as a second-level function. For example, the AVERAGE …

The IFS function checks whether one or more conditions are met, and returns a value that corresponds to the first TRUE condition. IFS can take the place of multiple nested IF …

Use AND and OR together or with the IF function. For example, calculate who earns a commission or find data that meets multiple conditions.

With the Evaluate Formula dialog box, you can see how a nested formula calculates its result by inspecting its intermediate calculations and logical tests.

Example 5 uses a nested XLOOKUP function to perform both a vertical and horizontal match. It first looks for Gross Profit in column B, then looks for Qtr1 in the top row of the table (range …

Testing whether conditions are true or false and making logical comparisons between expressions are common to many tasks. You can use the AND, OR, NOT, and IF functions to create …