(evaluate if sales are greater than 1000 and give different values for each outcome). The first parameter contains the condition to be matched. The function is commonly used to evaluate whether a condition is true or false. The excel If function is used when evaluating a condition with two outcomes. If the logical test evaluates to TRUE, then the result of the IF function will return whatever you put in the 2nd argument (Value If True). The parameters of this function are logical_test, value_if_true, value_if_false. Related Functions. The If() function is used to perform logical tests and to evaluate conditions that will show two outcomes. 101 1 1 silver badge 3 3 bronze badges I'm trying to get this to work, and it does with the exception of values that increase. Suppose, you want to mark only the dates that occur in more than 30 days from now. The logical test; The result if the test is TRUE; The result if the test is FALSE =IF(test, test is TRUE, test is FALSE) Example: Check the invoices. In this case, you can express the logical_test argument as A2-TODAY()>30. In a perfect world, I could use IF(AND(Logical1,Logical2),"True","False"). value_if_true (required) The value that you want returned if the result of logical_test is TRUE. 3) Using VLOOKUP function as the logical test of IF function (good for inventory management) This is a good example if you manage inventory using Excel. It shows Down whether the value in B2 is greater or less than C2. This excel if statement is used to analyze a condition that will show two outcomes. If we observe the syntax, it is logic1, logic2 and so on like AND logic, but all the logic should satisfy any logic here. In the following worksheet (top left corner), you’re seeing I have a table. I am trying to build a conditoinal statement using 3 separate fields of data, but I'm not sure how to achieve this. Naturally, the Excel IF function can understand more complex logical tests, as demonstrated in the next example. We want to check if the money received by your company is the same as the value of the invoices. I have 6 rows of numbers to analyze and 3 columns (3 columns of numbers in total). ... logical_test (required) The condition you want to test. In this function i want to see if 3 conditions exist 1) I want to see if the number in column A is less than 1 2) I want to see if the numbers follow this sequence, B5B2 Technical Details. Advanced IF formulas for future and past dates. It returns one outcome if the logical; test is TRUE and another outcome if the condition is FALSE. #3 – OR Function. Example 3. Below picture for OR syntax. Type =IF( Excel will display the logical hint just below the cell F2. To test certain conditions, people use If statement. e.g. For the 1st argument, Logical Test, we can use the same formula we used above to compare two values. The Value If True argument can contain just about anything: A number Basically, excel logical test is used to evaluate the condition whether it is true or false. If both the conditions are false, then the results will be false. All 3 functions can be used on their own, but it’s much more common to see them paired with IF functions. You can use multiple If and AND conditions combined in this logical test. I could then enter each conditional statement for each logical component, but I can only use 2 arguments. OR logical test in excel will give results if anyone logic or condition satisfies. The table lists some products and their status under the Availability column. 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