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SUMIFS or SUMPRODUCT???

  1. #1
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    Smile SUMIFS or SUMPRODUCT???

    Hi,

    Refer attached workbook. In the 'income statement' sheet, I am unsure as to what formula to use i.e. sumifs or sumproduct? Goal is to insert a formula in rows 8-10 in the 'income statement' sheet, that refers to the date in row 1 and description in column B of the 'DATA' sheet.

    Any help would be greatly appreciated.

    PERE
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    Forum Expert dredwolf's Avatar
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    Re: SUMIFS or SUMPRODUCT???

    Not sure how you expect the answers, first row look like a simple index/match/match, but truly not sure how other revenue or miscellaneous income is derived from the DATA sheet ?
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    Re: SUMIFS or SUMPRODUCT???

    hi Pere. maybe just a VLOOKUP?
    =VLOOKUP($A8,DATA!$B$7:$BN$15,COLUMNS($F9:F9)+1,0)

    or if the dates are not in order, then:
    =VLOOKUP($A8,DATA!$B$7:$BN$15,MATCH(F$1,DATA!$B$1:$GF$1,0),0)

    if you're supposed to add up the numbers (like in New House Construction Costs), then maybe:
    =SUMIF(DATA!$B$7:$B$15,$A8,INDEX(DATA!$C$7:$BN$15,,MATCH(F$1,DATA!$C$1:$BN$1,0)))

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    Re: SUMIFS or SUMPRODUCT???

    It looks like you are not actually adding anything, just pulling data?

    Try this, copied down and across...
    =INDEX(DATA!$B$1:$GF$16,MATCH('Income Statement'!$A8,DATA!$B$1:$B$15,0),MATCH('Income Statement'!F$1,DATA!$B$1:$GF$1,0))

    Note: the column and row headings need to be identical for this to work
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    Forum Expert dredwolf's Avatar
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    Re: SUMIFS or SUMPRODUCT???

    @ benishiryo & FDibbins, Maybe I missed something you both saw, I think your formulas would work for row 8 but:
    ...... Goal is to insert a formula in rows 8-10 in the 'income statement' sheet, that refers to the date in row 1 and description in column B of the 'DATA' sheet.
    I don't see any matching or close to matching row headers for rows 9 & 10 ?

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    Re: SUMIFS or SUMPRODUCT???

    apologies I should have been more specific.
    If I were to change the descriptions in B7 through to B15 in the 'DATA' sheet, to say 'New House Sale Revenue', my goal is for the formula in the 'Income Statement' to sum all values that relate to the description and the corresponding dates in row 1.

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    Administrator FDibbins's Avatar
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    Re: SUMIFS or SUMPRODUCT???

    Quote Originally Posted by dredwolf View Post
    @ benishiryo & FDibbins, Maybe I missed something you both saw, I think your formulas would work for row 8 but:

    I don't see any matching or close to matching row headers for rows 9 & 10 ?
    You are correct, thats why I made the observation that titles need to be the same

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    Re: SUMIFS or SUMPRODUCT???

    Happy to help and thanks for the feedback

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