Commonly Used Excel Functions


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It is beyond the scope of this document to outline everything that can be done with a powerful application like Microsoft Excel. However, a great deal can be accomplished using a handful of basic but powerful functions. When setting up product rules some common excel functions are frequently used. The most common functions include the following eight families:

 

Function

Description

And, Not, Or, True, False

Used in logic statements

If

The IF worksheet function checks a condition that must be either true or false.

Iserror

Detects errors

Left, Right, Mid

Selects specific text characters

Max, Min

Determines the largest or smallest value in a list

Proper, Upper , Lower

Formats text formatting

Round(), RoundDown, Roundup

Rounds a calculation to a selected number of decimals

Vlookup

Searches for a value in the leftmost column of a table, and then returns a value in the same row from a column you specify in the table. This is used frequently and the user should be proficient in the set-up and use of Vlookup.