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.

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

The following shows an example of using nested IF functions to assign a letter grade to a numeric test score. Copy the example data in the following table, and paste it in cell A1 of a new Excel …

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 …

Please note that the IFS function allows you to test up to 127 different conditions. However, we don't recommend nesting too many conditions with IF or IFS statements. This is because …

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

For example, the AVERAGE function and the SUM function are both second-level functions if they are used as arguments of the IF function. A function nested within the nested AVERAGE …

You can work with sample data and formulas right here, in this Excel for the web workbook. Change values and formulas, or add your own values and formulas and watch the results …

In Access, if you need to calculate or display a value based on a condition, use the IIf function. The IIf (Immediate If) function is similar to the If function in Excel.

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