IF formula

marcidee

Board Regular
Joined
May 23, 2016
Messages
196
Office Version
  1. 2019
Please can someone help me expand this IF formula:

=if( E7 = "20% (VAT on Expenses)", K7 /1.2 , "")

I would like to expand this to:

IF E7 states 'No VAT' or 'Zero Rated Expenses' enter the value of K7 (answer will be placed in M7)

So the whole statement is:
IF E7 states:
No VAT or
Zero Rated Expenses - Insert the value of K7 (in M7)

If E7 has:
VAT on Expenses - K7/1.2 (in M7)

Thank you
Marc
 

Excel Facts

Quick Sum
Select a range of cells. The total appears in bottom right of Excel screen. Right-click total to add Max, Min, Count, Average.
Try:
Excel Formula:
=if(E7="20% (VAT on Expenses)",K7/1.2,if(or(E7="No Vat",E7="Zero Rated Expenses"),K7,""))
 
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Solution

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