Home > Article > Software Tutorial > How to automatically calculate inventory balance using sumif function in excel_How to automatically calculate inventory balance using sumif function in excel
In daily office work, we often need to use Excel tables for data statistics and calculations. Among them, the SUMIF function is a commonly used function for statistics of data under specific conditions. For warehouse managers, it is important to automatically calculate inventory balances. So, how to use the SUMIF function to automatically calculate inventory balances? This article will introduce in detail how to use the SUMIF function in Excel to automatically calculate inventory balances. It provides a variety of examples for different needs, hoping to help everyone easily handle inventory management tasks.
1. First, we enter =sumif, parameter 1 is the summation condition, and select the line of the incoming and outgoing warehouse name.
2. Use F4 to make an absolute reference to this line. Use double quotation marks in the English state of parameter two. Enter the double quotation marks into the database.
3. Parameter three summation area, select all the incoming and outgoing areas, so that all incoming amounts can be calculated, and then the outgoing amount can be calculated.
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