Solved

Is there a way in Excel to do a formula to calculate a value per row but to limit to number to sum at a certain cutoff point?

Posted on 2013-05-17
4
163 Views
Last Modified: 2014-03-18
I have a spreadsheet that I'm using to do so revenue projections and what I want to do is use one of the columns in a formula to calculate revenue based on a couple other variables.

The column has a range of values from 500 down to 0.  What I want to do is to have another field be a variable so I can plug in a number (say 25) and only have the formula calculate a total up to 25 but ignore the remainder over 25.

Is there a function or a way to apply a type of "IF" statement to multiple rows?

The idea is "IF the number is greater than or equal to N use N, If less than N use the number in the column".

So for the below list the total would be: 25+25+25+22+13+3+0=113

464 (25)
268 (25)
101(25)
22 (22)
13 (13)
3 (3)
0 (0)

I want to just have a field I can type in a number and then have the totals adjust based on that variable number.

Is this possible?  Thanks!

Ike
0
Comment
Question by:Ike23
4 Comments
 
LVL 12

Expert Comment

by:HugoHiasl
ID: 39176434
You could just use the MIN(field,field) function.

MIN(430;25) = 25
MIN(268;25) = 25
MIN(7;25) = 7
0
 
LVL 26

Expert Comment

by:redmondb
ID: 39176438
Hi, Ike23.

Please see attached. The formula in C1 is...
=SUMIF(A1:A500,"<="&B1,A1:A500)+B1*COUNTIF(A1:A500,">"&B1)

Open in new window

Regards,
Brian.Twenty-Five.xls

Edit: Apologies - silly mistake corrected.
0
 
LVL 4

Author Comment

by:Ike23
ID: 39176443
I figured out how to do the IF statement and use the $ to keep the variable column constant.

=IF(J19>$Q$7,($Q$7),(J19))*$O$3

Basically this says if the column is greater than my variable limit use the variable number, if not use the column number and then multiply it times the amount in my other variable column.

Works great!
0
 
LVL 81

Accepted Solution

by:
byundt earned 500 total points
ID: 39176454
Instead of your IF, you could use:
=MIN(J19,$Q$7)*$O$3
0

Featured Post

Is Your Active Directory as Secure as You Think?

More than 75% of all records are compromised because of the loss or theft of a privileged credential. Experts have been exploring Active Directory infrastructure to identify key threats and establish best practices for keeping data safe. Attend this month’s webinar to learn more.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Title # Comments Views Activity
Unable to open excel in 2016 is slow 4 21
Help with Adding text from a form to a worksheet 5 37
Export Query data to excel file 14 38
Excel Hyperlink Question 4 32
A little background as to how I came to I design this code: Around 5 years ago I designed an add-in that formatted Excel files to a corporate standard, applying different cell colours and font type depending on whether the cells contained inputs,…
Lync meeting or Lync conferencing is what many organizations would like to deploy to allow them save money. But companies are now giving up for various reasons, one of which is that they cannot join external meetings (non-federated company meetings)…
This Micro Tutorial demonstrates how to create Excel charts: column, area, line, bar, and scatter charts. Formatting tips are provided as well.
This Micro Tutorial will demonstrate the scrolling table in Microsoft Excel using the INDEX function.

862 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question

Need Help in Real-Time?

Connect with top rated Experts

23 Experts available now in Live!

Get 1:1 Help Now