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SUMPRODUCT
If you have ever wished that the VLOOKUP function could return the sum of two or more related columns, this trick will get you there. Objective Before we get into the details, let’s be clear about our objective. We have some transactions that were exported from our accounting system as shown below. We would like…
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In this post, we’ll examine a couple of ideas for computing income tax in Excel using tax tables. Specifically, we’ll use VLOOKUP with a helper column, we’ll remove the helper column with SUMPRODUCT, and then we’ll use data validation and the INDIRECT function to make it easy to pick the desired tax table, such as single or married…
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