#3 – OR Function. It shows Down whether the value in B2 is greater or less than C2. In a perfect world, I could use IF(AND(Logical1,Logical2),"True","False"). The logical test; The result if the test is TRUE; The result if the test is FALSE =IF(test, test is TRUE, test is FALSE) Example: Check the invoices. If we observe the syntax, it is logic1, logic2 and so on like AND logic, but all the logic should satisfy any logic here. The If() function is used to perform logical tests and to evaluate conditions that will show two outcomes. Related Functions. Suppose, you want to mark only the dates that occur in more than 30 days from now. OR logical test in excel will give results if anyone logic or condition satisfies. The function is commonly used to evaluate whether a condition is true or false. Excel Date function The Excel DATE function returns the serial number for a date.The syntax of the DATE function is as below:= DATE (year, month, day) … Excel IF function The Excel IF function perform a logical test to return one value if the condition is TRUE and return another value if the condition is FALSE…. The excel If function is used when evaluating a condition with two outcomes. You can use multiple If and AND conditions combined in this logical test. ... logical_test (required) The condition you want to test. Naturally, the Excel IF function can understand more complex logical tests, as demonstrated in the next example. In the following worksheet (top left corner), you’re seeing I have a table. The Value If True argument can contain just about anything: A number Basically, excel logical test is used to evaluate the condition whether it is true or false. For the 1st argument, Logical Test, we can use the same formula we used above to compare two values. The IF function is build with 3 parameters. 3) Using VLOOKUP function as the logical test of IF function (good for inventory management) This is a good example if you manage inventory using Excel. Check your aptitude concerning the IF function in Excel with an interactive quiz and printable worksheet. If the logical test evaluates to TRUE, then the result of the IF function will return whatever you put in the 2nd argument (Value If True). In this function i want to see if 3 conditions exist 1) I want to see if the number in column A is less than 1 2) I want to see if the numbers follow this sequence, B5B2 We want to check if the money received by your company is the same as the value of the invoices. Advanced IF formulas for future and past dates. (evaluate if sales are greater than 1000 and give different values for each outcome). I am trying to build a conditoinal statement using 3 separate fields of data, but I'm not sure how to achieve this. In this case, you can express the logical_test argument as A2-TODAY()>30. This excel if statement is used to analyze a condition that will show two outcomes. All 3 functions can be used on their own, but it’s much more common to see them paired with IF functions. The parameters of this function are logical_test, value_if_true, value_if_false. e.g. It returns one outcome if the logical; test is TRUE and another outcome if the condition is FALSE. To test certain conditions, people use If statement. Technical Details. Type =IF( Excel will display the logical hint just below the cell F2. If both the conditions are false, then the results will be false. The table lists some products and their status under the Availability column. value_if_true (required) The value that you want returned if the result of logical_test is TRUE. The first parameter contains the condition to be matched. I could then enter each conditional statement for each logical component, but I can only use 2 arguments. 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