(Excel examples for Beginners)
In this end-to-end excel example, you will learn – How to Subtotal invoices by age in Excel.
If you need to subtotal invoice amounts by age, you can easily do so with the SUMIF function.
In the example shown, the formula in G5 is:
Where age is a named range for the range E5:E11, and amount is a named range for D5:D11.
How this formula works
The SUMIF function takes three arguments: range, criteria, and sum_range.
In this case, we are using:
Range: the range of cells (E5:E11) to which criteria in column G is applied.
Criteria: G5 – a reference to the adjacent cell in column G, which contains the criteria. This is a relative address so that it will change when copied down.
Sum_range: the range of cells (D5:D11) that is summed when the criteria is TRUE.
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