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Actually right now you are correct that in this case I am comparing a calculation of 2 fields from another spreadsheet in my workbook to a single field value in another spreadsheet in a workbook. But elsewhere in this same budget I will be comparing 2 calculations, so I am looking for syntax that works for either case. I basically have one worksheet full of assumptions and base values that my other spreadsheets will reference and base their calculations on. Then if my assumptions change all my other budgetary and forecasting work will automatically update. That SUM('Assumptions And Bases'!B11) was just the way I point to an already calculated value from another spreadsheet, there may be a better way to do it, but either way I will also have to compare calculation to calculation in other places in this worksheet, so I need a method/syntax that works either way. I can upload my spreadsheet for you if you want and talk you through it if it is still confusing, maybe then I can make it more clear.
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Rachel, not a problem! Hopefully the right person will come up. Sorry I couldn't reply sooner but I had to run out to the vet with a sick dog. I'll be around over the weekend and should be more responsive. Thanks for your assistance.
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Hi I am R. Michael. First Thank you for your patients.
Below is a formula that will work. However I was not sure what you wanted if SUM('Assumptions And Bases'!B11) is NOT less than SUM('Assumptions And Bases'!B10*'Assumptions And Bases'!B5)...So I made an assumption (Blue color in the formula below)....You can just replace that with what ever formula you want.
=IF(SUM('Assumptions And Bases'!B11)<(SUM('Assumptions And Bases'!B10)*'Assumptions And Bases'!B5),SUM('Assumptions And Bases'!B11),(SUM('Assumptions And Bases'!B10)*'Assumptions And Bases'!B5))
Link to Example File: http://puu.sh/1yst3
Michael, thank you! So is the syntax for this simply
=IF (valueA < valueB, valueA, valueB)
So first is the IF Case followed by a comma then the THEN case followed by a comma followed by the ELSE case?