There are several ways a business can depreciate an asset—namely through straight line or accelerated modes. For an accelerated depreciation schedule, sum-of-years digits is typically the most common.

You can use SUMIF in Google Sheets to add numbers together that are associated with a date range, specific text, or meet a numeric criterion. Here's everything you need to know to use the SUMIF ...

Microsoft Excel's SUMIFS function calculates the sum of values in a range of cells based on multiple conditions. It avoids the need for complex filtering, and its conditions can be numbers, text, or ...

Q. Our company provides financial reporting audits and IT audits. The client invoices provide an itemized list of time spent on each type of audit, by auditor and date. Is there an easy way to provide ...

In this table, we want to calculate the number of mangoes sold. We are going to click the cell where we want to place the result. Then type in the cell =SUMIF ( We are going to look for the Range. In ...

Q. I read the June 2020 JofA article on SUMIF. I have tried to use it in my Excel spreadsheet, but it won’t work since I have multiple criteria. Is there a way to get SUMIF to work if you have more ...

Daniel writes guides on how to use the internet, explainers on how modern technology works, and the occasional smartwatch or e-reader review. He especially likes deep diving into niche topics that ...