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fsy
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8 years ago
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IF Statement error

Hi,

 

I’m trying to create a chart that compares Actual Revenues and Expenses to Budgeted Revenues and Expenses. I’m using Variance to Budget % = [Actual]-[Budget)/abs[Actual].

 

 

If Actual Revenue is greater than Budgeted Revenue, I want to show a positive variance. However, if Actual Expenses is greater than Budgeted Expenses I need to show a negative variance, so I need to reverse the signs of my formula depending on whether or not I’m calculating a Revenue or Expense variance %.

 

I have a column [Category] that classifies whether or not the amount is a Revenue or Expense. I’m trying to solve for this by using the following IF statement:

 

Variance to Budget % = IF(or([Actual]=0,[Budget]=0),

                                       BLANK(),

                                              If ([Category] = “Total Revenue”, ([Actual]-[Budget])/abs([Actual])),

                                             , ([Actual]-[Budget])/abs([Actual])),*-1)

 

I get the following error:

 

 

Any suggests as to what I am doing wrong? Thank you for your help!

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