Compact mode
ROUND vs PMT vs SUMIF
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesROUNDPMT- FinancialPMT belongs to the Financial category. Excel functions specifically designed for financial calculations and analysis
SUMIFOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*- CalculationExcel functions for performing various calculations
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionFor all*ROUNDPMTSUMIF
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionROUND- Round NumbersROUND is known for Round Numbers.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
SUMIF- Conditional Sum CalculationsSUMIF is known for Conditional Sum Calculations.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionROUND- Most frequently used mathematical function after SUM
PMT- Most used function in banking industry
SUMIF- Originally created for financial reporting
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionROUND- The peacekeeper between integers and decimals
PMT- The function that reminds you of your debts
SUMIF- Makes counting look complicated when simple math would do
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyROUNDPMTSUMIF
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFor all*- NumberExcel functions specifically designed for numerical calculations
SUMIFVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
- Excel 2013Excel functions that work specifically in Excel 2013 version
Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
ROUND- Web ExcelROUND runs on Web Excel Excel functions available in web-based versions
PMT- Web ExcelPMT runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyROUNDPMTSUMIFRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
SUMIF- RangeSUMIF accepts Range as input types Excel functions that operate on cell ranges for calculations
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionROUND- Precise Control
- Consistent
- Universal
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
SUMIF- Easy To Use
- Versatile For Filtering SumsExcel functions that excel at calculating sums with various filtering options
- Clear Syntax
Cons ❌
Limitations and potential drawbacks of the Excel functionROUND- Limited Decimal Places
- No Rounding Options
PMT- Negative Number Output
- Complex Parameters
SUMIF
Ratings Comparison
Alternatives to ROUND
SUM
Known for Basic Arithmetic Calculations
📈
is more versatile than ROUND
🛠
is more reliable than ROUND
⭐
is rated higher than ROUND
CHOOSE
Known for Value Selection From List
⚙
performs better than ROUND