Compact mode
SUMIFS vs FORECAST 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 typesSUMIFSFORECAST- StatisticalFORECAST belongs to the Statistical category. Excel functions for statistical analysis and calculations
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*- Financial ProfessionalsExcel functions essential for financial analysis and planning
- Data AnalystsExcel functions specifically designed for data analysis and interpretation
SUMIFSFORECASTPurpose 📝
Primary purposes and use cases of the Excel functionSUMIFS- Data AnalysisSUMIFS is used for Data Analysis. Functions specifically designed for analyzing data Click to see all.
- Financial CalculationsSUMIFS is used for Financial Calculations. Excel functions designed for financial analysis and monetary calculations Click to see all.
FORECASTSUMIF
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionSUMIFS- Multiple Condition SumSUMIFS is known for Multiple Condition Sum.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
SUMIF- Conditional Sum CalculationsSUMIF is known for Conditional Sum Calculations.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionSUMIFS- Enhanced version of SUMIF
FORECAST- Based on least squares regression method
SUMIF- Originally created for financial reporting
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionSUMIFS- When one condition isn't complicated enough
FORECAST- The crystal ball of Excel functions
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 effectivelySUMIFSFORECASTSUMIF
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
SUMIFSSUMIFVersion 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
SUMIFS- Microsoft 365SUMIFS is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
- Excel OnlineSUMIFS is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform
- Excel 2007SUMIFS is compatible with Excel 2007 Excel functions that work specifically in Excel 2007 version
- Excel 2010SUMIFS is compatible with Excel 2010 Excel functions that work specifically in Excel 2010 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
SUMIFS- Web ExcelSUMIFS runs on Web Excel Excel functions available in web-based versions
FORECAST- Web ExcelFORECAST runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlySUMIFSFORECASTSUMIFRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
SUMIFS- RangeSUMIFS accepts Range as input types Excel functions that operate on cell ranges for calculations
- ArraySUMIFS accepts Array as input types Excel functions that specifically work with array inputs for calculations
FORECAST- ArrayFORECAST accepts Array as input types Excel functions that specifically work with array inputs for calculations
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 functionSUMIFS- Multiple Conditions
- Accurate Calculations
- Flexible For Multiple Criteria
- Handles Large DatasetsFunctions optimized for processing and analyzing large amounts of data efficiently
- Easy To UnderstandFunctions with clear and intuitive syntax that are simple to learn
- Multiple Conditions SupportExcel functions handling multiple conditions enable complex logical operations and flexible data filtering
- Accurate ResultsFunctions that provide precise and reliable computational results
- Flexible
- Versatile Conditional SummingExcel functions that can perform flexible conditional sum calculations based on multiple criteria
- Supports Multiple Criteria
- Powerful For Multiple Criteria
- Flexible Conditions
FORECAST- Statistical AccuracyExcel functions with high statistical accuracy ensure precise mathematical and analytical results
- Trend Analysis
- Professional
- Scientific Prediction
- Based On Historical DataFunctions that analyze and process historical time-series data
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 functionSUMIFS- Complex For Beginners
- Needs Sorted DataFunctions that only work correctly when the data is pre-sorted in a specific order Click to see all.
- Complex Syntax For Beginners
- Limited To Sum Operations
- Performance Issues With Large Ranges
- Cannot Use OR Conditions
- Complex Syntax
- Can Be Slow With Large DatasetsFunctions that process large amounts of data may significantly impact spreadsheet performance Click to see all.
- Limited To Sum Operation OnlyFunctions that can only add values without other mathematical operations Click to see all.
- Requires Sorted Data
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
SUMIF
Ratings Comparison
Alternatives to SUMIFS
INDEX
Known for Advanced Data Retrieval
📈
is more versatile than SUMIFS
⚙
performs better than SUMIFS
⭐
is rated higher than SUMIFS
COUNTIFS
Known for Multiple Criteria Counting
📊
is easier to use than SUMIFS
📈
is more versatile than SUMIFS
⚙
performs better than SUMIFS
⭐
is rated higher than SUMIFS
MAXIFS
Known for Multiple Criteria Max
📊
is easier to use than SUMIFS
⚙
performs better than SUMIFS
⭐
is rated higher than SUMIFS
SUM
Known for Basic Arithmetic Calculations
📊
is easier to use than SUMIFS
⚙
performs better than SUMIFS
🛠
is more reliable than SUMIFS
⭐
is rated higher than SUMIFS
SUMPRODUCT
Known for Matrix Multiplication Calculations
📊
is easier to use than SUMIFS
📈
is more versatile than SUMIFS
⚙
performs better than SUMIFS
🛠
is more reliable than SUMIFS
⭐
is rated higher than SUMIFS
PMT
Known for Calculate Loan Payments
📊
is easier to use than SUMIFS
⚙
performs better than SUMIFS
🛠
is more reliable than SUMIFS
⭐
is rated higher than SUMIFS
COUNT
Known for Counting Numeric Cells
📊
is easier to use than SUMIFS
⚙
performs better than SUMIFS
🛠
is more reliable than SUMIFS
⭐
is rated higher than SUMIFS
VLOOKUP
Known for Vertical Data Search
🔢
needs fewer arguments than SUMIFS
📈
is more versatile than SUMIFS