Here is my nested IF formula and I don't understand where the issue lies.
I've created a new column called [Initiative Expense] for my formula. My [Initiative Type] column has multiple values for types of expenses and credits, but if the value is one of five expenses (listed in parenthesis in the formula), then I want the cell in my new column to display the value listed in the [Initiative Amount (Expense)], which is on the same row as the [Initiative Type]. It should be simple, but I get an #UNPARSEABLE error. If there is no value (amount) for any of the corresponding five initiative types, then I want the result to be $0. Please help and thank you.
My formula:
=IF(([Initiative Type]7 = "Pass-Through", [Initiative Amount (Expense)]7), IF([Initiative Type]7 = "Marketing Vendor", [Initiative Amount (Expense)]7), IF([Initiative Type]7 = "TDA", [Initiative Amount (Expense)]7), IF([Initiative Type]7 = "TDSCG", [Initiative Amount (Expense)]7), IF([Initiative Type]7 = "Employee Expense", [Initiative Amount (Expense)]7), "$0")