Sheet Summary Field Formula to Summarize Expenses in a Column by Year

I have a sheet that includes a column of net costs with a Year column. I want to create a sheet summary field with a formula that calculates the total net costs for a specific year (e.g., 2023).

I tried the following =SUMIFS(Revenue_Column, Year_Column, Year_Value) but kept getting an error, and I don't think it's accurate. Any help is greatly appreciated!

Tags:

Best Answer

  • Matt Johnson
    Matt Johnson ✭✭✭✭✭✭
    Answer ✓

    Hi @Tony Fronza

    This formula should work =SUMIF(YEAR:YEAR, "2023", Revenue:Revenue)

    In the YEAR column I have the formula =YEAR(Date@row) pointing at a Date column. This is sometimes helpful so you could do a report grouped by year and summarize the revenue.





    Or you could do this without the YEAR helper column with this formula:

    =SUMIFS(Revenue:Revenue, Date:Date, IFERROR(YEAR(@cell), 0) = 2023)

    I hope that helps.

    Matt

    Matt Johnson

    Sevan Technology

    Smartsheet PLATINUM Partner

Answers

Help Article Resources

Want to practice working with formulas directly in Smartsheet?

Check out the Formula Handbook template!