Excel Formula Cheat Sheet: 12 Essential Functions for Beginners

Excel becomes much more useful when you know a small group of formulas well. Microsoft describes functions as predefined formulas that perform calculations using specified arguments, making it possible to perform both simple and complex tasks.

Here are 12 useful functions for beginners:

FunctionExampleUse
SUM=SUM(B2:B10)Adds numbers
AVERAGE=AVERAGE(B2:B10)Finds the average
COUNT=COUNT(B2:B10)Counts numeric cells
MAX=MAX(B2:B10)Finds the largest value
MIN=MIN(B2:B10)Finds the smallest value
IF=IF(B2>=40,"Pass","Fail")Makes a logical decision
COUNTIF=COUNTIF(C2:C20,"Yes")Counts matching cells
SUMIF=SUMIF(A2:A20,"North",B2:B20)Adds values meeting a condition
ROUND=ROUND(B2,2)Rounds a number
TODAY=TODAY()Returns today’s date
XLOOKUP=XLOOKUP(E2,A2:A20,B2:B20)Finds related information
TEXTJOIN=TEXTJOIN(", ",TRUE,A2:A5)Combines text

For example, imagine a marksheet containing student scores in cells B2:B10. SUM can calculate the total, AVERAGE can calculate the average score, and MAX can identify the highest mark.

The IF function is useful for decisions. A formula such as =IF(B2>=40,”Pass”,”Fail”) can automatically display the result for each student.

For lookup tasks, Microsoft recommends trying XLOOKUP, which can work in any direction and returns exact matches by default.

The best way to learn formulas is to practise them with real data such as marksheets, attendance records, salary sheets and sales reports.

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