I have three columns that have some expense figures: Actual (column A), Budget (column B), Variance (column C):
For these expenses, if Actual is greater than Budget, I want the variance column result/formula to be Budget minus Actual. But if Actual is less that Budget, I want the variance column result/formula to be Actual minus Budget.
I have tried the following, but this is a new field for me so I would really appreciate your assistance. This is what I have tried, but it doesn’t work as expected:
=IF(G5>H5,G5-H5,H5-G5)What is the Excel formula/syntax for this?