Multiple parameters for formula IF (with different cells)

[Prevenda_XPTA]

Hello,

I'm trying to compose a formula using "IF", considering the complexity of using parameters informed in  two columns to defining the result in a third column(if true)  based on the selection of information between the two columns before.

See the  example  bellow:

Column 1                Column 2           Value (result)

Company 1              Project                      $ 120,00 

Company 1              Presales                    $   90,00

Company 2              Project                      $ 150,00

Company 2              Presales                    $ 115,00

I'm trying to use the four lines to configure a formule to set the "value" automatically, according to the options selected, for example:

 If the information selected in the column 1 is company 1 and de information selected in the column 2 is Presales, the value has to be set automatically to $90,00.

 If the information selected in the column 1 is company 2 and de information selected in the column 2 is Presales, the value has to be set automatically to $115,00.

The formula has to consider the four roles that for define the results for each cell in the column "Value".

Does someone has a solution to solve this situation?

Thank you.

[#2 · Accepted solution]

@Prevenda_XPTA 

=IF(AND(A2="Company 01",B2="Project"),120,IF(AND(A2="Company 01",B2="Presales"),90,IF(AND(A2="Company 02",B2="Project"),150,IF(AND(A2="Company 02",B2="Presales"),115))))

=IF(
    AND(
        A2 = "Company 01"
    ),
{ B2 = "Project"
    )
),
{ 120
),
{    IF(
        AND(
            A2 = "Company 01"
        ),
{ B2 = "Presales"
        )
    ),
{ 90
    ),
{        IF(
            AND(
                A2 = "Company 02"
            ),
{ B2 = "Project"
            )
        ),
{ 150
        ),
{            IF(
                AND(
                    A2 = "Company 02"
                ),
{ B2 = "Presales"
                )
            ),
{ 115
            )
        )
    )
)

[#3]

@Prevenda_XPTA As a variant, create a lookup table with the parameters and use one of several possible functions to find a value based on the company name and description. The attached workbook contains three examples using XLOOKUP, SUMIFS and SUMPRODUCT.

Note that I have used named ranges to make the formulae easier to read.

[#4]

@Juliano-Petrukio, thank you for your help, I really appreciated!

[#5]

Riny,

Thank you for your help, it a interesting way to solve the problem.

[#6]

@Prevenda_XPTA 

Some 365 variants with the data built into the formula.

= LET(
    V,{120,90;150,115},
    C, XMATCH(Company,{"Company 1";"Company 2"}),
    D, XMATCH(Description,{"Project";"Presales"}),
    INDEX(V,C,D)
  )

with the values held as a 2x2 array.

The next step could be to hide all the 'nuts and bolts' within a Lambda function 'VALUEλ'

= LAMBDA(Co,Dn,
    LET(
      V,{120,90;150,115},
      C, XMATCH(Co,{"Company 1";"Company 2"}),
      D, XMATCH(Dn,{"Project";"Presales"}),
      INDEX(V,C,D)
    )
  )

so that the final worksheet formula reads

= VALUEλ(Company,Description)

Like the first two of @Riny_van_Eekelen's formulas, it can be applied to an entire list of companies and value descriptions as a single dynamic array.