I have excel data in the following format
Date Amount
01-Jan-16 23.94
12-Jan-16 17.96
26-Jan-16 32.92
03-Feb-16 38.90
20-Feb-16 62.27
26-Feb-16 45.89
I would like to sum the amount field for specific months, that is I would like to sum up the amount in January and also in February separately.
This is the code I have tried thus far which I found in a previously asked question (see Excel Formula to SUMIF date falls in particular month).
=SUM(IF(MONTH(A:A)=1,B:B,0))
It works for January but when I change 1 to 2 it returns zero.
=SUM(IF(MONTH(A:A)=2,B:B,0))
Would sumifs
work better?