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How do I set up a formula which will subtract one cell from another (ex: B2-B3) and return the usual result, UNLESS the result is negative (basically < zero), in which case I need it to return "$0.00" instead of "Error" or "Div by 0".

Currently I am using =IF(B2-B3<0,"0.00") which works fine if the values are negative, but it returns "False" if the values are positive.

How do I modify this Excel formula so it will work properly and show the actual result or $0.00 if the result is negative or < 0?

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Well, first of all, you shouldn’t be using quotes.  "0.00" is a text value (sometimes called a string) that consists of four characters: 0.00.

Beyond that, you were very, very close.  You want B2-B3 if it’s positive and 0 if it’s negative?  Just do

=IF(B2-B3<0, 0, B2-B3)
or, equivalently,
=IF(B2<B3, 0, B2-B3)
A slightly different approach is
=MAX(B2-B3, 0)
which gives you B2-B3 or 0, whichever is larger.

| improve this answer | |
  • Thanks for the quick reply - that did it! I had actually tried the first one but it did not work as I did not put spaces after the comma.... Syntax is vital in Excel! I wasn't familiar with the MAX formula so I learned some new stuff - Thanks! – Byl Usa Oct 18 '18 at 0:49
  • Hmmm;  that’s odd.   Spaces between the arguments to functions don’t matter;  I just include them for readability. – Scott Oct 18 '18 at 0:54
  • Yes that is odd. I obviously did something else wrong. Good to know that spaces don't matter after the comma though.... – Byl Usa Oct 18 '18 at 0:59

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