Compact mode
SUM vs PMT vs DOLLAR
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesSUMPMTDOLLAROperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsSUMPMTDOLLAR
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionSUM- Data AnalystsSUM is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Business ManagersSUM is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
PMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
DOLLARPurpose 📝
Primary purposes and use cases of the Excel functionSUM- Data AnalysisSUM is used for Data Analysis. Functions specifically designed for analyzing data Click to see all.
- Data AggregationSUM is used for Data Aggregation. Functions for combining and summarizing data Click to see all.
PMTDOLLAR
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionSUM- Basic Arithmetic CalculationsSUM is known for Basic Arithmetic Calculations.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
DOLLAR- Currency FormattingDOLLAR is known for Currency Formatting.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionSUM- Most commonly used function in Excel
PMT- Most used function in banking industry
DOLLAR- One of Excel's original financial functions
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionSUM- Making adding numbers look complicated since 1985
PMT- The function that reminds you of your debts
DOLLAR- Makes your numbers look rich and important
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelySUMPMTDOLLAR
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
- Excel 2013Excel functions that work specifically in Excel 2013 version
SUMOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlySUMPMTDOLLARRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*SUM
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionSUM- Easy To Use
- Widely Recognized
- Versatile
- Fast Calculation
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
DOLLAR- Easy FormattingFunctions that simplify the process of formatting cells and data Click to see all.
- Professional Output
- Consistent
Cons ❌
Limitations and potential drawbacks of the Excel functionSUM- Limited To Numbers Only
- Cannot Handle Text
- No Text Handling
PMT- Negative Number Output
- Complex Parameters
DOLLAR
Ratings Comparison
Alternatives to SUM
COUNTA
Known for Count Non-Empty Cells⚙ performs better than SUM
SUMIFS
Known for Multiple Condition Sum🔢 needs fewer arguments than SUM
AVERAGE
Known for Basic Statistical Calculation⚙ performs better than SUM
MAX
Known for Finding Highest Value⚙ performs better than SUM
MIN
Known for Finding Lowest Value⚙ performs better than SUM
ROUND
Known for Round Numbers🔢 needs fewer arguments than SUM
⚙ performs better than SUM
IF
Known for Conditional Statements🔢 needs fewer arguments than SUM
📈 is more versatile than SUM