Excel formula exceeds 8000 characters limit

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I have a formula with 8433 characters, however, it seems that Excel only allows for 8192. With more than 70 conditions, the "if" statement is extensive. Is there a more effective approach to analyse the criteria so that the formula below uses fewer characters?

=IF(ISBLANK(AD3),"",IF(
SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)

-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)

+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Crypto Interest",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)

+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Crypto Interest",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$M$3:$M,Transactions!$H$3:$H,"Buy",Transactions!$B$3:$B,AD3)=0,"Sold All",

SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"DRIP",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)

-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"ETF",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Commodity",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Managed Fund",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"REIT",Transactions!$D$3:$D,AD3)

+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Crypto Interest",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Crypto",Transactions!$D$3:$D,AD3)

+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Crypto Interest",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
+SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Deposit",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Transfer Send",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Stablecoin",Transactions!$D$3:$D,AD3)
-SUMIFS(Transactions!$M$3:$M,Transactions!$H$3:$H,"Buy",Transactions!$B$3:$B,AD3)))

I tried to save the workbook in excel binary workbook format, but macros don't work

Feb 21, 2023 in Others by Kithuzzz
• 38,000 points
814 views

1 answer to this question.

0 votes

Using auxiliary columns to divide the formula into smaller sections is one method for reducing the formula's character count. Here's a sample of how you might go about doing that:

  1. In a new column, use the formula =IF(ISBLANK(AD3),"",1) to create a flag column that marks the rows where the formula should be applied.
  2. In another column, use the formula =SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Buy",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3) to calculate the first sum value.
  3. Repeat the previous step for the remaining 18 sum values.
  4. In a final column, use the formula =SUMIFS(Transactions!$I$3:$I,Transactions!$H$3:$H,"Sell",Transactions!$F$3:$F,"Stock",Transactions!$D$3:$D,AD3) to calculate the first subtraction value.
  5. Repeat the previous step for the remaining 8 subtraction values
  6. Finally, in a separate cell,use the following formula to calculate the final result: =SUMPRODUCT(SumRange)-SUMPRODUCT(SubtractionRange), where SumRange is the range containing the 19 sum values, and SubtractionRange is the range containing the 9 subtraction values.

This approach should allow you to reduce the overall character count of the formula, as well as make it easier to read and maintain.

answered Feb 21, 2023 by narikkadan
• 63,600 points

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