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Before we go further, if you'd like to work through the examples yourself, here's the raw data you can copy into an Excel worksheet.

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You might be able to picture now how you could start using multiple AND, OR, and IF statements nested altogether to test all sorts of complicated conditions ...

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Again, in plain English, what we're saying is, “If B6 is less than B2 or B6 is greater than or equal to B3, put 'No bonus' into the cell.

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This has been done for tutorial purposes; so that we can both have exactly the same data in column D.

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The OR() function evaluates similarly to an OR operator and accepts several expressions in the form

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