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Conditional sum by type and month filters in Google Sheets

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Managing finances can be challenging, especially when trying to track income and expenses effectively. In Google Sheets, you can harness the power of conditional sums to streamline your financial overview. By using specific formulas, you can easily calculate total income and expenses based on selected months, or even view results for the current month and full year. Ready to transform your financial tracking? Let’s explore the best way to structure your formulas to achieve clear insights and gain control over your financial data.

I'm using Google Sheets and I have a sheet with a simple table called finanzas.

https://preview.redd.it/jp3wgug07hkg1.png?width=966&format=png&auto=webp&s=35a4fed61e5abb78e150c633ef617dea8b96abd1

I want D3 to show the sum of the amount if its type is income, and E3 to show the sum if its type is expense.

This should work both when there is no month filter applied and when I select one or multiple months.

I'm trying to manage my finances and I want to be able to see results for:

  • current month
  • selected months
  • full year

Could someone guide me with the correct formula or best way to structure this?

submitted by /u/Wise_General9072
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