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The IF function is one of the most popular and useful functions in Excel. You use the IF function to ask Excel to test a condition and to return one value if the condition is met, and another value if the condition is not met.
To enter your IF Function Arguments, 1  Click the spreadsheet cell where you wish to use the formula. 2  From the Formulas tab, click Insert funtionâ¦. 3  In the Insert Function dialog textbox, type âifâ. 4  Make sure your cursor is in the Logical_test textbox.  Click the spreadsheet cell you wish to evaluate. Excel will fill in the cell address such as âB2â.