Check the help menu for an in depth explanation of it, basically:

=IF(condition_you_want_to_test , value_if_true , value_if_false)

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Regards,
Dave


"Striving for efficiency" wrote:

I never was good with IF statements...can you explain this? I get confussed
with all of the punctuations: () "," thank you

"David Billigmeier" wrote:

If your dates start in A1, put this in B1 and drag down:

=IF(A1<TODAY(),"Expired Contract","")


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Regards,
Dave


"Striving for efficiency" wrote:

Is there a function that I can set up to notify me when a contract expires?
I use an Excel spreadsheet to track contracts and insurance certificates and
dates and so on. I was thinking there should be a way to produce a
notification when a certain cell with a date entered expires - make sense?

Thank you