On May 21, 9:37*pm, TUNGANA KURMA RAJU
wrote:
Col 'A' = Date
Col 'B' = Amount
I am looking for a function for: Search if there is current month's date
entry in Col'A', if found search for any entry in Col'B' of same row.If both
conditions are true "Paid" else "Payment Due".
Thanks to all Excel experts in advance.

If you are looking for an actul search then you will ahve to do this
by putting in a little code. If not you can copy this into a
worksheet and it should give you the answer.
=IF(AND(MONTH(A21)=MONTH(TODAY()),MONTH(TODAY())=M ONTH(B21)),"Paid","Payment
Due")

Hope this helps,
Jay