Unfortunately IFERROR works only in XL2007. The OP probably has XL2003 or
earlier.

Your suggestion of changing "" to 0 is good, though.

Regards,
Fred

"Pritesh" wrote in message
...
Use 0 instead of "" in your forlula.

Use IFERROR instead of ISERROR.

Use IFERROR at the beginning of formula not inbetween the formula.

Try below formula;

=IFERROR(SUM(Budget)-SUM(Actual),0)

Regards,
Pritesh


"DJL" wrote:

I have entered the following formula within a new calculated item to
calculate the variance between actual and budget values with the view to
making zero values or error values a blank cell. When I insert the
formula
it removes the logic of only displaying the records relevant to the page
setting and I get the same records repeated for each page setting with
#VALUE!

Variance
=IF(OR(ISERROR(SUM(Budget)-SUM(Actual)),SUM(Budget)-SUM(Actual)=0),"",SUM(Budget)-SUM(Actual))

Thanks