## Invoice status with nested if in Excel

This tutorial shows how to calculate Invoice status with nested if in Excel using the example below; Formula =IF(balance=0,”Paid”,IF(current_date<due_date,”Open”,”Overdue”)) Explanation To determine invoice status (i.e. paid, open, overdue), you can use a nested IF formula and the TODAY function. In the example shown, the formula in G5 is: =IF(F5=0,”Paid”,IF(TODAY()<C5,”Open”,”Overdue”)) How this formula works Note: the “current date” …