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How To Replace Nested If Statements
Published October 02, 2006
RulesBase is designed to be easy to read. Therefore, Nested "If" statements should be avoided. In Microsoft Excel, a nested if statement might read "=if(c4<100000,.3,if(c4>200000,.39,.34))"
RulesBase will allow multiple Rules to solve one variable:
if Net Revenue<100000 then Tax Rate = 30%
if Net Revenue between 100000 and 200000 then Tax Rate = 34%
if Net Revenue > 200000 then Tax Rate = 39%