Dynamic Multi-Year Financial Summary
โ Accountant
=SUMPRODUCT((YEAR($A$2:$A$100)=E$1)*($B$2:$B$100))Professional Guide
This task provides accountants with a scalable way to generate dynamic, multi-year financial summaries from transaction-level data. Using SUMPRODUCT with YEAR-based logical arrays allows aggregation without helper columns, making the workbook cleaner and more auditable. The formula can be extended to include additional conditions such as department, cost center, or currency by nesting more logical arrays. It is particularly useful for monthly close, budgeting, and audit preparation, where consistent logic and transparency are critical. The approach reduces manual pivot table refreshes and minimizes the risk of misclassification. When paired with structured references and data validation, this solution supports enterprise-grade financial models that are easy to review and maintain across reporting periods and stakeholders.