Calculated column using 4 different columns to derive an “approve” or “Decline” answer

Question

I would like to use an IF function to obtain an answer to "Approve" or "Decline" within a SharePoint list. My formula works in Excel but not in SharePoint.

I have 4 SharePoint columns:

column name = [Request Type], excel cell =G2 (to be "approved" the word "TD" must be chosen)

column name = [Position title], excel cell =F2 (to be "approved" the word "MEM" must be chosen)

column name = [% Discount], excel cell =J2 (to be "approved" value must be <=0.6)

column name = [Criteria Total], excel cell =S2 (to be "approved" value must be >=100)

My formula works in Excel but not in SharePoint. Excel formula is: =IF(AND(G2="TD",F2="MEM",S2>=100,J2<0.7),"APPROVE","DECLINE")

When I enter it in SharePoint I change the cells to the column name and it always says "decline" when the answer should be "approve"

Can someone please help me?

Answer 1

Assuming [Criteria Total] has returned data type as Number, you can use below formula:

=IF(AND([Request Type] = "TD", [Position title] = "MEM", [Criteria Total] >= 100, Value([% Discount]) <= 0.6), "APPROVE", "DECLINE")

Microsoft documentations:

1. AND function
2. VALUE function

Answer 2

=IF(AND([Request Type]="TD",[Position title]="MEM",[Criteria Total]>=100,[% Discount]<0.7),"APPROVE","DECLINE")

Test result: Updated:

=IF(AND([Request Type]="TD",[Position title]="MEM",[Criteria Total]>=100,VALUE([% Discount])<0.7),"APPROVE","DECLINE")

Because the original value of % Discount is a text value, it needs to be converted to a number. VALUE function