Nested If

Administrative Note:

Welcome to the forum.

We would very much like to help you with your query, however the thread title does not really convey what your request is about. Tell us what you are trying to do, not how you think it should be done.

Please take a moment to amend your thread title. Make sure that the title properly explains your request. Your title should be explicit and not be generic (this includes function names used without an indication of what you are trying to achieve).

Please see Forum Rule #1 about proper thread titles and adjust accordingly. To edit the thread title, open the original post to edit and then click on Go Advanced (bottom right) to access the area where you can edit your title.

(Note: this change is not optional. No help to be offered until this moderation request has been fulfilled.)

Looks like your first statement

Formula:

Please Login or Register  to view this content.

only has an outcome defined when the statement is TRUE, namely

Formula:

Please Login or Register  to view this content.

. Nothing is defined when the statement is false. XL then reverts to FALSE as an answer.
Perhaps try

Formula:

Please Login or Register  to view this content.