Recently, I saw this chart on Economist website.
It is trying to depict how various cities rank on livability index and how they compare to previous ranking (2014 vs 2009).
As you can see, this chart is not the best way to visualize “Best places to live”.
Few reasons why,
- The segregated views (blue, gray & red) make it hard to look for a specific city or region
- The zig-zag lines look good, but they are incredibly hard to understand
- Labels are all over the place, thus making data interpretation hard.
- Some points have no labels (or ambiguous labels) leading to further confusion.
After examining the chart long & hard, I got thinking.
Its no fun criticizing someones work. Creating a better chart from this data, now thats awesome.
So I went looking for the raw data behind this graphical mess. Turns out, Economist sells this data for a meager price of US $5,625.
Alas, I was saving my left kidney for something more prominent than a bunch of raw data in a workbook. May be if they had sparklines in the file…
So armed with the certainty that my kidney will stay with me, I now turned my attention to a similar data set.
I downloaded my website visitor city data for top 100 cities in September 2014 & September 2013 from Google Analytics.
And I could get it for exactly $0.00. Much better.
This data is similar to Economist data.
Chart visualizing top 100 cities
Here is a chart I prepared from this data.
This chart (well, a glorified table) not only allows for understanding all the data, but also lets you focus specific groups of cities (top % changes, new cities in the top 100, cities that dropped out etc.) with ease.
Download top 100 cities visualization – Excel workbook
Click here to download this workbook. Examine the formulas & formatting settings to understand how this is made.
How is this visualization made?
Here is a video explaining how the workbook is constructed. [see it on our YouTube channel]
The key techniques used in this workbook are,
- SUMIFS, INDEX + MATCH formulas for figuring out data
- Sorting data by a particular column
- Conditional formatting to show % change arrows
- Form controls for user interactivity
Since the process of creating this visualization is similar to some of the earlier discussed examples, I recommend you go thru below if you have difficulty understanding this workbook:
- Suicides vs. Murders – interactive Excel chart
- Gender Gap chart in Excel
- Visualizing world education rankings
- Analyzing survey results with panel charts
How would you visualize similar data?
Here is a fun thought experiment. How would you visualize such data? Please share your thoughts (or example workbooks) in the comments. I & rest of our readers are eager to learn from you.
17 Responses to “Budget vs. Actual Profit Loss Report using Pivot Tables”
Good Work, Yogesh & Chandoo! Thanks.
Hi everybody,
first sorry I am late to say something about this topic;actually I was waiting last part
second I am not accountant I am an Engineer
third """"Very Important""" the idea is not about Loss but I am sure it is profit
Based on third it shows:
1- How to use EXCEL
2- How to use pivot TABLES
3- How to collect and arrange DATA
4- How to make reports
Many Thanks
Hi Yogesh and Chandoo,
Thank you for sharing your knowledge!
You guys are great!
thanks chandoo and yogesh, thanks for you lessons, are great!....i have a idea for a budget. I try to do it..... thanks for all
Thanks a lot for sharing the most powerful tool worldwide "knowledge"
Warm greetings from Peru
Hi -
This is a really great article because it's a simple and common thing you'd want to do with a pivot table but not at all obvious how to do it! So - muchas gracias to Chandoo and Yogesh!
One thing - I couldn't get past the group error in the sample file. I would click on ungroup but it didn't seem to have any effect. I'd appreciate it if anybody has any pointers here.
-Juanito
Hi Chandoo
I am also having the group error. Can't seem to ungroup? Appreciate if you explain further on the steps required in order to get to calculated items.
Many thanks and keep up the great work.
Cheers
Adam
Hi Chandoo,
I'm struggling resolving the problem depicted below:
I have a set of data, with (among others) a "Region" field (can be APJ, EMEA, or AMS), and a "Country" field.
Unfortunately, I need to group data by the following 4 Regions: APeJ, Japan, EMEA and AMS.
I first tried to make a pivot with Region and Country in the rows (or columns), and then group Country data as per the above.
Alas, as soon as I have a new Country that appear in my data set, my groupings are broken, and I have to redo the job of ungrouping, grouping etc.
I thought I could try to use calculated item, by adding first a new column to my dataset concatenating Region_Country, and create an "APeJ" calculated item that would sum all the "APJ_*" and substract the "APJ_Japan", but again, no clue, as I can't find a way to use any wild card in those formulas.
Given that I already found extremely helpful tips and tricks in your site that helped me manage that bunch of data, I'm pretty sure you'll have a bright idea on how I can solve that one!
Thanks in advance for your lights!
Hi Catherine...
In such cases, I advice using an additional column in the data itself. You can set-up a grouping table else where with country in first column, region in second column. And then in the data, you can add an extra column and use VLOOKUP to fetch the region based on the country.
Then feed this entire data (with extra column) to pivot table and use the extra column to group the data.
Hi Chandoo,
Thank you for your prompt answer.
I finally came to the same conclusion - after a rest 🙂 . I was probably too tired Friday evening (it was rather late), having spent hours in manipulating all my surveys data so as to pull rolling averages, make nice graphs and so on, and was trying to find a complex solution when there was a simple one.
Thanks again,
Catherine
Hey,
Great post!
I for example have different database structure with the following fields :
Date, Expense, Income, Sum (Income - Expense), Category (Sales, Cost of Goods and etc).
Creating a P&L report for the whole year works great. Including gross margin % and etc.
Though, creating P&L report by QTR/Month is becoming impossible since i get the following error : “This PivotTable report field is grouped. You cannot add calculated item to grouped filed.”
Is there a solution for this kind of problem?
Like Adam and Juanito, I also cannot ungroup.
Would appreciate it if you can add a few more lines and a screenshot or two on where to put the mouse cursor to ungroup.
Hi, I have figured out the ungrouping problem. One of the earlier steps was to group by month, if you pull the month back down to the column then right click and then select ungroup, then pull the month back up so you end up with just data source and budget/actual as the headings, then you can continue on.
To solve the ungroup problem, my method is:
Copy the "data" sheet to a whole new Excel workbook
and directly work on Part 6.
And since it is a fresh copy, Excel don't show me the "can't ungroup" problem. Hope this help.
Thank you Yogesh for this wonderful tutorial.
Kent, Malaysia
Just when i thought pivots were awesome i learn about inserting the calculated fields and that makes them more awesome. chandoo where have you been all my life.
Hello - your P&L pivot version has really impressed my boss and would like to use it. I have applied it for a actual vs budget vs forecast model I have created. One problem. In your variance above the operating profit percent % variance shows 33.8% but I want it to show (0.01) point or the true diff from prior budget.
I know I can add calculation to the side but boss would like to see it in pivot table.
Please help
Thanks
I have a further query which may solve my above dilemma. Is it possible to add a column that calculates percent increase. So in the example above a new column would be added to show variance %.
Any help would be appreciated.
Thanks