In the 28th session of Chandoo.org podcast, let’s figure out how to express business rules & logic to Excel.
What is in this session?
What good are spreadsheets if they can’t solve business problems?
But we all struggle when it comes to modeling real world business conditions in Excel. For example, if you have below business rule to decide how much discount to offer a customer,
- If the customer bought 3 or more times previously and offer 15% discount
- If the customer bought 1 or 2 times previously AND customer’s age is >40, offer 10% discount
- If the customer visited our New York store between 6PM-9PM offer 5% discount
- Else no discount
How would you go about modeling these in Excel?
That is our topic for this podcast session.
In this podcast, you will learn
- The challenge of modeling business logic & rules in Excel
- My struggles with such formulas in early days
- 4 features of Excel that can help you with this.
- 1. Logical formulas
- AND
- OR
- NOT
- XOR
- 2. Support formulas
- IF
- IFERROR
- CHOOSE
- 3. Information formulas
- IS functions
- 4. Operators
- Brackets
- +*- operators
- Example business rules & how to write formulas for them
- Conclusions
Listen to this session
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Spotify | RSS
Click here to download the MP3 file.
Links & Resources mentioned in this podcast
Logical formulas – Syntax & Examples:
Support functions & concepts:
Advanced business rules & scenarios:
Homework for you:
- Write a formula to check if 2 dates are in same month
- Write a formula to check if few cells have same value
- An IF formula challenge for you
- Can you calculate sales commission?
Transcript of this session:
Download this podcast transcript [PDF].
What challenges do you face when modeling business rules / logic?
When I was learning Excel, I struggled a few years understanding the concept of logical functions. Of course I was in college, so I had all the time in world to explore and learn.
What about you? Do you write formulas that model real world logic? Where do you struggle? Please share your thoughts & inputs in comments section so that I can help you better.
IF(AND(like chandoo.org, love podcast),
If you like chandoo.org & our podcast, please take a minute and do one or both of below:
- Leave a honest review on iTunes
- Share our podcast link with a colleague or friend – Send them here: chandoo.org/podcast
22 Responses to “Master Excel 2007 Ribbon with this Free Learning Guide”
Thank you, kind sir. Well done with the baby making.
I cannot get signed up for your newsletter. I tied both this email address and churchill2001@hotmail.com. never a response.
I cannot get signed up for your newsletter. I tied both this email address and churchill2001_at_hotmail_dot_com. never a response for either attempt.
@Doug, it shows that your email address is pending verification. Can you check your inbox (and may be spam folder too) for an email from me? The subject will be "Activate Subscription to Get your Free Excel Tips E-book"
[...] PPS: If you are struggling with ribbon, you should check out ribbon learning guide. [...]
Very Useful Info..Keep it up..
@Ajay.. you are welcome 🙂
how do u download microsoft excel for free?
http://www.microsoft.com/en-us/default.aspx
Select Office
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I can't open this pdf. I get the error message:
You do not have the required license to open this file.
Please request a license from the creator of the file, and add it using the license manager and they try opening it again.
What gives??
I downloaded the file again and it worked this time. Strange. (First file was 116 KB, second was 1644 KB... ???)
[...] More ribbon goodness | Free e-book to learn Excel Ribbon [...]
Hi Chandoo,
thanks for sharing your Excel 2007 learning experience with us; unfortunately the link to the pdf of the free Excel 2007 learning guide seems broken: my Acrobate Readers flags: "Unkown file type or corrupte data".
Have a nice day
Michael
well done this is great
Can somebody just provide a link the classic TAB exportedUI files for MS Office 2003 for us to use in office 2007/2010?. searching online, everybody just wnats to make a buck online with silly Classic Tab installers which do nothing more than inport exportedUI files for you.
Don't give me a ribbon how to guide, just give me free exportedUI files. I should not have to pay anyone for this, it is free XML, MS should have included this to begin with.
thanks
Dear.
There are a set of debit values and a set ot credit values in a column. I want a vba code by whcich the debit value plus a single / multiple credit value is zero that needs to be marked .
finally i will come to know out of the avaibale debits which cannot be used the with avilable credits either single or multiple values.
If multiple matching sets are available let it take the 1st or the 2nd one its not an issue.
Column A Ref
-1000 A
-5000 B
-8000 C
800 A
100 A
100 A
2000 B
3000 B
13000
15000
hi...
how to make this add-ins and display in ribbon... check this sample : http://www.cprsoft.com/GCDemo01.htm
thank you sir...
Please tell me format painter short cut key In excel ?
Thanks In Advance
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