All articles in 'Excel Howtos' Category
Imagine you are the head of Accounts Receivable department at a large company. Drab, I know, But humor me and imagine.
Now, every month you get a transaction report.
And you want to know which numbers are matching up.
i.e, if your company gave Vendor-0002 $872.34 on 1st of April, 2014 and your received below payments from them subsequently,
- $427.77 on 1st April
- $152.88 on 2nd April
- $291.69 on 2nd April
Then you consider the account matched since the total received is same as total payable.(427.77 + 152.88 + 291.69 = 872.34).Continue »
Imagine you are a carpenter and you are tasked with laying wooden floor at Gill Bates’ house. Now Gill B has a very big house and he wants to make sure you do a good job. So instead of asking you to lay the floor for entire house, he asks you to finish flooring in the guest bedroom first. Here are the dimensions of that guest bedroom.
- Width: 6ft 3inches
- Length: 24ft 9inches
- Size of individual wooden floor board: 2ft x 4inches
And here is the big question you are facing.
What?!? the guest bedroom width is only 6ft 3inches?
But over the years of chiseling and polishing you have learned to keep quiet and do your work.
So the real question you have is, How many wooden floor boards should you buy?
Of course, you want to find the answer using Excel. Why else would a carpenter read this blog?Continue »
Last Friday, we had a fun little Excel challenge – Calculate Maximum Change. More than 170 people commented and shared their solutions to this problem.
And the best part?
The best part is the variety of solutions & thinking displayed by our community. So if you are one of those 170, puff your chest & pat yourself on the back. Go ahead, I will wait.
Today, lets take a look at some of these awesome formulas and understand how they work. Read on and watch the video you below to gain few awesomeness pounds.Continue »
Dynamic dropdowns are a handy way to get your users to make choices based on what they’ve previously chosen, while steering them away from making invalid choices. Today we’re going to look at one that easily handles multiple levels, and we’ll take a look at what could go wrong. Let’s see one in action, shall […]Continue »
The other day, I got a text message (SMS) from one of our readers. It read,
So today, let us learn a very easy trick to select random sample from your data.Continue »
Howdy folks. Jeff here. I recently gave a presentation on Excel efficiency to a bunch of analysts, in which – among other things – I’d pointed out that if you ever find yourself having to switch calculation to Manual, there’s probably something wrong with your spreadsheet. Here’s the slide: This prompted one of the […]Continue »
Blank cells are an invisible pain in the analysis. Dealing with them is frustrating, time consuming and often very complex. At chandoo.org, we are not big fans of blank cells. That is why we wrote:
- How to delete blank cells & rows?
- Dealing with blanks – case study
- Quickly filling blank cells in a table
- Extracting non-blank data from a list
Today, lets talk about one more scenario. Lets say you want to find out the first non-blank item in a list. How would you do it?Continue »
Ever wondered how to go from a bunch of cells with text to one big combined text? Like shown above.
Well, there is a simple trick. One of our readers, Grant shared this with us. Read on to learn this.Continue »
If this Excel problem is a Bollywood (Indian movie) plot, it would go like this:
Situation: Your boss gave you a worksheet. It has a lot of number chunks. And you need to calculate the sum of each chunk. Quickly!
Twist #1: The villain (your boss, who else) has abducted your spouse. For every extra hour you spend on the problem, your boss will make your spouse go thru one of the boring 97 slide strategy presentations. And his laptop is full of those strategy presentations.
Twist #2: The F1 key on your keyboard is missing.
Twist #3: The coffee machine in your floor is broken again.
Twist #4: And just when you are pressing CTRL+S, the movie steers in to an item song.
Fortunately, no one abducted your spouse. And hopefully the coffee machine is working. But the Excel problem remains unsolved.Continue »
We are almost at the end of 2013. Time to review how much more awesome we became this year. Today let me ask you a very simple question.
What is the coolest Excel trick you have learned this year?
Go ahead and post your answers using comments.Continue »
You have been there. You are looking at a complex workbook with some hidden rows /columns. You want to know what is in that hidden cells. Alas, the worksheet is protected.
It is like the special coffee machine on top floor reserved for senior executives. You know it is there, but you cannot get to it. Now what?!?
Simple. Follow this process.
(I am talking about hidden cells, not the coffee machine.)Continue »
In this episode of Formula Forensics, lets talk about how to build a model where costs vary per year and age. In this example, we are talking about a plantation project. The costs & yields of plants vary by the year they are planted in and the age of plants. In this case, how do we calculate the total costs or returns with formulas?
Here is a handy trick to calculate last day of any month.
Assuming y and m contain the year & month for which you want to find the last day’s date, write
That is right, you can use ZERO (0) as the day.
When you do this, Excel tells us the last day of previous month.Continue »
Often in my work, I need to replace a bunch of formulas with values. Blame it on old habits, but this is what I used to do:
- Copy the cells with formulas (CTRL+C)
- Press ALT+ESV and then enter.
While this is ok, it does take quite a bit of time and key strokes.
Here is a shorter way I recently learned…Continue »
Today, let’s travel in time. Pack your photon ray guns, extra underwear, buckle your seat belts and open Excel!
Of course, we are not going to travel in time. (Come to think of it, we are going to travel in time. By the time you finish reading this, you would have traveled a few minutes)
We are going to learn how to travel in time when using Excel. In simple terms, you are going to learn how to move forward or backward in time using Excel formulas.
So are you ready to hit the warp speed? Let’s beam up our Excel time machine.Continue »