All articles in 'Excel Howtos' Category
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 »
Using Arrays To Update Table Columns We are creating a lot of reports everyday and these reports contain a lot of data which is presented in various styles as per the requirements. The data that allows us to create the reports is usually referred as raw data and in most of the cases is stored […]Continue »
Lets say you have a large list of numbers, and you want to calculate the average of every nth value. Not the average of all numbers, but just every nth number.
That is what we will learn in next few minutes.Continue »
Lets say you have a list of employees and their birthdays. Now you want to sort this list, based on their birthday, not age. How would you do it?Continue »
Lets say you are the head of purchasing department at Big Corp Co.
You are obviously very busy. Every day starting with a large cup of coffee and ends with a big smile, as you save your company thousands of $s by negotiating best deals, finding best providers and being awesome.
Today, let me share a small Excel tip with you that will make you even more awesome.Continue »
Have you ever been in a VLOOKUP hell?
Its what happens when you have to write a lot of vlookup formulas before you can start analyzing your data. Every day, millions of analysts and managers enter VLOOKUP hell and suffer. They connect table 1 with table 2 so that all the data needed for making that pivot report is on one place. If you are one of those, then you are going to love Excel 2013′s data model & relationships feature.Continue »
Here is a question someone asked me in a class recently.
“I know how to use VLOOKUP to find a value based on search term. But I have a slight variation to it. I need to extract value below the cell VLOOKUP finds.”
This is simpler than it sounds.
We can use INDEX + MATCH formulas to do this.Continue »
Lets say you are looking at some data as shown above and wondering what is the sum of budgets for top 3 projects in East region with Low priority. How would you do that with formulas?Continue »
This is interesting, I am in Columbus to meet one of my college friends. I remember him as a very meticulous person from college days. So it is no surprise when he showed me his massively impressive finance tracker last night. He has been tracking expenses, income, credit card payments and gas (petrol) consumption since 2008. Very impressive indeed.
Then out of blue he said, he has a problem with his spreadsheet. In this own words,
When entering data for credit cards, I use one column per card. But in my report view, I want to show credit card details in rows. How do I do this?
Something like above…. Today, lets learn how to do this using Excel formulas.Continue »
Tony sends this chart and asks if it can be done in Excel.
It sounded like a good challenge for a lazy Sunday morning. So here we go. (Posting it on Monday).
Now I could not get an oil rig photo or that data. So I made up few numbers and used a photo of Flinders street station I took when I was in Melbourne last year.Continue »
Imagine you have a worksheet with lots of charts. And you want to make it look awesome & clean.
Simple, create an interactive chart so that your users can pick one of many charts and see them.
Today let us understand how to create an interactive chart using Excel.Continue »
Last week, we had our very first quiz – “How well do you know your LOOKUPs?”. I hope you have enjoyed it.
Today lets understand the answers & explanations for this quiz.Continue »