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Top 10 things we struggle to do in Excel & awesome remedies for them

Top 10 things we struggle to do in Excel & awesome remedies for them

Recently we asked you, what do you struggle doing in Excel? 170 people responded to this survey and shared their struggles. In this post, lets examine the top 10 struggles according to you and awesome remedies for them.

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Excel Dashboards – 49 dashboards to visualize US State to State migration trends

Hello everyone. Stop reading further and go fetch your helmet. Because what lies ahead is mind-blowingly awesome.

About a month and half ago, we held our annual dashboard contest. This time the theme is to visualize state to state migration in USA. You can find the contest data-set & details here.

We received 49 outstanding entries for this. Most of the entries are truly inspiring. They are loaded with powerful analysis, stunning visualizations, amazing display of Excel skill and design finesse. It took me almost 2 weeks to process the results and present them here.

49 Dashboards to visualize State to State Migration - Chandoo.orgExcel Dashboard Examples - Visualizing state to state migration trends - Chandoo.org

Click on the image to see the entries.

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Matching transactions using pivot tables [video]

Last week, we learned how to use formulas to reconcile (match) transactions in Excel. Today, lets take a look at even faster and simpler way to do this:

Using Pivot Tables

 

Here is a short video explaining the technique and why it works. See it below

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Matching transactions using formulas [Accounting]

Matching transactions using formulas [Accounting]

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).

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CP010: Averages are Mean – 8 Techniques for making your analysis above average

CP010: Averages are Mean – 8 Techniques for making your analysis above average

This is a continuation of Session 9 – Averages are mean

In the earlier episode, we talked about AVERAGE and why it should be avoided. In this session, learn about 8 power analysis techniques that will lift your work above averages.

In this podcast, you will learn,

  • Re-cap – Why avoid averages
  • 8 Techniques for better analysis
  • #1: Start with AVERAGE
  • #2: Moving Averages
  • #3: Weighted Averages
  • #4: Visualize the data
  • Conclusions
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I struggle doing __________ with Excel. Fill in the blanks…,

As I am doing a road-trip across parts of southern India (we are in the beautiful temple town of Madurai as you read this post), here is something to keep you busy.

Fill in the blanks & post in comments.

I struggle doing _________________ with Excel.

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CP009: Averages are Mean – Know these things before you make any more AVERAGE()s

CP009: Averages are Mean – Know these things before you make any more AVERAGE()s

In the 9th session of Chandoo.org podcast, lets raise above AVERAGEs.

AVERAGEs are a very popular and universal way to summarize data. But do you know they are mean? Mean as in, AVERAGEs do not reveal much about your data or business. In episode 9 of Chandoo.org podcast, we tackle this problem and present solutions.

In this podcast, you will learn,

  • What is AVERAGE?
  • Pitfalls of averages
  • 5 statistic concepts you must understand
    • Standard Deviation
    • Median
    • Quartiles
    • Outliers
    • Distribution of data
  • What next?
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