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Automatically Format Numbers in Thousands, Millions, Billions in Excel [2 Techniques]

Published on Jul 22, 2024 in Charts and Graphs, Learn Excel
Automatically Format Numbers in Thousands, Millions, Billions in Excel [2 Techniques]

Ever wanted to automatically format values in thousands, millions or billions in Excel? In this article, let me show you two powerful techniques to do just that.

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How to compare two Excel sheets using VLOOKUP? [FREE Template]

Published on Jul 3, 2024 in Excel Howtos
How to compare two Excel sheets using VLOOKUP? [FREE Template]

You are the boss of ACME Inc. And one day, both of your accounts receivables team members Sara and James come to you with two versions of the customer payment data. How do you compare these two Excel sheets and reconcile the data? In this article, let me explain the step by step process.

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Sales Analysis Dashboards with Power BI – 30+ Alternatives

Published on May 21, 2024 in Power BI
Sales Analysis Dashboards with Power BI – 30+ Alternatives

Do you need inspiration for your upcoming Power BI sales dashboard? Well, I got you covered. In this page, let me present 33 alternatives for Sales Analytics Dashboards with Power BI.

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Announcing Power BI Dashboard Contest (win $500 prizes!)

Published on Apr 9, 2024 in Power BI
Announcing Power BI Dashboard Contest (win $500 prizes!)

Hey there, I have a SUPER exciting announcement! April is about to get a whole lot sweeter with our Power BI Dashboard Contest! Your mission, should you choose to accept it: Craft the most EPIC dashboard for the Awesome Chocolates CEO with sales & financial insights! Winners stand a chance to score up to $500 in Amazon Gift Cards, plus some serious bragging rights!

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Compound Interest Formula in Excel

Published on Apr 2, 2024 in Learn Excel
Compound Interest Formula in Excel

Classically, known as “interest on interest”, compound interest is the most common type interest used in every day finance situations.

To calculate compound interest in Excel,

on principal amount P
at the rate of interest R
for the number of years N
and compounded T times per year
we can use the formula = P*(1+R/T)^(N*T)

In this article, understand how to calculate various kinds of compound interest values using Excel formulas.

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How to convert test scores to letter grades in Excel?

Published on Mar 20, 2024 in Excel Howtos
How to convert test scores to letter grades in Excel?

We can use Excel’s LOOKUP function to quickly convert exam or test scores to letter grades like A+ or F. In this article, let me explain the process and necessary formulas. I will also share a technique to calculate letter grades from test scores using percentiles.

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How to calculate the Gender Pay Gap using Excel Formulas? (Free Calculator Template)

Published on Mar 19, 2024 in Learn Excel, Templates
How to calculate the Gender Pay Gap using Excel Formulas? (Free Calculator Template)

Gender Pay Gap is the difference in pay for groups of men & women and usually based on the average or median salaries. We can use Microsoft Excel to quickly calculate the GPG (Gender Pay Gap) from your data. In this article, let me explain the process, Excel formulas and offer you a ready to use GPG calculator.

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Weighted Average in Excel [Formulas]

Published on Mar 14, 2024 in Learn Excel
Weighted Average in Excel [Formulas]

Learn how to calculate weighted averages in excel using formulas. In this article we will learn what a weighted average is and how to Excel’s SUMPRODUCT formula to calculate weighted average / weighted mean.

What is weighted average?

Wikipedia defines weighted average as, “The weighted mean is similar to an arithmetic mean …, where instead of each of the data points contributing equally to the final average, some data points contribute more than others.”

Calculating weighted averages in excel is not straight forward as there is no built-in formula. But we can use SUMPRODUCT formula to easily calculate them. Read on to find out how.

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How to get non-adjacent columns with FILTER function in Excel

Published on Mar 12, 2024 in Excel Howtos
How to get non-adjacent columns with FILTER function in Excel

Excel 365’s FILTER() function is great for getting a cut of data that meets your criteria. But what if you need to filter and then show non-adjacent columns? Something like below. In this article, let me show you a few options to get discrete columns after filtering with the FILTER function.

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What is XLOOKUP and how to use it in Excel?

Published on Mar 12, 2024 in Excel Howtos
What is XLOOKUP and how to use it in Excel?

Think of XLOOKUP as an improved version of VLOOKUP. In this article, learn all about the XLOOKUP function, it’s syntax, parameters with real-world xlookup examples.

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Get all BOLD text out Excel Cells Automatically

Published on Feb 26, 2024 in Excel Howtos, VBA Macros
Get all BOLD text out Excel Cells Automatically

Use the getBoldText() function in Excel to extract bolded portion of a cell automatically. Saves you time and helps with data cleaning.

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How to fix SPILL Error in Excel Tables (3 easy solutions)

Published on Feb 21, 2024 in Excel Howtos, Learn Excel
How to fix SPILL Error in Excel Tables (3 easy solutions)

So you have a SPILL error in your Excel tables? In this quick article, let me show you 3 easy fixes to the problem. Fix 0: See if Excel can auto-fix the formula This is not really a fix. But if you write certain types of formulas in table, Excel will warn you about the […]

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Loan Amortization Schedule in Excel – FREE Template

Published on Feb 20, 2024 in Financial Modeling, Learn Excel
Loan Amortization Schedule in Excel – FREE Template

Do you want to calculate loan amortization schedule in Excel? We can use PMT & SEQUENCE functions to quickly and efficiently generate the full loan amortization table for any number of years.

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How-to create Dependent Drop Downs in Excel [Dynamic & Multiple]

Published on Feb 14, 2024 in Excel Howtos, Learn Excel
How-to create Dependent Drop Downs in Excel [Dynamic & Multiple]

Do you want to create a dynamic dependent drop down list in Excel like below? You can use XLOOKUP and data validation to set this up quickly. It is fully dynamic and works across a full column too.

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VLOOKUP(), MATCH() and INDEX() – explained in plain English

Published on Feb 11, 2024 in Featured, Learn Excel
VLOOKUP(), MATCH() and INDEX() – explained in plain English

VLOOKUP may not make you tall, rich and famous, but learning it can certainly give you wings. It makes you to connect two different tabular lists and saves a ton of time. In my opinion understanding VLOOKUP, INDEX and MATCH worksheet formulas can transform you from normal excel user to a data processing beast. Today, […]

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