Author Archive

Let’s say you have daily data and your boss wants to see the trends by week in month or week in quarter? How do you calculate the week number in a month or quarter? In this article, let me explain the logic and formulas we can use Excel for this.

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.

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.

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.

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!

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.

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.

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.

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.

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.

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.

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

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 […]

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.

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.