Excel Speedup & Optimization Tips by Experts [Speedy Spreadsheet Week]

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As part of Speedy Spreadsheet Week, I have emailed a few renowned Excel experts and asked them to share their tips & ideas to speedup Excel. Today, I am glad to present a collection of the tips shared by them.

Excel Speedup & Optimization Tips by Experts

Excel Speeding up & Optimization Tips by Hui

About Hui:
Hui (Ian Huitson) has been writing & contributing to Chandoo.org for more than 2 years. Many of you know him from Formula Forensics & Data table related articles on Chandoo.org. See about Hui page for more about him.

In no particular order:

  • Minimize the use of Volatile Functions
  • Organize your workbook layout and data methodically
  • Where possible use fixed values or Named formulas instead of lookups even if the values only change rarely, flag those for manual checking
  • Don’t Start equations with a + that actually adds 0.4% calculation time
  • Minimize use of the Data Table command to running summaries only at the end of a project
  • Review the logic of the model and all if’s or lookup choices for necessity or alternatives
  • Use negatives instead of multiple positives where appropriate in conjunction with If’s and Lookups
  • Learn about Conjunctive Truth Tables, they Rock for reporting
  • Array formulas can do the work of dozens of normal cells, but use cautiously
  • Use Named Formulas and UDF’s instead of multiple Helper Cells/Rows or Columns
  • Minimize of us Conditional Formatting
  • Minimize use of linked workbooks especially if over network drives
  • Take an advanced Excel course like the ExcelHero Academy
  • Minimize the use of Excel 2007

Links:

Excel Speeding up & Optimization Tips by George

About George:
George runs Excel Unusual, where you can learn about using Excel for engineering, simulations & games. In his work, he builds complex spreadsheet models all the time. So I asked him to share a few tactics with us. He wrote 2 articles in response to my request.

Links:

Excel Speeding up & Optimization Tips by Gregory

About George:
Gregory runs Excel Semipro, where he shares Excel tips & ideas. I asked him to contribute to the Speedy Spreadsheet Week. This is what he says,

Tips by George:

To speed up my worksheet files, I have one primary rule: do not use the OFFSET function, which is volatile and can slow things down considerably. In newer spreadsheets I use Tables and The imposing INDEX function to keep ranges automatically updated. In Excel 2003 I use an event-based approach, with named ranges, the worksheet deactivate module, and VBA to keep lists and ranges updated.

Links:

Excel Speeding up & Optimization Tips by Luke

About Luke:
Luke is one of the Excel Ninjas at Chandoo.org where he contributed more than 1000 posts. I asked Luke to share some optimization tips based on his vast experience of using Excel & helping others. This is what he suggests:

  1. In VB, whenever I see a line like Selection.something that’s usually an indicator that I’m using extra lines. Either I need to apply the method directly to the object instead of selecting it, or I need to use a With statement.
  2. With Event macros, don’t forget the all-important lines of Application.EnableEvents = False and Application.EnableEvents = True so that you don’t cause multiple events to be triggered.
  3. See a section of code that you’re repeating? Probably need to make this a separate Sub or Function that you can then reference from the main code.
  4. When building your formula page, think top-down. Cells near the top of worksheet should be referenced in formulas that are below, not vice-versa. XL likes to calculate left to right, top to bottom. Scattering cell references around makes it work harder.
  5. When using large amounts of data that you want to be charted, sometimes I’ll build a formula sheet within the workbook with data, and then just build another workbook that uses a data query (referencing the formula results) to generate the charts.
  6. This might be more along the lines of auditing a worksheet, but sometimes it’s hard to see how I’ve laid out my constants and formulas, and using a worksheet map helps bring things into focus (related: create a worksheet map)

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Excel Speeding up & Optimization Tips by Narayan

About Narayan:
Narayan is one of the Excel Ninjas at Chandoo.org where he contributed more than 1000 posts. I asked Narayan to share some optimization tips based on his vast experience of using Excel & helping others. This is what he suggests:

Period-to-Date and Cumulative SUMs
There are two methods of doing period-to-date or cumulative SUMs. Suppose the numbers that you want to cumulatively SUM are in column A, and you want column B to contain the cumulative sum; you can do either of the following:
You can create a formula in column B such as =SUM($A$1:$A2) and drag it down as far as you need. The beginning cell of the SUM is anchored in A1, but because the finishing cell has a relative row reference, it automatically increases for each row.
You can create a formula such as =$A1 in cell B1 and =$B1+$A2 in B2 and drag it down as far as you need. This calculates the cumulative cell by adding this row’s number to the previous cumulative SUM.
For 1,000 rows, the first method makes Excel do about 500,000 calculations, but the second method makes Excel do only about 2,000 calculations.

Subtotals

Use the SUBTOTAL function to SUM filtered lists. The SUBTOTAL function is useful because, unlike SUM, it ignores the following:
Hidden rows that result from filtering a list. Starting in Excel 2003, you can also make SUBTOTAL ignore all hidden rows, not just filtered rows.
Other SUBTOTAL functions.

Using SUMPRODUCT to Multiply and Add Ranges and Arrays.
In cases like weighted average calculations, where you need to multiply a range of numbers by another range of numbers and sum the results, using the comma syntax for SUMPRODUCT can be 20 to 25 percent faster than an array-entered SUM.
{=SUM($D$2:$D$10301*$E$2:$E$10301)}
=SUMPRODUCT($D$2:$D$10301*$E$2:$E$10301)
=SUMPRODUCT($D$2:$D$10301,$E$2:$E$10301)

These three formulas all produce the same result, but the third formula, which uses the comma syntax for SUMPRODUCT, takes only about 77 percent of the time to calculate that the other two formulas need.

Dynamic Ranges

These are most often created using the OFFSET and COUNTA functions , as in the following :
=OFFSET(Sheet1!$A$1,0,0,COUNTA(Sheet1!$A:$A)-1,1)

Sometimes , when data is stored in the form of records , so that all columns have data to the same extent , there may be several dynamic ranges ; say we have ORDER_ID in column A , CUSTOMER_ID in column B , and the AMOUNT in column C. Thus there may be several dynamic ranges as follows :
=OFFSET(Sheet1!$A$1,0,0,COUNTA(Sheet1!$A:$A)-1,1)
=OFFSET(Sheet1!$B$1,0,0,COUNTA(Sheet1!$B:$B)-1,1)
=OFFSET(Sheet1!$C$1,0,0,COUNTA(Sheet1!$C:$C)-1,1)

These can be simplified to :
=OFFSET(Sheet1!$A$1,0,0,COUNTA(Sheet1!$A:$A)-1,1)
=OFFSET(Sheet1!$B$1,0,0,COUNTA(Sheet1!$A:$A)-1,1)
=OFFSET(Sheet1!$C$1,0,0,COUNTA(Sheet1!$A:$A)-1,1)

These can then be optimized by storing the COUNTA value in a cell , and using the cell reference within the OFFSET formula :
=OFFSET(Sheet1!$A$1,0,0,Sheet1!$F$1,1)
=OFFSET(Sheet1!$B$1,0,0, Sheet1!$F$1,1)
=OFFSET(Sheet1!$C$1,0,0, Sheet1!$F$1,1)

Where Sheet1!$F$1 contains the formula : =COUNTA(Sheet1!$A:$A)-1
For more, refer to MSDN.

Resetting the USED RANGE

Pressing CTRL END will take the cursor and place it on the cell which Excel thinks is the last used cell in the worksheet.
Suppose you do this , and the cursor lands on D27 ; now navigate to any cell which is as far away as you can imagine , say AA3456 ; enter any character , even a space will do ; then clear the cell contents by pressing the DEL key.
Pressing CTRL END will now take the cursor to AA3456.
To reset the USED RANGE , go to the Immediate Window of the VBA Project , and enter the following statement :
Application.ActiveSheet.UsedRange
Your used range should now be reset to its earlier value of D27 ; pressing CTRL END will now take the cursor to D27.
Refer to this Stackoverflow discussion for more.

Excel Speeding up & Optimization Tips by Jordan

About Jordan:
Jordan runs Option Explicit, an Excel VBA blog. He shared these tips with us,

  • When reading and writing to ranges, use .value2 (this is noticeable for large, iterative calculations)
  • Ensure that ALL spreadsheet errors are handled. The most common errors I see ignored are #Ref errors and #Div (for dividing by zero). Use Go To Special… to find these errors and either delete them or use IFERROR to handle them. In my opinion, Excel errors are one of the biggest contributing factors to slow spreadsheets.
  • When using INDEX, include the row or column number even if you don’t need it. For example, if I’m pulling data from only one column, I need only write =INDEX(A1:A10, 1) to pull the first item. However, =INDEX(A1:A10, 1, 1) appears to be a hair faster. Try it.
  • Cut down on Lookup functions. In many instances, the lookup table has already encoded information in the correct order. Instead of looking up, say, Stage 2, just use INDEX on the desired column and pull from row 2.

Thanks to Hui, George, Gregory, Luke, Narayan & Jordan

Many thanks to all of you for sharing these ideas & tips so that we can speed up Excel. If you found these tips useful, say thanks to the contributors.

More on Excel Optimization & Speeding up:

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39 Responses to “11 very useful excel keyboard shortcuts you may not know”

  1. Judy Fearn says:

    You asked about a favorite keyboard shortcut: I often right click the navigation arrows at the bottom of an Excel workbook to get a list of the worksheets. I can click the one I want without having to scroll left or right.

  2. Sam Krysiak says:

    I regularly use the networkdays(x,y,z) function to show the number of working days between two given dates. To exclude public holidays I reference a list of dates ("z" in the above reference) which I periodically update to reflect upcoming non-working days. To keep the sheet looking tidy for other users, I like to hide this column when I'm done, and then unhide it when I update the sheet.

    With 40 separate workbooks to edit, these shortcuts make it a breeze...

    ? Hide selected column: CTRL+0 [zero]
    ? Unhide hidden column(s) within selection: CTRL+SHIFT+) [closed parenthesis]

    If an "Autofit Selection" keyboard shortcut (not just a key sequence) existed, I'd be as happy as a clam!

  3. [...] 11 very useful excel keyboard shortcuts you may not know [...]

  4. [...] an Excel Conditional Formatting Rock Star 11 very useful excel keyboard shortcuts 73 Free Designer Quality Excel Chart Templates Tracking mutual fund / Stock portfolios using Excel [...]

  5. 1xoid1 says:

    Hello Chandoo, thanks for sharing this information. With some of the shortcuts I seem to have difficulties as they do not seem to work on the German keyboard.

    Can you maybe verify that those combos are only working with the keyboard setup you are using? What would be a good source to lookup combinations for other layouts?

    Regards, 1xoid1

  6. Chandoo says:

    @1xoid1 ... Thanks for visiting PHD and taking timeout to ask your question. Unfortunately all my German can be summarized to one phrase: "guten tag".

    I wont be able to help you, but I can request other readers to respond. So if you know German or use German keyboard and can answer 1xoid1's question, then you get a free donut.

    Guten Tag 🙂

  7. Martin Williamson says:

    To Sam Krysiak.
    Shortcut to Autofit Selection (assuming you mean autofit columns). If you right click toolbar, click customise. From Commands tab/Categories select Built-in Menus.

    In Categories window scroll down and select Columns and drag drop it onto toolbar. Then click the new toolbar Columns button and drag drop Autofit button onto your toolbar (note Autofit for Columns will no longer appear in your menus, only on toolbar).

    Remove Columns button from toolbar (if you want to keep clutter down) drag and drop it off of your toolbar.

    Close Customise box.

    Now to Autofit columns just press "Alt" then "A".

  8. Martin Williamson says:

    Comment 8 correction - 2nd paragraph should read
    "In Commands window...

  9. Robert says:

    @1xoid1:

    Read the following text as follows: The key ,[;] is the one right to the M on the German keyboard. Here are the differences you have to know when using a German keyboard:

    2. Press strg .[:] for inserting the current date (and strg shift .[:] for inserting current time)

    3. Press strg ,[;] to copy values from cell above

    8. Press strg shift –[_] to apply an outline border

    10. Press strg-shift S to activate the font drop down (Schriftgroesse)

    11. Press strg-shift G to activate the font size (Groesse)

    Number 10 and 11 do not work with Excel 2007 anymore, but strg-shift-P shows the font tab of the cell format dialogue in Excel 2007.

    All other shortcuts should work on a German keyboard exactly as Chandoo described them.

    More information needed? Download a complete list with all shortcuts for Microsoft Excel in German (for free):

    http://www.freeware-download.com/downloaddetails/5655.html

    @Chandoo: please do not send a donut, unless you are able to attach one to an email. Otherwise the donut might be able to walk by itself, when it arrives here in Germany...

  10. Robert says:

    I forgot to mention:

    For all readers using an English keyboard: Chip Pearson offers a comprehensive list of Excel shortcuts on the English keyboard:

    http://www.cpearson.com/excel/ShortCuts.aspx

  11. [...] your own keyboard shortcuts in Excel 2007, knowing a few keyboard shortcuts in excel is a huge help. Lyte Byte describes a nifty way to create your own key board shortcuts in [...]

  12. [...] Select a bunch of cells and click on the Sigma symbol on the standard tool bar. Alternatively you can use Alt+= keyboard shortcut. [...]

  13. Prashant R.Moholkar says:

    I do some data entries column A,column B ,Column C , A and B have 10 to 12 digit codes , C has the names ; Kindly suggest me a format or formula for excel to avoid duplication of entries in all the the three columns.

    Regards,
    Prashant

  14. Chandoo says:

    @Prashant... You can use conditional formatting to highlight duplicate entries in the three columns. That way whenever you type a dupe value in a cell the formatting would highlight the values so that you can avoid the error.

    check this post for more on using this way to handling duplicates: http://chandoo.org/wp/2008/03/13/want-to-be-an-excel-conditional-formatting-rock-star-read-this/

    If you are looking for a way to remove duplicates from an existing range, you can try one of the various techniques we have described here. Try these tips:

    http://chandoo.org/wp/2008/11/06/unique-duplicate-missing-items-excel-help/
    http://chandoo.org/wp/2008/08/01/15-fun-things-with-excel/

  15. [...] good alternative (although manual) is to use keyboard shortcuts CTRL + ; or CTRL + : to insert current date and time in the active cell. Since this places the [...]

  16. GesyimmeliA says:

    Your site doesn't correctly work in safari browser

    • Chandoo says:

      Hi GesyimmeliA: Can you tell me which version of Safari on which OS has this problem. I use Macbook at home and loaded the site quite often in Safari and never seen any layout or content issues. Are you facing any script issues while posting comments or somethings like that ?

  17. Daniel Shi says:

    Hey Chandoo. Great site. Learning lots.

    My favorite Excel shortcut has got to be Alt+Down when over an autofilter drop down. Learning that changed my life. That was one of the last things I needed to use a mouse for. Changed my life.

  18. [...] are a big advocate of keyboard shortcuts. I think learning a handful of keyboard shortcuts can improve your productivity tremendously, [...]

  19. Barbara says:

    My favourit keyboard shortcut is control and 1 (use the 1 above the letters on the keyboard, not the number pad) for format cells.

  20. DJ says:

    Favourite shortcut: alt + shift + right/left arrow for grouping/ungrouping!

  21. [...] Select a bunch of cells and click on the Sigma symbol on the standard tool bar. Alternatively you can use Alt+= keyboard shortcut. [...]

  22. [...] clicking on these: excel keyboard shortcuts, excel mouse tips & tricks, excel productivity tips part 1 & part [...]

  23. M Meraz says:

    Martin Williamson thanks for the autofit tip! You rock.

  24. Ayan says:

    In order to generate charts/bar graph with a single key:

    1. Select the data
    2. Press F11
    3. Magic.... 🙂

  25. DiverseIT says:

    F3 = Paste a Name or the entire list of Names
    Crtl + F3 = Name Manager
    Crtl + : = Inserts current time.
    F12 = Save As

  26. DiverseIT says:

    Mistake!
    Crtl + Shift + : = Inserts current time.

  27. JAY SHANKAR says:

    SIR U R THE BEST PERSON WHO SHARES A WONDERFULL AND IMPORTANT TIPS IN EXCEL. THANKS AND KEEP ROCKING.

  28. Amit says:

    How do i hide / unhide a work sheet using the keyboard.

  29. PARBATI says:

    input in one cell 1a23bc output in two cell one of 123 and other one is abc how to possible, please help me.

  30. Woj says:

    Hey cool shortcuts but excel have more shortcuts then you listet.

    i find a big database of supportet shortcuts for Excel 2007 here
    http://www.veodin.com/excel-2007-shortcuts/

  31. jayjaymartin says:

    Great article with some very useful follow-up comments and tips.

    One simple question … how do you vertically align the drop-down filter button in a cell with a larger than normal height?

    It’s easy enough to do so with a cell’s contents but the drop-down filter button stubbornly remains at the bottom and I need it at the top!

    I’ve looked everywhere and haven’t located an explanation to what I am sure is considered an Excel basic.

    Cheers

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