All articles with 'Microsoft Excel Conditional Formatting' Tag
Do you want to simulate multiple cash-flow scenarios and calculate the rate of return? Then this article is for you. In this page, learn how to,
- Introduction to IRR & XIRR functions
- Calculate rate of return from a set of cash-flows with XIRR
- Simulating purchase or terminal value changes with data tables
- Apply conditional formatting to visualize the outputs
- Common issues and challenges faced when using XIRR
Risk comes from not knowing what you are doing. Warren Buffet If you ever ask a project manager what they are up to, they will tell you “I have no idea“. So risks are quite common in project management. That is why I made this awesome free Excel risk map template to keep track and […]Continue »
Let’s say you are starting at a large dataset with multiple columns. You need to make a pivot report from it for a client or manager. How would you go about it?Continue »
I recently finished a long consulting gig with one of the government ministries in New Zealand. Guess what I was doing? HR Analytics and Reporting. In this post, I want to share my top 5 Excel tips for HR people, based on what I learned in the last 18 months.
Specifically, we will cover:
- Gathering and structuring Employee data in Excel
- How to use Power Query to collect data
- Polish / clean data in Power Query
- Bring cleaner data to Excel as refreshable table
- Answering questions about employees
- Using Excel formulas such as COUNTIFS, SUMIFS, AVERAGEIFS
- Pivot tables for data analysis
- Understanding the results quickly with conditional formatting
- Understanding pay gap
- Calculating gender pay gap
- Visualize pay gap
- Creating salary distribution charts
- Working with histogram charts in Excel 2016 / Office 365
- Making interactive charts
- Generating letters thru mail merge
- Calculating employee bonus based on bonus mapping logic
- Creating 100s of letters with a single click using Mail Merge + Word
Sounds interesting? Read on for details.Continue »
Excel date time features are very handy and knowing how to use Excel date values can help you save a ton of time in your day to day spreadsheet chores. Let us prepare for your date with the sheet using these 10 handy tips.
Before jumping on to the tips, it helps to know how excel represents the date and time.
Microsoft Excel stores dates as sequential numbers … January 1, 1900 is serial number 1, and 20 June, 2018 is serial number 43271 because it is 43,271 days after January 1, 1900. Excel stores times as decimal fractions because time is considered a portion of a day. [Excel Help Text on Date / Time]
So you see, Date and Time are in fact numbers in Excel. Just enter a date in your excel sheet and format it as number to see its equivalent numeric value. If a date is
20-June-2018 and excel represents it as
Excel table is a series of rows and columns with related data that is managed independently. Excel tables, (known as lists in excel 2003) is a very powerful and supercool feature that you must learn if your work involves handling tables of data.
What is an excel table?
Table is your way of telling excel, “look, all this data from A1 to E25 is related. The row 1 has table headers. Right now we just have 24 rows of data. But I can add more later!”Continue »
FIFA world cup 2018 is around the corner. I love soccer, I love Excel, Let’s marry them. Here is an awesome, free FIFA world cup Excel Tracker to help you follow this year’s games in Russia.
What you can do with this FIFA world cup Tracker Excel?
You can use this tracker to,
- View schedules in your local time for group and knockout stages
- View summary and detailed points table
- Refresh live points table. When you refresh, the tracker show updated points based on latest results (You need Excel 2016, Office 365 or older versions of Excel with Power Query)
- View knockout stage matches as a bracket
- See timeline of the matches
On twitter I follow many charting and visualization related accounts. One of them is @Andy Kriebel, who runs Makeover Monday. The idea is simple. Every Monday they publish a data-set and ask the community to visualize. Last Monday (7th May, 2018), they have published about toughest sport by skill data. This categorizes 60 sports by 10 skill categories to find out which sport is the toughest. Over the weekend, Andy posted a summary of all toughest sport viz entries. Many of the entries are made in Tableau. I thought it would be a fun challenge to re-create some of these charts in Excel. The result is this post. 60 sports in 6 charts. Check out the charts and download workbook to learn more.
First four charts are re-creations of Tableau designs. Last two are mine.Continue »
The 2018 edition of Commonwealth games are on for a week now. Both of my homes – India and New Zealand have been doing so well. Naturally, I wanted to gather games data and make something fun and creative from it. Here is my attempt to amuse you on this Friday.
Looks interesting? Want to know how to make something like this on your own? Then read on…Continue »
Nishanth & Nakshatra, my kids are now 8 years old and learning mathematics at school. Very soon (from this Saturday), they will have 2 weeks of school term break. As a stay at home dad, I shudder at the thought of school holidays. So this time, I have an evil plan. I made maths worksheets for them. Everyday, I will print one and ask them to complete.
If you are a stay at home parent and want to keep your kids busy for a few minutes every day, grab a copy of this and give it a go. Keep in mind that the workbook uses RANDBETWEEN(), so the numbers change every time. If you have multiple kids, print multiple copies. There are no answer sheets, so when you need to check the answers, you too must calculate them by hand.Continue »
It is Easter time. This is the first Easter we are celebrating in our new house. So it is bound to have so many special memories. For last 10 years (wow, it has been a decade of tradition), I have been running Excel based egg hunts every Easter. It all started in 2009, when I was living in Sweden (where Easter is a BIG thing). I had to share the enthusiasm with someone, so I made our first Easter egg hunt on the blog.
This year, join me on an Excel themed cryptic crossword clues – Easter egg hunt. Don’t forget to share your scores and explanations in the comments.Continue »
I believe in frugal living and paying yourself first. One of the simple ways to achieve this is by using a budget. You know how much money you get. Once you can track (or estimate) how much you are spending, it is easy to see how much you are paying your future self and what wiggle room you have. So in the spirit of making you awesome in life, not just Excel, let me share a simple but elegant household budget spreadsheet.
Here is a screenshot of the budget.
Here is a New year gift to all our readers – free 2018 Excel Calendar & daily planner Template.
This calendar has,
- One page full calendar with notes, in 4 different color schemes
- Daily event planner & tracker
- 1 Mini calendar
- Monthly calendar (prints to 12 pages)
- Works for any year, just change year in Full tab.
Time for another round of unconditional love. Today, let’s learn about conditional formatting top tips. It is one of the most useful and powerful features in Excel. With just a few clicks of conditional formatting you can add powerful insights to your data. Ready to learn the top tips? Read on.Continue »
We had to switch power providers soon, so I started reviewing the options. There are heaps of providers in New Zealand and each offer a ton of different plans. Some offer welcome bonus or credit worth up to $ 200. Other offer straight forward rates. Some others offer discount if you sign up for both electricity and gas with them. So how do you decide which one is better for you?
Using Excel of course.
The result is awesome. I ended up saving more than $1000 with a simple model. Puzzled? Curious? Check out this short but powerful video tut.Continue »