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

Published on Jul 3, 2024 in Excel Howtos

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

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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Compound Interest Formula in Excel

Published on Apr 2, 2024 in Learn 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

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

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

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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What is XLOOKUP and how to use it in Excel?

Published on Mar 12, 2024 in Excel Howtos

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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Loan Amortization Schedule in Excel – FREE Template

Published on Feb 20, 2024 in Financial Modeling, Learn Excel

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

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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Published on Feb 6, 2024 in Learn Excel, Templates

Do you want to manage your staff’s allocations, shift schedules and view the results in a 4 week grid fashion (like below)? Then you are going to love my FREE Staff Roster Excel Template. What can you do with this template? Template Compatibility This template is designed to work with modern Excel only. You need […]

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How to calculate time between two dates in Years, Months & Days [Excel Formula]

Published on Jan 29, 2024 in Excel Howtos, Learn Excel

Let’s say you have two dates in the cells D4 & D5 as above. You want to find out the duration in years, months & days between both. We can use the good-old DATEDIF formula for this.

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FREE Calendar & Planner Excel Template for 2024

Published on Jan 7, 2024 in Learn Excel, Templates

Here is a fabulous New Year gift to you. A free Calendar & Activity planner made entirely in Excel. A fully customizable and flexible calendar for all your planning needs.

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Calculating Critical Path using Excel Formulas [Project Management]

Published on Oct 3, 2023 in Learn Excel, Project Management

Do you know that we can easily calculate the critical path for a project using Excel formulas?

For a long time, it has been tricky to calculate the Critical Path using Excel formulas. But thanks to the arrival of new Dynamic Array functionality in Excel, we can now calculate critical path. In this article let me describe the approach with an example.

Put on your hardhats, this one is going to blow your minds.

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How to make a pivot table when you have data in multiple sheets [Tutorial]

Published on Sep 26, 2023 in Learn Excel, Pivot Tables & Charts, Power Query

Recently I had to create a Pivot report from monthly data. But there is a twist. The data is spread across multiple sheets, one for each month. Let me explain how I built the pivot for that scenario.

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Python is in Excel! – Here is a complete getting started guide for you

Published on Sep 5, 2023 in Learn Excel, Python

Python ? is in Excel now! Learn how to use Python in Excel with Sample data, 10 Code Examples and tips with this complete guide.

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