All articles with 'sumproduct' Tag

Last week, we had a home work on Calculating Donation Summaries using Excel Formulas. This is a good case where array formulas can help us. So today, we will learn how we can use Array Formulas to compare lists of values and calculate summaries. Towards the end of this post, you can see a video that explains the solution to Donation Summary Calculation problem.

We have some home work folks! Today, lets test your Excel formula skills by giving some data related to a fund.

The problem:
You manage a fund for a non-profit. You have donors who pledge certain amount at the start of the year. As you go thru the year, the donors donate money to your fund. At the end of the year, you have a table like above. And you need to summarize the fund’s performance by calculating various statistics.

Go

How often have you had a simple table where you want to lookup a value or add up some values meeting a criteria?

This post looks at a simple way to do a 2D Lookup or 2D Sum of a values from within a 2D range with multiple criteria, without complex Sum, Offset, Index, Match, Sumifs or other functions, simply using Sumproduct

Purpose of the dashboard:

This is a guest article written by John for our Excel Dashboard Week.

This Dashboard was constructed for a number of reasons, one of which was to reduce the number of reports produced with the same data ( up to 6 separate files ). As we all know, when it comes to senior management and reports / files the more information they can get on one report / file the better for them. So, with this in mind I created the Dashboard to show the data they need to see “quickly” each week.

Here is a fun formula to write.

Given a number in cell, I want you to find the sum of digits in it. So, for eg. if you have the number 3584398594 in a cell, the sum would be =3+5+8+4+3+9+8+5+9+4, equal to 58.

Now, how would you write a formula to find this sum automatically based on the number entered in the cell?

Go ahead and figure it out. If you can, come back and check your answer with mine below.

In many industries, bulk commodities are received or delivered in batches or parcels of various quantities and with various properties.
This post will look at one option for scheduling these commodities within Excel.

Situation

So far we have seen what VLOOKUP formula is and how to put it to some nifty uses. Today, we will go one step further and learn how to do 2 Way Lookups.

What is a 2 Way Lookup?

Lookup is when you find a value in one column and get the corresponding element from other columns. 2 Way Lookup is when you lookup value at the interesection corresponding to a given row & column values.

For example, assuming you have data like below, and you want to findout how much sales Joseph made in month of March, you are essentially doing a 2 way lookup.

Read more to find how to solve this.

Ok, you have learned how to write vlookup formulas. You have also seen some pretty interesting examples of it (1, 2).

But how do you write better VLOOKUP formulas?

Here is a list of 6 tips that work wonders with VLOOKUP writing.

SituationNot always we want to lookup values based on one search parameter. For eg. Imagine you have data like below and you want to find how much sales Joseph made in January 2007 in North region for product “Fast car”? Read more to find how to solve this.

Denice, an Excel School student emailed me an interesting problem. I have a bunch of data from which I want to find the sum of values that meet a criteria. But I also want to exclude any rows that are hidden. Well, we know how to find sum of values that meet a criteria – […]

In yesterdays post – Find Quarterly Totals from Monthly Data, we have learned how to use SUMPRODUCT formula to find totals by Quarter from a set of monthly values. The approach is fine, but has one glaring draw back. It only works when you have data for one year. In that post, Martin said, … […]

Here is a problem we face very frequently. You have a list of values by months. And you want to find out the totals by Quarter. How do you go about it? There are 2 options: You can make a pivot report from the data and then group dates in that to find totals by […]

This is second part of 2 part series on conditionally formatting dates in excel.

Highlighting Repeat Customers using Conditional FormattingIn yesterday’s post we have learned how to conditionally format dates using excel. In this article, you will learn how to use these conditional formatting tricks to highlight repeat customers in a list of sales records.

Steven, one of our readers from England sent me a Christmas gift tracker worksheet. I found it pretty cool, so made some minor changes to it and sharing it with you all so that you can have great time shopping for the holidays.

The workbook is full of lessons on conditional formatting, cell formatting, using formulas. Go ahead and download it today.

Today we will learn a new and exciting excel formula – the all powerful SUMPRODUCT.

At the outset SUMPRODUCT formula may not seem like all that useful. But once you understand how excel works with lists (or arrays) of data, the SUMPRODUCT’s relevance becomes crystal clear.