Thursday, September 23, 2021

Recent Content

Two unusual formulas can use the SEARCH or FIND functions to search any number of cells for any number of words—almost instantly.
Data Management

How I Set Up SEARCH and FIND Formulas on Steroids

Charley Kyd -
0
I've used Excel long enough to recognize when I've stumbled across an unusual formula. And it happened again a few minutes ago. In the past,...
Use this unique Excel dashboard to track the general rate of inflation, your personal rate, and the rate of the goods and services you buy.

Inflation Tracker Excel Dashboard with Consumer Prices

Excel's Quick Access Toolbar can save you many clicks and needless work. Here are the eight QAT tools that I use, and how I use them.

Eight Great Tools for Your Quick Access Toolbar

Update this Excel dashboard with 15 key US mortgage interest rates every business day, with one command. Each chart shows 71 days of rates.

Mortgage Rates Excel Dashboard

How to Set Up Multiple Conditional Formats with Formulas

Featured Articles

Use this unique Excel dashboard to track the general rate of inflation, your personal rate, and the rate of the goods and services you buy.

Inflation Tracker Excel Dashboard with Consumer Prices

Business & Economics Charley Kyd -
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U.S. President John F. Kennedy once said of a growing economy, "A rising tide lifts all boats." However, a rising inflationary tide does not lift...
Using Excel's LET, SORTBY, and SEQUENCE functions, and dynamic arrays, you easily can list any number of top and bottom results from a Table.

How to Report Top and Bottom Results Using Dynamic Arrays in Excel

Array Formulas Charley Kyd -
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In How to Use Excel’s LET Function, I showed several examples of a powerful function that Microsoft added to Excel 365 in the summer...
How to aggregate named groups of GL accounts.

How to Report GL Account Groups in Excel

Accounting & Finance Charley Kyd -
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Believe it or not, this income statement is quite sophisticated. It's not nearly as simple-minded as it looks. In fact, this income statement illustrates a...
In Excel, you can report named groups of GL account numbers, product codes, and so on—just as you report one such number. Here’s how.

How to Use Array Formulas to Report Groups of Accounts

Accounting & Finance Charley Kyd -
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Often, in accounting, marketing, and other departments, we'd like to report and analyze groups of items rather than one item at a time. In Part...
Use this Excel dashboard to track 27 economic indicators of the United States' recovery from the Covid-19 recession.

Learn How to Use Excel to Track the US Recovery from the Covid Recession

Training & Solutions Charley Kyd -
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The Covid recession is the worst recession the world has experienced since the Great Depression. And the Recovery Tracker workbook and Excel training can...

Blog

Analytical Methods

A Lesson in Excel Analysis Learned from Rising US Inflation

Charley Kyd -
0
Looking at the trends in the annual rate of change (ROC) of business and economic measures is an excellent way to reveal hidden information...
Here's how you can split delimited text into an array with a short Excel formula, and then wrap the formula with the INDEX function to return any value from the array.

How to Split and Index Delimited Text with Excel Formulas

Berkshire Hathaway is raising prices, and their costs are increasing. Inflation is on the rise. These Excel charts illustrate the the problem.

Warren Buffett, Inflation, and Excel

Add Low-Overwhelm Context to Your Line Charts

When you're refinancing, this chart allows you to use the tip of your finger trade off your monthly payments and your total payments as you consider the term of your loan.

Calculate Mortgage Payments and Your ROA with an Excel CalcPlot Chart

Business & Economics

Three More Simple Tricks to Improve Excel Charts for Business
Analytical Charting

Three More Simple Tricks to Improve Excel Charts for Business

Charley Kyd -
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In 3 Simple Tricks to Improve Analytical Charting in Excel, I showed you how to shift time periods, index your data, and chart your rate...
Spreadsheet users in businesses have distributed management dashboard reports for more than 30 years. Here's an example from the early days of spreadsheets.

The First Spreadsheet Dashboard: Mini-Graph Reports in Lotus 1-2-3

This Excel table shows the top and bottom five results, with charts that show the most recent three month trends. And it updates automatically.

Show Top and Bottom Results in a Chart-Table

Excel's STOCKHISTORY function can return decades of history about the prices of stocks for thousands of public companies from many countries. Here's an introduction to that function.

Introducing Excel’s STOCKHISTORY Function

Here's how to add sources and uses of funds to your company's Balance Sheet in Excel to get a clearer picture of how the changes affect your cash flow.

Use this Excel ‘Cash Flow Balance Sheet’ to See Sources &...

Formulas & Functions

Although Excel provides two worksheet functions that ignore filtered rows in a Table, nearly any function can ignore those hidden rows if you use this new trick.
Excel Methods

Use a ‘Visible’ Column in Formulas to Ignore Hidden Rows in...

Charley Kyd -
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Excel Tables, introduced in Version 2007, give us the ability to use column filters to hide rows in a Table. And slicers for Tables, introduced...
Most range names in Excel apply to the entire workbook. But you also can define them to apply only to one worksheet. Here's why and how to do that.

How and Why to Define Excel Range Names with a Worksheet...

When conditional formatting rules conflict, Excel can deliver unexpected formatting results. These two guidelines make Excel's logic clear.

How Excel Manages Conflicting Conditional Formats with Formulas

When you include several charts in one report, your managers must THINK about each chart to decide if it shows good news or bad. Here's a fix for that.

How to Remove a Speed Bump From Your Excel Charts

Here's how to use formulas and conditional formatting to expand or contract your Excel report automatically, without macros, when you change a cell value.

Create Variable-Length, Dynamic Reports Linked to Excel Tables

Excel Methods

We compare Excel's five columnar lookup functions.
Downloads

XLOOKUP vs VLOOKUP vs INDEX-MATCH vs SUMIFS

Charley Kyd -
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SUMIFS? Really? Why is SUMIFS included among those lookup methods? I'll explain in a few minutes. But first, let's look at the lookup methods shown in...
Most Excel users need to look up data in workbooks. But what's the best lookup method?

Excel’s VLOOKUP vs INDEX-MATCH Functions

Most range names in Excel apply to the entire workbook. But you also can define them to apply only to one worksheet. Here's why and how to do that.

How and Why to Define Excel Range Names with a Worksheet...

How to Use SUMPRODUCT to Find the Last Item in an Excel List

How to Use SUMPRODUCT to Find the Last Item in an...

The LET function is the most powerful function that Microsoft has released for Excel in years. Here's an introduction to its features.

How to Use Excel’s LET Function

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Popular

When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Here's the first of two methods.

How to Delete Blank or Unneeded Rows, Method 1

Worksheet Interaction Charley Kyd -
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When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Often, you’ll want...
When you want to look up data in Excel, you should never use a worksheet function with "lookup" in its name. Here's why...

Why INDEX-MATCH Is Far Better Than VLOOKUP or HLOOKUP in Excel

Downloads Charley Kyd -
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(Download the workbook.) Excel’s VLOOKUP function is more popular than the INDEX-MATCH function combination, probably because when Excel users need to look up data then a "lookup" function...
Excel provides several worksheet functions for working with normal distributions or 'bell-shaped curves.' This introduction to Excel's Normal Distribution functions offers help for the statistically challenged.

An Introduction to Excel’s Normal Distribution Functions

Business Statistics Charley Kyd -
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(Download the workbook.) When a visitor asked me how to generate a random number from a Normal distribution she set me to thinking about doing statistics...
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