Saturday, November 26, 2022

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Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.
Accounting & Finance

How Fast Is Too Fast?

Charley Kyd -
0
(Originally published in Inc Magazine.) What typically tops the list of worries of the chief executive officers of fast growing companies? Financing that growth, according...

How to Smooth Data by Using the TREND Function

Two economists have introduced a new leading indicator, which predicts a recession soon. These Excel charts illustrate their insight. If they're correct, Excel users will be very busy in the months ahead.

Consumer Sentiment Suggests a 2022 Recession

Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.

Here’s How Inflation Could Affect the Value of Your Home

Featured Articles

Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

Analytical Methods Charley Kyd -
0
Excel users have at least two significant advantages over business professionals who rely on other analytical and reporting tools. First advantage: We Excel users can...
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 -
0
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 -
0
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 -
0
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...

Blog

Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.
Accounting & Finance

How Fast Is Too Fast?

Charley Kyd -
0
(Originally published in Inc Magazine.) What typically tops the list of worries of the chief executive officers of fast growing companies? Financing that growth, according...
As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.

Here’s How Inflation Could Affect the Value of Your Home

A shortage of truckers is one cause of the supply chain crisis in the US. This Excel chart suggests that the problem won't end soon.

An Excel Chart of a Major U.S. Supply Chain Problem

A Lesson in Excel Analysis Learned from Rising US Inflation

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

Business & Economics

If the formulas in your Excel reports and analyses display errors like #DIV/0! or #VALUE!, here are some simple ways to trap them.
Error Reduction

Error Handling in Excel Spreadsheets

Charley Kyd -
0
It’s virtually guaranteed. If you have a bunch of formulas like this… M43:   =C43/D43 …then the divisor, D43 in this instance, will have a value of...
The Weekly Economic Index (WEI) combines ten weekly measures to estimate the growth in the United States' GDP each week. It's the only measure of its kind.

Chart of the New Economic Index that Tracks GDP Weekly

Using the right Excel charts to display year-to-date variances can clarify budgets and spending problems. But using the wrong charts is a waste of time.

Show Useful Year-to-Date Variance Charts in Your Excel Dashboards

When your Excel formulas get their data from an Excel data worksheet, it's easy to set up weekly dashboard or other reports in Excel.

Weekly Dashboard Reporting with Excel

How to aggregate named groups of GL accounts.

How to Report GL Account Groups in Excel

Formulas & Functions

Excel's absolute cell references, like $A$1, confuse many Excel users. But the explanation is easy. Each dollar signs serv only one important purpose.
Worksheet Interaction

How to Use Absolute and Relative Cell References in Excel Formulas

Charley Kyd -
0
A reader sent me this question: Could you send me more details about using $'s like the following: =AVERAGE($6:$6) averages all data in ROW 6....
It makes sense to document your VBA programs. Here are four easy ways to help yourself and others know what your VBA programs are trying to do, and why.

Corporate VBA Standards for Excel Users Who Program

Here are the only two ways I know to set up formulas that look up data in an Excel Table, using more than one criteria.

Two Ways to Set Up Multi-Criteria Lookup Formulas in Excel

You can ratchet down errors in your Excel reports by using an Error Summary Table that uses conditional formatting to alert you to errors.

How to Set Up an Automatic Error-Checking System in Excel Reports

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

Excel Methods

The SUMIFS function returns a sum for nearly any number of single criteria. But with SUMPFODUCT you can return the sum for many criteria listed in a Criteria List.
Accounting & Finance

How to Use SUMIFS with Criteria Lists, Summarizing Sales

Charley Kyd -
0
With one exception, SUMIFS is a very powerful function. And it's very fast. To understand the one exception, suppose you have a table of sales...
Here are the only two ways I know to set up formulas that look up data in an Excel Table, using more than one criteria.

Two Ways to Set Up Multi-Criteria Lookup Formulas in Excel

To calculate the correct growth rate for your data you need to be clear about what you want your growth rate to signify. Here's how to work it out.

How to Calculate BOTH Types of Compound Growth Rates in Excel

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

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

How to Work with Dates Before 1900 in Excel

How to Work with Dates Before 1900 in Excel

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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 -
0
(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 -
0
(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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