Monday, July 26, 2021

Recent Content

Excel users made such a mess of nested IF functions that Microsoft created the IFS function to help. Here's how to tame both functions.
Formulas & Functions

How to Tame Nested IF Functions in Excel

Charley Kyd -
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When I review my Excel formulas from many years ago, one of the types of formulas that I'm most embarrassed about today is the...
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

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

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

Featured Articles

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...
This Excel dashboard report lets you follow key economic trends while showing you how to gain a HUGE increase in your Excel productivity at work.

Track Key Economic Indicators Every Weekday with this Excel Dashboard

Training & Solutions Charley Kyd -
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You can update this Excel dashboard report every weekday—with one command—if you have Excel 2016 or above. This report of current economic data introduces you...

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

Here's how we Excel users can replicate one report or analysis across many similar categories of data, like regions, products, departments, and so on.
Business & Economics

How to Reproduce Your Excel Work Across Many Categories, Part 1...

Charley Kyd -
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A member of an Excel forum recently asked how to solve a problem that many Excel users face in various forms. In his particular case,...
This Excel chart of High-Low-Open-Close stock data shows key methods you can use in charts...even those that have nothing to do with the stock market.

Using Excel XY (Scatter) Charts for Stock Analysis with HLOC Plots

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

These Excel column charts of employment, business lending, and freight shipments show mixed signals about the current health of the US economy.

Excel Bar Charts with Economic Indicators

This figure uses the Chicago Fed's National Financial Conditions Index to illustrate how to create an Excel panel chart.

US National Financial Conditions Using Excel Panel Charts

Formulas & Functions

Excel offers two powerful worksheet functions that can return the data you need from any type of worksheet database. One is more powerful, but calculates slowly. The other is nearly as powerful, but much faster.
Data Management

The Two Functions You MUST Know to Return Values from Excel...

Charley Kyd -
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“Export to Excel is the 3rd most common button in BI apps…after OK and Cancel.” —Rob Collie, one of the founding engineers behind PowerPivot at...
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 Handling in Excel Spreadsheets

In a workbook with many sheets, you easily can select the sheet you want from a list of sheet names in your workbook. And you don't need VBA to do it.

Quickly Find a Worksheet in an Excel Workbook With Many Sheets

Your Return On Equity ratio is a key indicator of financial health. This report lets you show the components of that ratio in a unique Excel display.

Map Your Financial Health With an Excel DuPont Dashboard

Excel's XY (or "scatter") charts provide amazing power. This introduction to XY charts offers a fun way to learn more about this powerful chart type.

Fun with XY (Scatter) Charts in Excel

Excel Methods

Does Excel's INDEX worksheet function work for you only some of the time? Here are ways to learn why your INDEX function isn't working as you expect.
Excel Methods

How to Debug INDEX in Excel

Charley Kyd -
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"I'm not a very experienced Excel user. Why does = INDEX(...) sometimes work and sometimes not.... :-)?" -- Suzan G. Probably the best way to...
Excel offers several ways to summarize data quickly and easily. Here are the most powerful and flexible approaches, which include using Excel array formulas.

The Most Powerful Ways to Summarize Excel Data for Reporting and...

The Rule of 72 is a guesstimate of how long it will take an investment at a specific interest rate to double in value. But how accurate is it? Ask Excel.

Excel and the Rule of 72

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

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

Array formulas may be Excel's most-powerful feature for summarizing data. But they're also a little-used feature of Excel. Here's how to use their power.

How to Summarize Spreadsheet Data with Excel’s Array Formulas

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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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