How to Define General Ledger Account Groups in Excel
In Part 1 of this series, How to Report GL Account Groups in Excel, we explored the strategy for creating financial reports that use...
XLOOKUP vs VLOOKUP vs INDEX-MATCH vs SUMIFS
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...
Using the Hidden Power of Excel’s FILTER Function
When you take the time to explore a new worksheet function, it's amazing what you can discover!
And I won't tell you about the really...
How to Create Monte Carlo Models and Forecasts Using Excel Data Tables
(Download the workbook.)
(This is the second of two articles about normal distributions. The first article is, How to Return Random Numbers from a Normal...
How to Use Excel Formulas to Calculate a Term-Loan Amortization Schedule
"How do I calculate cumulative principal and interest for term loans? I have scoured the web for a function that will perform this task,...
Find Leading Indicators Using Automated Cross Correlations in Excel, Part 1
It all seems so simple...
To improve your forecasts of sales or other measures, you simply need to find leading indicators...measures that are highly correlated...
How to Report Top and Bottom Results Using Dynamic Arrays in Excel
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...
Why INDEX-MATCH Is Far Better Than VLOOKUP or HLOOKUP in Excel
(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...
How to Use Excel’s LET Function
In the summer of 2020, Microsoft introduced the LET function for Excel 365—one of the most-significant new worksheet functions that Microsoft has introduced in...
Simple Transformations Can Reveal Hidden Patterns in Your Data
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...
Latest Articles
Getting Radical with Excel
It's time to think about Excel in a radical new way—when we use it to work with business or economic data.
It's time, in fact,...
How Fast Is Too Fast?
(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
Years ago, I read that Prof. William S. Cleveland had suggested that data could be smoothed by calculating a centered trendline through adjacent data—a...
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