Wednesday, January 27, 2021
Simple spreadsheet edits can introduce costly Excel errors. Here are three techniques that can help you to reduce your errors in Excel.

Three Ways to Reduce Errors in Your Excel SUM Formulas

If you aren't careful, simple edits to your reports and analyses can cause significant errors. Years ago, for example, I heard about an expensive error...
Excel has a reputation for having many errors in reports and analyses. But you can use simple methods to reduce errors significantly. Here are seven of them.

Seven Ways to Avoid Errors In Excel Reports & Analyses

You can find many stories on the web about problems with spreadsheet errors. So I thought it would be useful to review some practical...
To reduce errors in reports, you should foot and cross-foot them. But Excel's floating-point arithmetic gets in the way. Here's how to fix the problem.

How to Foot and Cross-Foot Excel Reports in a Floating-Point World

At first glance, the following report is an ordinary one. It merely sums an Excel Table by Product and Region, and then foots and...
Many Excel reports leave managers knowing less than they did before. Here are five best practices to follow in planning your management reports.

Five Best Practices in Your Excel Reporting Strategies

Most Excel reports, forecasts, and analyses I've seen in my career could serve as excellent examples of what NOT to do in Excel. These reports...
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

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...

Latest Articles

To use Account Groups in Excel formulas, you first must define the groups. Here’s how to do it using either simple lists or Dynamic Arrays.

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...
We compare Excel's five columnar lookup functions.

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...
How to aggregate named groups of GL accounts.

How to Report GL Account Groups in Excel

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...
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