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Formulas & Functions

    Virtually everything business users do with Excel involves worksheet formulas and functions. And this category concentrates on that topic.

    This category also includes what Microsoft calls “Names”—which many of us call “Range Names.” More accurately, however, “Names” are named formulas.

    Check tags for information about specific functions.

    Latest
    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

    Formulas & Functions 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...
    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

    Formulas & Functions Charley Kyd -
    0
    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...
    Here's how to create an Excel array from two others, with the arrays stacked either one on top of the other, or side-by-side, like books on a shelf.

    How to Stack and Shelve Dynamic Arrays

    Formulas & Functions Charley Kyd -
    0
    While using Excel 365 recently, I needed to create one dynamic array that would consist of two arrays, with one stacked on top of...
    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

    Array Formulas Charley Kyd -
    0
    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

    Formulas & Functions Charley Kyd -
    0
    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

    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...
    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

    Blog Charley Kyd -
    0
    The workbook that supports the following figure does a lot of work! First, it uses Power Query to download the weekly unemployment claims and the...
    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 Charley Kyd -
    0
    I’ll explain the meaning of this chart figure shortly. But first, let’s look at it from an Excel perspective. (Note: I’ve begun to use economic...
    Microsoft tells us that many worksheet functions are 'deprecated' or that thy're 'compatibility' functions. Here what that means and why you should care.

    What’s a ‘Deprecated’ Function in Excel?

    Formulas & Functions Charley Kyd -
    0
    Wikipedia tells us that deprecation is a status applied to a computer software feature, characteristic, or practice indicating it should be avoided, typically because of being superseded. Each new generation of...
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    Latest 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

    Formulas & Functions 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...
    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

    Formulas & Functions Charley Kyd -
    0
    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...
    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

    Accounting & Finance Charley Kyd -
    0
    Decades ago, I worked as a cost accountant for a large company. But because our department received terrible reports, I wrote my own reports...using...
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