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...
How to Use SUMPRODUCT in Excel to Summarize Worksheet Data
After I posted The Most Powerful Ways to Summarize Excel Data for Reporting and Analysis, a reader asked why I hadn't discussed the SUMPRODUCT function.
I told him...
Excel’s SUMIFS or SUMPRODUCT…Which is faster?
Today, I learned about an Excel reporting need that looks something like this:
There’ll be about 150,000 rows of data maintained in an Excel database.
...
How to Create Summarized Financial Statements with SUMIFS Criteria Lists
In How to Use SUMIFS with Criteria Lists, Summarizing Sales, I explained how to use the SUMPRODUCT function with SUMIFS to return the sum of...
How to Use SUMIFS with Criteria Lists, Summarizing Sales
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...
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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...
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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