Sunday, October 25, 2020
SUMPRODUCT is one of Excel's most-powerful function for summarizing data. It offers much of the power of array formulas, but without the complications.

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 and SUMPRODUCT functions both can return the sum of a column of data under specified conditions. But which calculates more quickly?

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. ...
In one SUMPRODUCT formula, you can summarize any number of specific accounts in a list. This makes it easy to summarize financial data from an accounting trial balance.

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...
The SUMIFS function returns a sum for nearly any number of single criteria. But with SUMPFODUCT you can return the sum for many criteria listed in a Criteria List.

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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Learn How to Use Excel to Track the US Recovery from the Covid Recession

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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...
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