Thursday, February 22, 2024
It should have been a simple Excel formula. But it became a two-part puzzle needing arrays, ASCII, and text concatenation to answer.

A Two-Part Excel Puzzle, with Arrays, Text, ASCII, and Concatenation

Recently, I needed to compare two long columns of text of various lengths to make sure that each row of text in column A...
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

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

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...
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...
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...
How to Use SUMPRODUCT to Find the Last Item in an Excel List

How to Use SUMPRODUCT to Find the Last Item in an Excel List

Suppose you have a Sequential List of items, as in the second table in the figure below. And suppose you want to show the...

How to Use SUMPRODUCT to Create Two-Dimensional Lookups in Excel Formulas

A friend recently asked, "In this table, how can I return the date where the lowest value occurs?" More generally, however, he was asking how to...
Array formulas may be Excel's most-powerful feature for summarizing data. But they're also a little-used feature of Excel. Here's how to use their power.

How to Summarize Spreadsheet Data with Excel’s Array Formulas

Subtotals can reveal very useful management information. For example, managers might be interested to learn that sales increased by 10% last month. But they would...
Excel's SUMPRODUCT function offers much of the power of Excel array formulas, but without special treatment.

Use Excel’s SUMPRODUCT 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...

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Excel Flowbook Revolution

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,...
Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.

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...