Wednesday, January 27, 2021
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...

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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