Thursday, February 22, 2024
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...
Simple spreadsheet edits can introduce costly Excel errors. Here are three techniques that can help you to reduce your errors in Excel.

Three Ways to Reduce Errors in Your Excel SUM Formulas

If you aren't careful, simple edits to your reports and analyses can cause significant errors. Years ago, for example, I heard about an expensive error...
Does your company need to make scheduled payments to companies that don't send invoices? This worksheet will help to plan those cash requirements.

Manage Periodic Payments with an Excel Cash Calendar

Most companies must write checks periodically to companies that don't send invoices. Often, their accounting systems provide little help in keeping track of these...
Excel's range names offer great power and flexibility. And they're not hard to use. Here's an introduction to the power that Excel provides.

Introducing the Power of Excel Range Names

Many Excel users seldom use range names. This fact always surprises me because Excel names are powerful, flexible, and easy to use. Excel offers two...
Most range names in Excel apply to the entire workbook. But you also can define them to apply only to one worksheet. Here's why and how to do that.

How and Why to Define Excel Range Names with a Worksheet Scope

In Excel, a name can be global to a workbook or local to a worksheet. The traditional method we all use when we create...
Excel's dynamic range names give your formulas the power to adapt automatically in response to changes in your data or settings. Here's how to set them up.

How to Create and Use Dynamic Range Names in Excel

(Download the example workbooks.) We Excel users often refer to ranges that need to move or expand in future versions of our reports. For example: ...
Pivot Tables aren't merely a way to interact with your data. You also can use them as a rich source of data for standard reports and analyses. And you don't need to limit formulas to GETPIVOTDATA; you also can use SUMIFS, SUMPRODUCT, and all other Excel functions with pivots. Here's how.

How to Set Up a Pivot Table as an Excel-Friendly Database

You can use a Pivot Table as a database in the same way that you can use Excel Tables and other Excel-Friendly Databases (EFDs). In...

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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...
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