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15 Excel Functions Accountants Should Know

howtoexcel — Tue, 28 Mar 2023 04:19:52 +0000

If you’re an accountant, you know that working with large amounts of data can be a daunting task. But with Excel, that work can get a whole lot easier and more efficient. Understanding Excel’s advanced features and functions can improve productivity, reduce errors, make your work more accurate, and most importantly — save you time. […]

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When to Use Subtotals In Excel

howtoexcel — Tue, 27 Dec 2022 06:39:37 +0000

Doing a simple summation in Excel is as easy as clicking on the AutoSum button or just using the SUM function. But in some cases, you don’t want to be summing up everything within a range. In those situations, you may want to use the SUBTOTAL function instead. In this post, I’ll go over how […]

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How to Calculate Streaks in Excel

howtoexcel — Tue, 22 Mar 2022 05:01:04 +0000

Do you want to calculate how long a team’s winning streak is, or how many cells in a row meet certain criteria? In this post, I’ll show you how you can calculate streaks in Excel. Unlike a simple count function, this will require being able to reset your count and go back to zero. I’ll […]

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How to Use Tags in Excel

howtoexcel — Thu, 07 Oct 2021 01:50:23 +0000

Did you know that you can group numbers in Excel using tags? By just listing all the categories an item should belong to, you can make it easier to group them. In this post, I’ll show you how you can use tags in Excel to efficiently summarize different categories. Creating tags Suppose you wanted to […]

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Use an Excel Array Formula to Do Multiple Calculations at Once

howtoexcel — Sat, 27 Jun 2020 03:31:07 +0000

Array formulas can be challenging to understand but they’re worth learning as they can create significant efficiencies for your spreadsheets. Below, I’ll show you how you can do two calculations within a single array formula in Excel. Using an array to categorize and sum data To demonstrate how to do multiple calculations, I’m going to […]

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How to Calculate Cumulative and Year-to-Date Totals in Excel

howtoexcel — Mon, 04 May 2020 01:47:25 +0000

Whether you’re tracking sales or costs in excel, it’s important to capture not just your monthly totals but your cumulative year-to-date amounts as well. And to do that in excel, you’ll need to calculate a cumulative sum. Ideally, you’ll want to see a current month’s total alongside the year-to-date figure. Below, I’ll show you how […]

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Calculating and Tracking Streaks with a Custom Function

admin — Wed, 28 Feb 2018 08:36:00 +0000

With the stocks markets tanking earlier this month, I thought it’d be interesting to track their historical performance and put into perspective just how badly things have been going lately. For those that don’t know, one of my side jobs is writing articles for the Motley Fool Canada and so naturally this example attracted my interest. […]

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Using Summation Formulas (SUM, SUMIF(S), SUBTOTAL)

admin — Sat, 20 May 2017 15:29:00 +0000

I have saved this sample file here if you would like to look at the data set and have a closer look at how the formulas work. In this post I will cover some simple summation formulas and when best to use them. I have a sample data set that has stores, customers, and total […]

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