Excel tutorials, functions and advanced formula examples

How to use Excel IRR function to calculate internal rate of return

IRR in Excel is one of the financial functions for calculating the internal rate of return, which is frequently used in capital budgeting to judge projected returns on investments. Continue reading

How to calculate NPV in Excel - net present value formula examples

Microsoft Excel has a special function for calculating NPV, but its use can be tricky especially if you have little experience in financial modeling. The purpose of this tutorial is to show you how the Excel NPV function works and point out possible pitfalls when calculating the net present value of a series of cash flows. Continue reading

Excel ribbon: quick guide for beginners

As with other Office applications, Excel ribbon is your primary interface that contains every command and feature you'll ever need. What to know what Excel is capable of? Go explore the ribbon! Continue reading

Customize Excel ribbon with your own tabs, groups or commands

Introduced in Excel 2007, the ribbon allows you to access most of the commands and features available in Excel. Why would you want to customize the ribbon? Perhaps you will find it convenient to have your own tab with your favorite and most used commands at your fingertips. Continue reading

How to show, hide and restore missing ribbon in Excel

Ribbon is the central point of whatever you do in Excel, the area where most of features and commands available to you reside. Do you feel the ribbon takes up too much of your screen space? No problem, one click of your mouse, and it is hidden. Continue reading

Quick Access Toolbar in Excel: how to customize, move, reset and share

Getting to the commands you use most often should be easy. And it is exactly what the Quick Access Toolbar is designed for. Add your favorite commands to the QAT so they are only a click away no matter what ribbon tab you currently have open. Continue reading

Hotfix for Windows 10 update 1903: Excel and Outlook add-ins

Recently we have received a few reports about problems with our task pane-based add-ins, such as Template Phrases for Outlook or Add Text for Excel. We investigated the problem and found out that Microsoft has prepared us and our users … Continue reading

Developer tab in Excel: how to add, use and remove

You want to access one of advanced Excel features but are stuck at the very first step: where's the Developer tab they all talk about? The good news is that the Developer tab is available in every version of Excel though it is not enabled by default. This article shows how to quickly activate it. Continue reading

How to calculate percentage variance in Excel - percent change formula

In Microsoft Excel, there are 6 different functions for calculating variance but all of them are designed to find variance in the classical sense, i.e. how far a set of values are spread out from their average. In this article, you will learn how to calculate percentage variance between two cells. Continue reading

How to calculate variance in Excel - VAR, VAR.S, VAR.P and other functions

Variance is one of the most useful tools in probability theory and statistics. In science, it describes how far each number in the data set is from the mean. In practice, it often shows how much something changes. In this article, we will analyze different methods of calculating variance in Excel. Continue reading

How to add vertical line to Excel chart: scatter plot, bar chart and line graph

Even in the modern versions of Excel, there is no easy way to insert a vertical line in a chart. However, "no easy way" does not mean no way at all. We will just have to do a little lateral thinking! Continue reading

The final Ultimate Suite for Excel 2018.5 is out

I am happy to announce that our 2018.5.1952 Ultimate Suite for Excel is published! This is the final release of the 2018 generation. The release was created for the latest updates of Office 2013, 2016, 2019, and Windows 10. It … Continue reading

Google Sheets percentage formulas - usage and examples

You may think percentage calculations are useful only if you use them for work. But in reality, they help you in everyday life. Do you know how to tip properly? Is this discount a real deal? How much will you pay with this interest rate? Come find the answers to these and other similar questions in this article. Continue reading

How to make a loan amortization schedule in Excel (with extra payments)

The tutorial shows how to make an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage, including an amortization schedule with extra payments and a variable number of periods. Continue reading

Excel IPMT function to calculate interest portion of a loan payment

The interest portion of a loan payment can be calculated manually by multiplying the period's interest rate by the remaining balance. But Microsoft Excel has a special function for this – the IPMT function. In this tutorial, we will go in-depth explaining its syntax and providing real-life formula examples. Continue reading

How to compare data in two Google sheets or columns

Whether there's summer knocking on our doors or winter invading Westeros, we still work in Google Sheets and have to compare different pieces of tables with one another. In this article, I'm sharing ways of matching your data and giving away tips on doing that swiftly. Continue reading

Excel PPMT function with formula examples

When you make periodic payments on a loan or mortgage, a certain part of each payment goes towards the interest and the remainder is applied to the loan principal. In this tutorial, we will look at how to use the PPMT function to calculate the principal portion of the payment. Continue reading

Merge data from duplicate rows in Google Sheets based on a unique column

Combining duplicate rows in your spreadsheets may turn to one of the most intricate tasks. Let's see what Google formulas can help and get to know one smart add-on that does all the job for you. Continue reading

How to use PMT function in Excel with formula examples

Before you borrow money it's good to know how a loan works. Thanks to the Excel financial functions such as PMT, PPMT and IPMT, computing periodic payments for a loan is easy. In this tutorial, we will have a closer look at the PMT function. Continue reading

Convert formulas to values in Google Sheets

In this article, you will learn about two ways of replacing all formulas with their results in a spreadsheet. Continue reading

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