"Excel" category, page 2

Excel spill range explained

Spilling is one of the new features introduced in Excel 365 as part of the dynamic arrays functionality. Understanding the spill range concept is the focus of this tutorial. Continue reading

Implicit intersection and @ operator in Excel 365 and older versions

You have the feeling you know everything about your Excel workbooks, and then a @ character appears from nowhere in the beginning of your formulas. What does this mean? And how does it work precisely? Continue reading

Excel #SPILL! error - causes and fixes

Just imagine this: you upgraded to Microsoft Office 365 with the latest Excel updates and for some reason the tried and tested formulas you've been using for years have suddenly stopped working. Whatever you do, you are now getting a #SPILL error. Does anyone know what it means? Continue reading

Excel: prevent text from spilling over into next cells

When entering a long text in a cell, you may notice that sometimes it spills out into adjacent columns and at times gets hidden behind the neighboring cells. How does Excel determine what to do and how do you stop words from overflowing into next cells? Continue reading

Using NPER function in Excel with formula examples

When building corporate funds, financial analysts often wish to know how long it will take to reach the desired corpus. When applying for a loan, you may want to find out how many payments are required to repay it in full. For such tasks, Excel provides the NPER function. Continue reading

How to use PV function in Excel to calculate present value

Weather you are thinking about buying an insurance annuity or putting some money in a saving account, you are wondering - is that a good deal? To know it for sure, you need to find the present value of an investment. For this, Microsoft Excel provides the PV function. Continue reading

How to calculate present value of annuity in Excel: formula and calculator

If offered a choice to receive a certain sum of money right now or defer the payment into the future, which would you choose? For most of us, taking money now is a natural instinct. In the financial world, this is explained by the time value of money concept. Continue reading

How to make and use Excel data entry form

When it comes to inputting information in Excel spreadsheets, most people do it the traditional way - cell by cell, row by row. To make the process more use-friendly and less time-consuming, you can use a special data entry form. Continue reading

Using LET function in Excel with formula examples

If you work with lengthy formulas in Excel, then you are certainly familiar with the idea of named ranges that make complex formulas easier to read. And now, Microsoft is making a step further and allows assigning names to calculations and values directly in a formula. Continue reading

How to find and fix broken links in Excel

Excel cells may often link to other workbooks to pull relevant information from there. When a source workbook gets deleted, relocated, or damaged, external references to that file break down and your formulas start returning errors. Obviously, to fix the formulas, you need to find broken links. Continue reading

How to find and remove external links in Excel

External links, or external references, are a very common practice in Excel. After completing a particular task, however, you may want to find and probably break those links. Continue reading

Set up dependent drop-down list for multiple rows in Excel

The introduction of dynamic arrays has made our lives as Excel users a lot easier. Among many other things, they significantly simplify the creation of dynamic drop down lists that you can copy across multiple rows. Continue reading

Excel FV function to calculate future value

Building your personal and corporate finances requires thorough planning. One of the most important factors of success is understanding how much an investment made today will grow to in the future. That is called the future value of investment, and this tutorial will teach you how to calculate it in Excel. Continue reading

5 ways to do VLOOKUP in Excel - which is fastest?

If your tables have only a few dozen rows, then most likely any method will be fast enough, and you won't notice the difference. But if the number of rows in your tables is measured in thousands, the correct choice of the function is crucial - the difference in performance can be more than 10 times! Continue reading

Excel RATE function: formula examples to calculate interest rate

Financial decisions are important part of business strategy and planning. In everyday life, we also have quite a lot of financial decisions to make. For such scenarios, Excel provides the RATE function that will help you calculate an interest rate for a specific period. Continue reading

LARGE IF formula in Excel: find highest values with criteria

While working with numeric data in Excel, you may often need to get the highest numbers based on criteria. The bad news is that the LARGEIF function does not exist in Excel. The good news is that you can easily construct your own LARGE IF formula. Continue reading

How to highlight top or bottom 3, 5, 10 values in Excel

In case you want to bring focus to the highest or lowest N values in a dataset, the best way is to highlight them in different colors. This article will teach you how to do this with Excel's presets and create your own conditional formatting rule based on formula. Continue reading

How to find top or bottom N values in Excel

Want to identify the highest or lowest values in a column or row? Need to return not only the values themselves but their names too? With this tutorial, you will learn how to find top 3, 5, 10 or n values in a dataset and retrieve matching data. Continue reading

Excel LARGE function with formula examples to get n-th highest value

When analyzing a set of numbers, it often makes sense to find the biggest ones. Getting the highest value is super-easy with the MAX function. When it comes to targeting a specific largest value, say the 2nd or the 3rd biggest number in a dataset, the LARGE function comes in handy. Continue reading

Excel SMALL IF formula to find Nth lowest value with criteria

Trying to get a bottom value based on one or more conditions? Just use the SMALL function together with IF. This tutorial shows how to build such a formula and explains its internal logic, so that you could easily decipher the formula and adjust for your needs. Continue reading