Excel tutorials, functions and advanced formula examples, page 3
How to change Google Sheets date format and convert dates to numbers and text
In this guide, you'll find out how Google stores dates and how you can format them for your better convenience. Some date formats are offered to you by spreadsheets while others should be created from scratch. There are even a couple of handy functions for the task. I also describe a couple of ways to convert your dates to numbers and text if necessary. Continue reading
How to calculate IRR in Excel with formulas, template and Goal Seek
When you know the internal rate of return of a project, you may think you have all you need to evaluate it - the bigger the IRR the better. In practice, it's not that simple. Continue reading
Essential Google Sheets functions with formula examples
This time we decided to provide you with the most simple Google Sheets functions that you definitely need to learn. They will not only help you with the plain calculations but also contribute to extending your knowledge of formulas in spreadsheets. Continue reading
How to use MIRR function in Excel to calculate modified internal rate of return
For many years, finance experts and textbooks have warned about the flaws and deficiencies of the internal rate of return, but many executives keep using it for assessing capital projects. Do they enjoy living on the edge or simply are not aware of the existence of MIRR? Continue reading
Excel XIRR function to find internal rate of return for non-periodic cash flows
Calculating IRR for periodic cash flows is easy. In real life situations, however, cash inflows and outflows often happen at irregular intervals. Thankfully, Microsoft Excel has a special function to find IRR in such cases, and this tutorial will teach you how to use it. Continue reading
CONCATENATE function: formulas to merge cells in Google Sheets
"Concatenate" usually means to link something together in a series or a chain. This operation is used in Google spreadsheets whenever you need to join records from multiple cells. This article collects the most popular and easy solutions to help you solve the concatenation puzzle. Continue reading
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
