Posts Tagged 'Excel tips', page 3

How to create a table in Excel

At the surface, an Excel table just sounds like a way to organize data. In truth, this generic name covers a ton of useful features. Tables containing hundreds or even thousands of rows and columns can be instantly recalculated and totaled, sorted and filtered, updated with new information and reformatted, summarized with pivot tables and exported. Continue reading

Sparklines in Excel: how to create, use and change

Looking for a way to visualize a large volume of data in a little space? Sparklines are a quick and elegant solution. These mini-charts are specially designed to show data trends inside a single cell. Continue reading

Excel print area: how to set, change and clear

When you hit the Print button in Excel, the entire spreadsheet is printed by default. But what if you don't really need to print out all the content of a huge worksheet? Then set the print area that includes only your selection. Continue reading

How to print Excel spreadsheet: tips and guidelines for perfect printouts

Living in a digital world, we still need a printed copy every now and then. At first sight, printing Excel spreadsheets is super easy. Just click the Print button, right? In reality, a well-organized and beautifully formatted sheet that looks great on a monitor is often a mess on a printed page. 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

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

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

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

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 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

How to add error bars in Excel: standard and custom

Scientists love quantifying different things, and they even found a way to quantify uncertainty. For this, they calculate confidence intervals, or margins of error, and display them by using error bars. Continue reading

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