Microsoft Excel Definition Excel is a powerful spreadsheet program developed by Microsoft that enables users to organize, analyze, and visualize data. Used across industries, Microsoft Excel is part of the Microsoft Office suite and supports a wide range of functions, including calculations, automation, and financial analysis. At its core, Excel is defined as a tool…
How to Use Excel Today’s Date Function In Excel, today’s date can easily be inserted using the =today() formula. This little-known function allows you to insert today’s date easily into any cell in the spreadsheet. The function is very straightforward and easy to use, as follows: =today() To insert today’s date in Excel you simply type…
What is Sheet Name Code Excel Formula? The =SheetName allows you to display the name of a Sheet in a cell. Using the sheet name code Excel formula requires combining the MID, CELL, and FIND functions into one formula. For example, if you are printing out a financial model onto paper or as a PDF, then…
What is Corkscrew Calculation? In financial modeling, corkscrew calculation (also known as roll-forward calculation or corkscrew accounts) allows the consistent modeling of balances. Essentially, in a corkscrew calculation, the ending balance from the previous period is used as the beginning balance in the current period (in other words, the balance is rolled forward). Components of…
The following guide on the COUNTIF function for multiple criteria in Excel explains how to use the COUNTIFS function to count cells that meet multiple conditions. The COUNTIFS function allows you to specify multiple criteria ranges and conditions, making it more versatile than COUNTIF. The tutorial below provides step-by-step instructions, examples, and practical applications in…
What is the Autosum Excel Function? The Autosum Excel Function can be accessed by typing ALT + the = sign in a spreadsheet, and it will automatically create a formula to sum all the numbers in a continuous range. This function is a great way to speed up your financial analysis. It allows you to easily…
What is the Go To Special Function in Excel? The Go To Special Function in Excel allows you to quickly select all cells that meet certain criteria, such as cells containing: Formulas (numbers, text, logicals, errors) Constants (numbers, text, logicals, errors) Blank cells Objects Precedents and dependents There are three ways to access Go To:…
How to Make a Graph in Excel? In addition to working with large volumes of data, finance and accounting professionals need to learn how to make a graph in Excel. Data visualization (visual representation of data in charts or graphs) is critical to many jobs. The graphical visualization of data is an effective method to…
