What are VBA Macros in Excel? VBA Macros use the Visual Basic Application in Excel to create custom user-generated functions and speed up manual tasks by creating automated processes. Additionally, VBA can be used to access the Windows Application Programming Interface (API). One of its main uses is to change and customize the user interface…
NOW Function in Excel The NOW Function in Excel is a formula that displays the current date and time. It is automatically refreshed anytime the workbook is opened or a change is made. It can also be manually refreshed by pressing F9. To learn more, launch our free Excel crash course now! Formula for the…
What is Vertex42®? Vertex42® is a website that provides a wide range of high-quality Excel templates that are useful for any financial analyst. Excel templates range from debt repayment schedules to printable calendars to budgets and financial calculators. These templates can be especially useful when performing financial modeling in Excel, and we encourage you to…
Excel Formulas Cheat Sheet Excel formulas are the engine behind fast analysis, clean data, and automated reporting. This cheat sheet gives you a categorized list of essential Excel formulas with syntax and simple examples you can copy directly into Excel. Use it as a quick reference while you work in spreadsheets, or as a learning…
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…
