This article is for CFOs, CEOs and other members of Senior Leadership Team. It requires just 10 minutes to read. But it will reduce your personal as well as organizational Operational Risk significantly. Notice the green mark below.
This is the biggest Excel risk.
If you see even a single green mark, you should send the file back.
Ask the sender to handle all the green marks and send the revised file to you.
Of course, they may not know what you are talking about.
Ask them to read these 5 articles: Knowledge Pack: Green Marks in Excel
The rule is, Excel sheet with Green Marks should not be sent to anybody. It is the sender’s responsibility to remove all errors – not the recipient’s.
Continue reading Excel risk Mitigation
This is a sneak preview of my upcoming Udemy course on Pivot Tables. This video explains the relationship between Pivot Tables and File Size. Watch this 6 minutes video and learn from it.
Apply this knowledge to your existing pivots – especially those with large file sizes and see the difference. Make sure you try it out on a copy. Never learn using Live files.
Continue reading Pivot Tables and File Size
Here is the list of articles I have written about Show Values As in Pivot table. This is a very important set of features but are mostly ignored.
Continue reading Show Values As: Knowledge Pack
Here is a new year gift for the Indian customers. Converting Amount to Words is always a problem. Many application require it and that code is always written manually, within the application. What is really needed is a comprehensive Excel function. Many people have written lots of Excel functions. But neither of them is specific to India, nor is it comprehensive.
We (Raj and me) had created it in 2005, but I had forgotten to publish it on the blog. We have done good amount of testing – but still you have to use it at your own risk. No guarantees. Read on to download, install and use the Excel function.
Continue reading Amount to Words macro
Table has many benefits. One of them is Table AutoFill Formulas. If you add a formula in any table column, it copies the formula automatically. Further editing of the formula also is automatically copied to all other cells in the column. Sometimes, the AutoFill stops working. How to re-enable this feature? Here are the instructions
(Reading time 3 min)
Continue reading Excel Table AutoFill Formulas not working
So far, I have not written an article about the humble IF function. But in the last few months I came across many customers who asked me to explain how the IF function works. Surprised? The reason is that many people use the Excel IF function, but they do not understand its nuances.
Usually someone has created a file and is handed over from person to person. Worse still, those who know how to use the IF function misuse it! So here it is a simple, short and practical description of how to use the IF function.
Continue reading Excel IF function – Dos and Don’ts
Please read the earlier article about Pct Difference From in order to learn the background. This article shows how to take this one step further.
Continue reading Pct Difference From – Secrets
A simple but very useful method. All of us use AutoFilter in Excel. The dropdown shows unique values in the column. Sometimes we just want to see the rows with blank cells. Unfortunately, the (blank) item appears at the end of the list. If the data contains many unique values, you have to waste time and scroll manually to the bottom of the long list. Often, after reaching the list we realize that we should actually have unselected all the items first. Then you go up again! Pathetic. Here is a smart way to Filter on Blanks instantly.
Continue reading How to Filter on Blanks quickly
You must read this article first: Grouping Text in Pivot Tables. This article explains how to combine multiple text items into a single group. This is used for classifying or for correcting spelling mistakes. If new items appear, they remain ungrouped. That way, you have to keep doing the Grouping update repetitively. An alternative is to use VLOOKUP based text grouping. Read on to find out how this is done.
Continue reading VLOOKUP based text grouping
FormulaText function in Excel was introduced in version 2013. It requires just one parameter – the cell from which you want to display the formula. Even if you select a range, it will return the formula in the top left cell.
When to use the FormulaText function in Excel
Here are three practical scenarios.
It is very helpful in documenting important formulas.
It can also be used as a part of an audit process.
Trainers can use it to teach formulas more effectively.
I find it useful for creating more readable screenshots while creating learning content for Excel.