This is the second post in the Battle of Heavyweights series, where we are comparing VLOOKUP to SUMIFS in order to understand their key differences. Knowing these key differences will help us determine which to use in a given workbook. In the previous post, we were introduced to VLOOKUP. Now, it is time to meet […]
A few years ago, I wrote a post about how to perform fuzzy lookups using the “Fuzzy Lookup Add-In for Excel.” However, this capability is now available in Power Query!! Wait, what? Yes! Performing a fuzzy match is so much easier and far more intuitive in Power Query. This post walks through the basics … […]
Microsoft recently updated the built-in tools for retrieving stock quotes into Excel. If you’re typing closing prices into Excel manually, my recent California CPA Magazine article may be able to help you get it done faster. Specifically, it talks about how the Stock data type retrieves current quotes and related information, and how Power Query […]
In this post, we’ll learn how to add up a column of numbers based on the values in another column. For example, we are trying to analyze product sales based on average customer rating. That is, customers rate our products on a scale of 1 to 10, and so each product has an average rating […]
In this post, we are going to use the data model to improve our reporting process. This is the fourth post in the Stop Wasting Time series, and this is where everything we’ve learned comes together. By the time we have finished this post, updating our report will be extremely easy. In fact, it will […]
We are in the middle of a series called Stop Wasting Time, where we are learning about Excel features that help us improve how we update a report. In the beginning of our journey, we were updating the report manually. Now, as we’ve learned more, we’ve been able to automate parts of it. That is, […]
This is the second post in the Stop Wasting Time series. In this post, we learn how Power Query can help us update our report in less time. After all, why would we want to spend more time than necessary updating it? That is called “wasting time” and we just don’t like wasting such a […]
This is the first post in a series that shows how to transform a monthly report from being updated manually to automatically. Along the way, we’ll see how classic Excel features like tables and SUMIFS can help somewhat, and then how modern Excel features like Power Query and the data model can help even more. […]
The past several posts have illustrated various ways to apply dynamic array formulas and their spill ranges. Kent asked if we could use spill ranges to create a dynamic chart to visualize the future value of an investment portfolio. For example, start with someone’s current portfolio value and then apply an assumed growth rate and […]
Let’s say we have a data-entry table, where we type or paste new transactions. We would like a copy of each transaction to be directed to a specific worksheet, depending on the transaction type. For example, sales transactions should flow from the data-entry table into another worksheet that displays all sales transactions. Returns should flow […]