Excel University Blog

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Make Quick Work with these 10 Excel Skills

By Jeff Lenning | September 18, 2019 |

Excel is big … really big. It has hundreds of functions and features, but which of these have the most potential to save time and help us work faster? The answer depends on what you’re working on. For common accounting and finance tasks, I believe the following 10 Excel skills can help improve the efficiency…

Battle of Heavyweights: SUMIFS

By Jeff Lenning | July 24, 2019 |

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…

Fuzzy Match with Power Query

By Jeff Lenning | July 19, 2019 |

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 ……

Stock Quotes CalCPA Article

By Jeff Lenning | July 15, 2019 |

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…

Sum a Column Based on Values in Another

By Jeff Lenning | May 22, 2019 |

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…

Stop Wasting Time 4

By Jeff Lenning | May 6, 2019 |

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…

Stop Wasting Time 3

By Jeff Lenning | April 30, 2019 |

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,…

Stop Wasting Time 2

By Jeff Lenning | April 9, 2019 |

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…

Stop Wasting Time 1

By Jeff Lenning | April 3, 2019 |

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.…

Charting a Spill Range

By Jeff Lenning | March 19, 2019 |

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…