Excel University Blog

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Functions

Initial STOCKHISTORY Announcement

By Jeff Lenning | June 10, 2020 |

Microsoft just announced a new Excel function called STOCKHISTORY. This function provides a way to retrieve historical stock quotes directly into Excel. As it is being rolled out over time, I haven’t had a chance to use it yet. But as soon as my copy of Excel receives the function, I’ll write a post about…

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List of Worksheets in a Drop Down

By Jeff Lenning | May 27, 2020 |

In this post, I’ll answer a question I received from Sara about how to create a drop down with each worksheet name and reference it in a formula to retrieve values from the selected sheet. As this is Excel, there are a variety of alternatives to accomplish this. In this post, I’ll demonstrate one such…

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Excel and Budgeting

By Jeff Lenning | May 19, 2020 |

I recently wrote an article for the Minnesota Society of CPAs about a technique that helps you create budgets faster. Even if you don’t prepare budgets, the underlying features and functions used can be applied elsewhere. In summary, we use a data validation drop-down to provide several Budget Methods. Once you select a budget method…

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Split Amount into Monthly Columns

By Jeff Lenning | May 12, 2020 |

Let’s say you need to take an amount and split it evenly into monthly columns. For example, perhaps you need to recognize revenue over time. Or, perhaps you have spent some money and you need to allocate the expense over time. There are other illustrations, but the basic idea is that you have a total…

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Dynamic Arrays Article

By Jeff Lenning | May 5, 2020 |

Microsoft has been hard at work updating Excel’s calculation engine. Depending on the version of Excel you’re using, you either have—or will have when you update—access to some capabilities that are sure to change how you think about and use Excel. I wrote about one of the new capabilities called Dynamic Arrays for California CPA…

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Remove Duplication in Formulas with LET

By Jeff Lenning | April 28, 2020 |

Have you ever written a formula that repeats the same expression multiple times? I know I have. One simple example is IF((A1-B1)=0,0,A1-B1). Notice how the expression A1-B1 is used twice? This is a simple example of duplicating an expression within a formula. In general, we want to try to remove/minimize such duplication to make the…

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XLOOKUP Webinar

By Jeff Lenning | March 16, 2020 |

XLOOKUP is the next-gen lookup function designed to address the limitations of VLOOKUP and related workarounds. It combines the capabilities of numerous functions including VLOOKUP, INDEX, MATCH, HLOOKUP, and IFERROR. Many have asked me to teach this via webinar. So, I created this short webinar that covers the basics 🙂 This on-demand webinar is about…

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Count Between Dates

By Jeff Lenning | March 4, 2020 |

Let’s say you measure something with a duration that can span multiple days. For example, a hotel guest can check in for multiple days, a patient can be in a hospital for multiple days, a widget can be in a specific manufacturing stage for multiple days, a book can be checked out for multiple days,…

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XLOOKUP CalCPA Article

By Jeff Lenning | February 11, 2020 |

VLOOKUP is perhaps the most iconic function in Excel and users have come to adore it. As great as VLOOKUP is, it has several limitations. For example, column order matters. It was designed to look for a matching value in the first (left-most) column within the lookup range. Once found, it scans to the right…

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Gamification 3: Challenges

By Jeff Lenning | January 21, 2020 |

This is the third post in the Gamification + Excel Training series, and in this post we talk about challenges. One component of our gamification strategy is to encourage competition by hosting challenges. In general, competition is motivating and can help people push themselves to accomplish more. So, it is an element used in our…

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