Excel University Blog
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My name is Penny Li, a cross-border tax accountant, and I often come across instances in my work where I need to convert foreign currencies to US dollar. I have decided to build a foreign currency conversion tool in Excel that is capable of generating single-day as well as average foreign exchange rates for multiple…Read More
In this post, we’ll see how to create an Excel calendar with a single formula. Specifically, we will write a formula that displays the days of any month in a graphical calendar format. Our graphical calendar displays the days of the specified month in 7 columns (Sunday through Saturday) and includes a row for each…Read More
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…Read More
For decades, Excel users have had the CHOOSE function and it has been able to power some wonderful formulas. But recently, we received the SWITCH function which provides much more flexibility. From a high level, both functions enable us to analyze a value and then return various results based on that value. But, SWITCH offers…Read More
Have you ever wanted to allow the workbook user to pick the math that a formula should use? This post explores the CHOOSE function, which, among other things, enables us to allow the user to pick the math. CHOOSE Before jumping right into the function’s syntax, let’s get a little context. Let’s say that we…Read More