Excel University Blog

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Cumulative Principal CUMPRINC

By Jeff Lenning | June 25, 2025 |

Understanding the principal portion of your loan payments over time is a key step in financial modeling and reporting. Fortunately, Excel makes this process easy with the CUMPRINC function. In this blog post, we’ll take a detailed look at how the CUMPRINC function works, build a cumulative principal schedule, and ultimately construct a simple dynamic…

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PPMT Explained: Dynamic Loan Schedule

By Jeff Lenning | June 10, 2025 |

Managing loans and tracking monthly payments just got a whole lot easier. In this tutorial, we’ll explore the PPMT function in Excel—a lesser-known but incredibly powerful function that calculates the principal portion of a loan payment for a specific period. Even better, we’ll show how to transform this function into a fully dynamic loan amortization…

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Fixed Monthly Value Between Dates

By Jeff Lenning | January 21, 2025 |

Today, we’re tackling an interesting challenge: How to add a fixed value to the first day of each month between a start and end date. We’ll explore three approaches, ranging from detailed to concise, so you can choose the one that best suits your needs. Video Step-by-step Tutorial The task is straightforward: We’ll walk through…

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Weekly Calendar

By Jeff Lenning | October 22, 2024 |

In this tutorial, we’re going to learn how to create a dynamic weekly calendar in Excel that shows which programs or events are running on any given day. This technique is perfect for managing schedules where events have different start and end dates and may only occur on certain weekdays. Objective We are trying to…

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Turn a Table of Events into a Graphical Calendar

By Jeff Lenning | July 16, 2024 |

Today, we’re tackling the following question: How do you create a calendar that can show multiple events per day in Excel? We’re going to transform a simple table of events into a dynamic, graphical calendar. Let’s dive right in! Objective In summary, we have a list of events stored in a Table named Table1, like…

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Creating a 4-4-5 Financial Calendar

By Jeff Lenning | April 16, 2024 |

We all love Excel, don’t we? But it’s just not that simple when it comes to creating a 4-4-5 Financial Calendar! Got questions about how it’s done? You’re not alone! Today, we will walk you through the creation of a 4-4-5 (4 weeks, 4 weeks, and 5 weeks) calendar in Excel. By the end of…

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Create a Dynamic Month List for Reports or KPIs

By Jeff Lenning | January 30, 2024 |

In this tutorial, we will learn how to create a dynamic list of months in Excel using various functions including TAKE, EOMONTH, and SEQUENCE. This list can be used for reporting or pulling key performance indicators (KPIs) with lookup functions such as XLOOKUP. If you create the same basic report each month, and would like…

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Dynamic Amortization Schedule with SCAN

By Jeff Lenning | January 23, 2024 |

In this tutorial, we’ll create a fully dynamic amortization schedule based on the number of months entered. For example, if you enter 12 months, the amortization schedule will span 12 rows. If you enter 360 months, the amortization schedule will span 360 rows. The technique demonstrated in this tutorial uses the following functions: SCAN, SEQUENCE,…

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Identify the Smallest Values in an Excel List

By Jeff Lenning | October 31, 2023 |

The goal of this tutorial is to provide step-by-step instructions on how to use various methods to extract or identify the smallest values in a list. We will cover three exercises that include the SMALL function, the SEQUENCE function, and conditional formatting. Video Walkthrough Let’s take each of these methods one at a time. We’ll…

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What is a dynamic array formula in Excel

By Jeff Lenning | October 10, 2023 |

In this tutorial, we will learn about dynamic array formulas in Excel, which allow us to write a single formula that returns multiple results and spills them into adjacent cells. We will cover various exercises, exploring array creation, dynamic array functions, and combining functions for powerful data manipulation. By the end, you’ll have a solid…

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