Overview
Many accounting professionals are unaware of Excel features and functions that improve spreadsheet accuracy and efficiency. In this presentation, author and Excel expert David Ringstrom, CPA, contrasts the SUM, SUBTOTAL, SUMIF, and SUMIFS functions, along with the Subtotal feature. You'll also learn how to use the Table feature to streamline sifting through lists of data, create self-expanding charts, and PivotTables that have much better integrity.
David is the author of “Exploring Microsoft Excel's Hidden Treasures: Turbocharge your Excel proficiency with expert tips, automation techniques, and overlooked features”. He demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Excel for Microsoft 365. David draws your attention to any differences in Excel 2021, 2019 or 2016 during the presentation and in his detailed handouts. The handouts include an Excel workbook with most of the examples he uses during his demonstrations.
Excel for Microsoft 365 is a subscription-based product that receives periodic feature updates. Conversely, perpetually licensed versions have year numbers in their names and do not receive any feature updates.
Areas Covered
• Creating custom views that will enable you to display all worksheets in a workbook at once as well as hide/display selected worksheets.
• Displaying alternate results with XLOOKUP by populating the If_Not_Found argument instead of using IFERROR or IFNA.
• Diagnosing #N/A errors that arise when numbers are stored as text or when text contains extraneous spaces.
• Jump-starting data visualization with the Quick Analysis feature.
• Improving the integrity of spreadsheets by using SUMIF to look up values in a more flexible fashion than VLOOKUP.
• Streamlining Custom Views by adding a drop-down list to Excel's Quick Access Toolbar.
• Identifying duplicates in a list using Conditional Formatting.
• Understanding the importance of using IFNA with VLOOKUP versus IFERROR.
• Creating a PivotTable to transform lists of data into on-screen reports.
• Understanding the conflict that the Table feature poses with Custom Views in Excel for Windows.
• Streamlining the filtering of lists using the Slicer feature with tables.
• Color-coding the top ten (or however many you wish) amounts within a column of numbers with Conditional Formatting.
• Identify how to improve the integrity of SUM-based formulas in Excel.
• State the location of the Group and Ungroup commands within Excel's menu.
• Recall the menu in Excel where the Table feature resides.
