The term “rounding difference” commonly describes something insignificant; it rarely raises cause for concern. However, when you discover that Excel rounding and Power Query rounding are different, you suddenly realize that it can be a bigger issue than you first thought. This post explains the different rounding methods in Excel and Power Query, and how Read More
Category: Formulas
Excel can calculate the wrong results: WARNING
The old proverb is that “a bad workman blames his tools”. As Excel is such a popular tool, it gets a lot of blame when the person using it is actually at fault. However, it is not always a person who is to blame; Excel can calculate the wrong results all by itself! In this Read More
7 ways to remove additional spaces in Excel
The space character for an Excel user can be a real problem. When exporting data from various IT systems, that export will often include extra spaces around values. Finding and removing additional spaces is a crucial skill for every Excel user. We often can’t see the space characters, but Excel sees them. This can cause Read More
Using Slicers with dynamic array formulas in Excel
A few years back, I created a YouTube video about using slicers with formulas in Excel. It was a pretty popular video. That method used a dummy PivotTable, to act as the criteria for the formulas to calculate on. Today, I want to bring you a cleaner option for using slicers with formulas. This method Read More
Weighted Average in Excel
The weighted average (also known as the weighted mean) is a calculation that provides an average where each value does not carry an equal impact on the final result. Using Excel’s AVERAGE function in these scenarios would give a misleading result. Thankfully, we can easily calculate the weighted average in Excel too. When to use Read More
GETPIVOTDATA vs CUBE functions
We’ve been able to create PivotTables in Excel since the mid-1990s. Ever since then, people have been asking how to extract data from PivotTables using formulas. As great as PivotTables are for analysis, they are not always the best for presentation, which is why extracting data using a formula is so useful. We currently have Read More
Running total in an Excel Table
Tables are one of the best features of Excel. While it is possible to use the standard cell referencing with a Table, they have their own referencing style called structured references. We have to think a little differently to create a running total in an Excel Table using structured references. We will look at all Read More
Why are Excel formulas not calculating?
We have all experienced it; for whatever reason, the formulas in Excel aren’t calculating as expected. Most of the time, it is something simple that we have never thought of. But, once you know the most likely reasons, it is easier to troubleshoot the problem. So, in this post, we are looking at the most Read More
Calculate CAGR in Excel (Compound Annual Growth Rate)
In this post, we are looking at how to calculate CAGR in Excel. CAGR stands for Compound Annual Growth Rate; it calculates the annual percentage growth over a period of time, where the growth is compounded each year. The compound annual growth rate is often used in finance to understand how different investments have performed Read More
How to forecast seasonality in Excel
I have previously written about how to forecast seasonality in Excel using the FORECAST function. However, with Excel 2016, Microsoft gave us an even easier method for forecasting seasonality. Rather than using the FORECAST function with a lot of trickery, we can simply use the FORECAST.ETS function all by itself. If you are using Excel Read More