Introduction: The data analysts start their analysis by visual examination of the data. This is to see if there are any patterns present or if there is any (apparent) relationship between variables. The data such plotted produced graphs of various types - an Excel Histogram is just one of them. In today’s tutorial, we will learn a little but of theory about histogram, how … [Read more...]
Exploring Excel’s Internal Audit for Formulas
Introduction Formulas are very common element of a spreadsheet. Smaller sheets tend to have relatively small number of formulas where larger sheets may span over many worksheets. The formulas in such large sheets are not easy to understand. With Excel's Internal Audit for formulas, we have a convenient way to do internal audit for formulas and for a tool that can make audit … [Read more...]
5 Must-Have Excel Skills for Accountants
Accountants are part of every organization, and they are important because they manage the monetary aspects of the business. They must be able to work with different types of people and across various departments. Therefore, they must use various tools, one of which is MS Excel. In order to use it productively, they must have the necessary skills and know when to apply … [Read more...]
Accounts Receivable Aging – Managing it with MS Excel
Whenever a firm is done with its sales target, the next thing in the queue is how long it will take to get the receivables from the customers. Accounts Receivable and hence Accounts Receivable Aging is important because they form an important part of the Cash Conversion Cycle for a company and is critical to maintain the liquidity of the company as well as to avoid cost of … [Read more...]
7 Things CPA Should know about VBA Macros
VBA stands for visual basic for application. It is the default programming language for MS Office. If you want to program MS Excel you should know how to work with VBA Macros. VBA is at the same time is fun and a source of improving productivity. Actually it provides an opportunity to do things what canot be done in usual way or to have features that are not available by … [Read more...]