Introduction: Though there many “dedicated” application available for project managers to manage their projects, like MS Project or Primavera Project Planner, we can also create a project time line in MS Excel! In today’s tutorial, we will be exploring the ways to create a project time line in excel, along with the terminology and some theoretical background of project … [Read more...]

## Getting Most Out of COUNTIF() and COUNTIFS() function in Excel

Introduction: There are instances when we are interested in counting things. This is true for accountants, engineers, managers and so on. To count, we usually record quantities, either on paper on spread – or if we record on paper, we eventually transfer it to a spreadsheet to make calculations more manageable. COUNTIF() or COUNTIFS() is the function that we use when doing … [Read more...]

## MS Excel Data Validation for Accountants

Introduction: Data Validation is meant to ensure that user inputs correct type of information in the cell. The Data Validation can be achieved in the form of “Drop-down Lists” that make sure that user can only choose from a given set of values or using options like input being whole number, a decimal value, a date or something defined by a formula. The data validation menu … [Read more...]

## Choosing between Vlookup and Index-Match formulas

Introduction INDEX()+MATCH() and VLOOKUP(), both have their proponents and opponents. Both of these formulas perform almost the same function. Both have pros and cons. In today’s tutorial we will try to compare their usage and that how they can be used to get most out of them, when we should drop one and use another. A comparison of syntax for the two formulas: Index-Match … [Read more...]

## Understanding How to Create a Histogram with MS Excel

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...]