Excel Formula To Find Value Based On Row And Column Learn How to Use Excel For Common Business Needs

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Learn How to Use Excel For Common Business Needs

If you need to know how to use Excel for work, you’re probably wondering about some common uses of this powerful software. This article will cover the basics of using Excel for data management and reporting, budgeting and forecasting, and where to find high-quality training courses so you can improve your Excel skills quickly.

Learn how to use Excel for data management

Unless you are managing large amounts of data, you do not need a dedicated database management tool to manage your data. Excel is great for managing reasonably sized lists, such as contact lists, basic accounting data, customer lists, and other “ad hoc” data projects. One of Excel’s best features is the ability to sort and filter your lists based on column headings. Excel spreadsheets can hold up to 65,000 rows of information, so they are often very useful for managing lists that need to be sorted in a variety of ways. When you need to quickly aggregate your data in a quick report that is easy to view, the pivot table functionality is an excellent solution. Pivot tables allow you to easily move around your columns and rows to display the data in whatever format you need to see.

Learn how to use Excel for budgeting and forecasting

Traditionally, spreadsheets like Microsoft Excel have been created for this. The ability to interact with individual cells using spreadsheet formats and formulas allows this tool to perform extremely powerful and complex analyses. If you want to use Excel for your own budgeting and forecasting, you’ll want to use some common techniques. Identify one or more variables that will affect the future results of your forecast, such as the growth rate of your revenue. When you build your forecast model, use a cell reference for your growth rate instead of a constant value. This allows you to easily model “what if” scenarios such as a growth rate that is higher or lower than you anticipated.

Learn how to use Excel quickly

Obviously there are many useful applications for Excel, and this article touches on two of them. The best way to get up to speed on Excel is by purchasing an in-depth training course on CD. These courses can be delivered to your door in a few days, and installed directly on your computer at home or in the office. Once installed, you can go through the lessons at your own pace, and repeat them as often as you like. It’s amazing what you can learn about using this powerful tool in just a few days of lessons, and your boss will be even more impressed when he sees your new skills in action!

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