One of the age-old accusations against Excel is that it is error-prone.
According to research, the error rates in spreadsheets are roughly the same as in other types of activities with a similar level of complexity (such as computer programming), i.e. around 3%-5%.
The big difference is that this is recognised in software companies, whose testing processes tend to reduce this rate considerably, whereas most spreadsheet development is carried out in a much less rigorous environment.
It's not that spreadsheets are error-prone, it's that the errors aren't removed by rigorous testing.
Full article: Is Excel error-prone?
Excel Sparklines were introduced in Excel 2010 and are great for displaying the trend of data over time and making sense of a sea of numbers.
This blog describes the three types of sparklines: Line, Column and Win/Loss. It also provides some tips about how to use and format sparklines effectively.
The term Sparkline was coined by Edward Tufte and he describes them as "intense, simple, word-sized graphics". Sparklines fit in a single cell, so they're ideal for dashboards, which have limited space.
Full article: Excel sparklines
This article illustrates how to use Excel's Data Table tool to do scenario analysis.
A data table is a range that evaluates changing variables in a single formula. In other words, it's a simple what-if analysis. It works similarly to Goal Seek and Scenario Manager. You can use table values to replace variables in a formula or function. In this way, you can view what-if results without changing the original formula's references.
Full article: How to use Excel's Data Table analysis tool
Ever feel like all the VBA examples are way simpler than the code you face in real life? A post with simple code is good for explaining a topic clearly. But the real world is more complex.
In this post, I take code from a real world application and:
- Explain it to you in simple English.
- Convert it to code a professional would write.
- Show you an alternative way of writing the same code.
If you understand the ideas presented here it will dramatically improve you skills when you deal with real world VBA code.
Full article: How to deal with real world VBA code
We all know that VLOOKUP
(and its cousins MATCH
, HLOOKUP
and LOOKUP
) are great for finding information you want. But they are helpless when you want to do a case-sensitive lookup.
So how do we write case sensitive VLOOKUP
formulas? Simple. We can use EXACT
formula.
Full article: Case sensitive lookups
Circular references in Excel are generally bad news:
- They are slow to calculate.
- They can be hard to detect.
- An intentional circular reference can mask an unintended circular reference.
- They do not always converge.
- The Status Bar always shows calculate even in Automatic Mode.
Circular references should be avoided wherever possible. This article explains how.
Full article: Excel circular references: Calculation, detection, control and removal
Spreadsheets are in daily use in hundreds of millions of businesses around the world. In the US 95% of companies use spreadsheets as financial reporting tools. That makes the humble spreadsheet one of the most powerful tools out there. However, it is also probably one of the biggest threats to your business!
An incredible 90% of spreadsheets contain errors. It is not all doom and gloom though – a bit of forethought and planning could help protect you and your business. Follow this 10-step plan and you will eliminate the majority of possible threats to your business:
- Decide on what it is that you want from your spreadsheet.
- Check your actual need for a spreadsheet.
- Separate data and functionality.
- Minimise duplicating data.
- Keep manual data entry to a minimum.
- Document everything.
- Build in error checking.
- Keep it simple.
- Lock it down.
- Quality check.
Full article: Not available
The VBA array is a very convenient and efficient structure for storing multiple items of usually the same data type. The size of a VBA array can be either fixed or dynamic depending on how it is declared. VBA arrays can also be 1 or multi-dimensional.
This article presents a comprehensive overview of using VBA arrays.
Full article: VBA: The VBA array
In this article we are going to learn a few different ways to summarize data based on time groups (increments of hours or minutes):
- Solution #1 – Group time with a Pivot Table.
- Solution #2 – The
FLOOR
function. - Solution #3 – The
VLOOKUP
function.
The quickest and easiest method is probably to use the Group feature in a Pivot Table. If you want to group the times in increments of multiple hours or fractions of an hour, then the FLOOR
and VLOOKUP
functions can help group the times.
Full article: 3 ways to group times in Excel