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Alan Murray - Advanced Excel Formulas: Unleashing Brilliance with Excel Formulas

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Alan Murray Advanced Excel Formulas: Unleashing Brilliance with Excel Formulas
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Enhance and upgrade your Excel knowledge with this comprehensive guide to formulas in Excel. Over 150 of the most useful Excel functions are covered with numerous practical examples of their use. This book is fully updated and includes examples of the most recently released functions in 2022. It is written in a manner that you can read it cover-to-cover or pick it up and learn something new in just 5 minutes.

The book begins with a primer on Excel formulas and functions. Starting from a basic level, but diving into intricate detail and building a solid understanding of the fundamentals. It may not always be sexy, but learning why, in addition to how, is important to truly understanding Excel formulas. Having strong fundamentals is the most advanced skill.

The book covers all the most popular functions in Excel including VLOOKUP, SUMPRODUCT, COUNTIFS, MATCH, SORT and so much more. You will learn how to return multiple results with a single formula. Harness the power of the dynamic array engine and functions such as SEQUENCE, SORTBY, UNIQUE, XLOOKUP and FILTER to create top N Lists, models and reports that would seem impossible without array formulas. In the final chapter, we discover the amazing LAMBDA function in Excel. Create your own Excel functions to simplify future Excel formulas and share them with others.

In this book, the formulas are not only written to return values to the grid, but also for use with other Excel features such as charts and Conditional Formatting, to take them to another level. Practice files are provided to follow all examples shown in the book.

What Will You Learn

  • Gain intimate knowledge of Excel formulas
  • Understand efficient and practical use of Defined Names and Tables
  • Master the most popular functions of Excel VLOOKUP, COUNTIFS, MATCH, SUMPRODUCT, and so much more
  • Learn to return multiple results from a single formula with the magical array formulas.
  • Know the best lookup functions for dynamic spreadsheets
  • Know true power of classic Excel functions such as IF, SUM, and INDEX
  • Use new Excel functions including XLOOKUP, VSTACK, LET, and LAMBDA

Who Is This Book For
Excel users who are familiar with formulas but want to improve their current skill level

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Book cover of Advanced Excel Formulas Alan Murray Advanced Excel Formulas - photo 1
Book cover of Advanced Excel Formulas
Alan Murray
Advanced Excel Formulas
Unleashing Brilliance with Excel Formulas
Logo of the publisher Alan Murray IPSWICH UK ISBN 978-1-4842-7124-7 - photo 2
Logo of the publisher
Alan Murray
IPSWICH, UK
ISBN 978-1-4842-7124-7 e-ISBN 978-1-4842-7125-4
https://doi.org/10.1007/978-1-4842-7125-4
Alan Murray 2022
This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

This Apress imprint is published by the registered company APress Media, LLC, part of Springer Nature.

The registered company address is: 1 New York Plaza, New York, NY 10004, U.S.A.

To my children, George and Lily.

And to all the Excel functions. I love you all. And without you, there would be no book.

Introduction

Formulas are what made me fall in love with Excel. How is that for an opening line?

They are the muscles and the connective tissue of your workbooks. Making decisions, performing calculations, linking cells, converting data types, and so much more. And boy, they are fun.

Advanced Excel Formulas is a comprehensive book containing more than 500 Excel formula examples. It is also fully updated to include the new functions released in recent years including more than ten functions released in 2022.

This book will benefit anyone who works with Excel regularly. The focus is on users who understand formulas but want to push their skills to the next level and fill any gaps in their knowledge.

When your company sends you for Excel training (if they do), you are normally taught functions such as VLOOKUP, IF, and SUMIFS. And this book covers those functions too because they are fantastic. But it also goes far beyond, venturing down the less trekked path to the functions such as AGGREGATE, SEQUENCE, VSTACK, SWITCH, and many more. In fact, more than 150 Excel functions are demonstrated in this book.

And do not be mistaken. This is not just a cursory look at the different functions. You will see multiple real-world examples of the different functions, fully explained, with pro tips to get the maximum out of them.

Advanced Excel Formulas is divided into 15 chapters:
  • Chapter: The first chapter is a primer on Excel formulas. It explains the anatomy of formulas and functions and the role of the different characters in Excel formulas. This is an advanced formulas book, but this chapter is included to lay a strong base and reference point for the coming chapters.

  • Chapter: This chapter explores the logical functions of Excel. This includes IF, IFS, SWITCH, AND, OR, XOR, IFERROR, and IFNA. These are key decision-making functions to automate our Excel models and reports.

  • Chapter: In this chapter, we explain defined names in depth. This little-known feature has huge benefits in how we use and deploy ranges and formulas in Excel. The importance of this feature has grown further with the recent changes to the calculation engine of Excel.

  • Chapter: This chapter is about using tables in Excel. It covers the many benefits of using tables instead of ranges and explains how to use them effectively.

  • Chapter: This chapter is all about the text functions of Excel. Use these functions to extract, combine, replace, and format text.

  • Chapter: In this chapter, we work with the many date and time functions of Excel. Almost every user has a need to perform calculations or analysis based on date or time values. Fortunately, Excel has the functions to achieve these tasks.

  • Chapter: In this chapter, we learn the VLOOKUP function. Incredibly popular among Excel users and very useful. We will cover this function inside-out and explain it like you have never heard before. We will also cover insider tricks to avoid common VLOOKUP limitations and mistakes.

  • Chapter: This chapter focuses on two of the most useful functions of Excel SUMIFS and COUNTIFS. A variety of examples are shown to fully appreciate these gems. The chapter will also cover the AVERAGEIFS, MAXIFS, and MINIFS functions.

  • Chapter: This chapter is all about the SUMPRODUCT and AGGREGATE functions of Excel. These are next-level aggregation functions. They are very powerful, and SUMPRODUCT is especially useful for users not on Excel 365.

  • Chapter: In this chapter, you will learn how to efficiently use the dynamic array formulas of Excel. It is important to know how to best use these formulas and how they change the way spreadsheets calculate in modern Excel.

  • Chapter: This chapter dives further into the world of lookup formulas in Excel. INDEX, INDIRECT, OFFSET, CHOOSE, VSTACK, and more are covered to extend your lookup formula arsenal.

  • Chapter: This chapter covers the new XLOOKUP function. This is a complete lookup formula with many options. Numerous examples are shown in this chapter to showcase its power.

  • Chapter: In this chapter, we cover the FILTER function. This function is a real game changer. A lookup formula that can handle complex lookup criteria and return multiple results.

  • Chapter: In this chapter, we will learn the rich data types in Excel and how to access and analyze their data using formulas. A recently added feature enabling multiple columns to be stored in a single cell. Data types are incredible. The new STOCKHISTORY and FIELDVALUE functions are covered in this chapter too.

  • Chapter: This chapter covers the new LET and LAMBDA functions. They provide the ability to break down complex formulas and even create your own custom functions. Very cool and incredibly powerful.

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