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Alexander Michael - Excel 2016 Formulas

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Alexander Michael Excel 2016 Formulas

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Leverage the full power of Excel formulas

Excel 2016 Formulas is fully updated to cover all of the tips, tricks, and techniques you need to maximize the power of Excel 2016 through the use of formulas. This comprehensive book explains how to create financial formulas, release the power of array formulas, develop custom worksheet functions with VBA, debug formulas, and much more. Whether youre a beginner, a power user, or somewhere in between this is your essential go-to for the latest on Excel formulas.

When conducting simple math or building highly complicated spreadsheets that require formulas up to the task, leveraging the right formula can heighten the accuracy and efficiency of your work, and can improve the speed with which you compile and analyze data. Understanding which formulas to use and knowing how to create a formula when you need to are essential.

  • Access tips, tricks, and techniques that have been fully updated to reflect the latest...
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    Excel 2016 Formulas Published by John Wiley Sons Inc 10475 Crosspoint - photo 1

    Excel 2016 Formulas

    Published by
    John Wiley & Sons, Inc.
    10475 Crosspoint Boulevard
    Indianapolis, IN 46256
    www.wiley.com

    Copyright 2016 by John Wiley & Sons, Inc., Indianapolis, Indiana

    ISBN: 978-1-119-06786-3

    ISBN: 978-1-119-06792-4 (ebk)

    ISBN: 978-1-119-06798-6 (ebk)

    No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.


    LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional person should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or Web site is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or website may provide or recommendations it may make. Further, readers should be aware that Internet websites listed in this work may have changed or disappeared between when this work was written and when it is read.


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    About the Authors

    Michael Alexander is a Microsoft Certified Application Developer (MCAD) and author of several books on advanced business analysis with Microsoft Access and Microsoft Excel. He has more than 15 years of experience consulting and developing Microsoft Office solutions. Mike has been named a Microsoft MVP for his ongoing contributions to the Excel community. In his spare time, he runs a free tutorial site, www.datapigtechnologies.com , where he shares Excel and Access tips.

    Dick Kusleika has been awarded as a Microsoft MVP for 12 consecutive years and has been working with Microsoft Office for more than 20. Dick develops Access- and Excel-based solutions for his clients and has conducted training seminars on Office products in the United States and Australia. Dick also writes a popular Excel-related blog at www.dailydoseofexcel.com .

    About the Technical Editor

    Niek Otten lives in the Netherlands. He started in data processing in 1967 in an insurance company. He ran into Visicalc in 1980 and has been addicted to spreadsheets ever since. His first encounter with Excel (version 1!) was in 1985 on a Macintosh. Since 2005, Niek has been self-employedreviewing books, writing articles, and developing Excel-related software, such as a high-performance actuarial add-in.

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    Acquisitions Editor

    Stephanie McComb

    Project Editor

    Kelly Talbot

    Technical Editor

    Niek Otten

    Production Editor

    Rebecca Anderson

    Copy Editor

    Karen Gill

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    Mary Beth Wakefield

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    David Mayhew

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    Carrie Sherrill

    Professional Technology & Strategy Director

    Barry Pruett

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    Amy Knies

    Executive Editor

    Jody Lefevere

    Project Coordinator, Cover

    Patrick Redmond

    Proofreader

    Rebecca Rider

    Indexer

    Johnna VanHoose Dinse

    Cover Designer

    Wiley

    Introduction

    Theres no arguing that formulas are the true engines of Excel. Employing various Excel functions, formulas enable Excel analysts to create aggregated reporting, complex calculation engines, clever dashboard models, and much more. Indeed, Excel analysts become more productive as their proficiency with Excel functions and formulas improves.

    But building proficiency with Excel functions and formulas takes time. Given that Excel contains more than 400 functions, you could spend months, even years, learning which functions are best for certain tasks and which functions can be combined with others functions.

    This is where this book comes in. Here, we will introduce you to the world of Excel formulas by guiding you through the various built-in functions Excel has to offer. Each chapter builds on the last, taking you from basic math functions to actually building your own custom functions.

    As youll discover, leveraging Excel functions will not only make you more productive, but it will allow you to accomplish tasks that you didnt know could be handled with Excel formulas.

    What You Need to Know

    This is not a book for beginning Excel users. If you have absolutely no experience with Excel, this is probably not the best book for you unless youre one of a rare breed who can learn a new software product almost instantaneously.

    To get the most out of this book, you should have some background using Excel. Specifically, we assume that you know how to

    • Create workbooks, insert sheets, save files, and complete other basic tasks.
    • Navigate a workbook.
    • Use the Excel Ribbon and dialog boxes.
    • Use basic Windows features, such as file management and copy-and-paste techniques.
    What You Need to Have

    This book was written with Excel 2016 as a base, but most of the material also applies to Excel 20072013. If youre using a version prior to Excel 2016, you may find that a handful of functions (such as the new Forecasting functions introduced in Excel 2016) will not be available to you. Any function not available in all four versions of Excel will be called out in each chapter.

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