Excel Formulas and Functions
The Complete Tutorial for Beginners to Learn and Master Excel Formulas and Functions with Tips & Tricks For Excel 2021 Users
Adams
Baldwin
Copyright 2021 Adams Baldwin
All rights reserved.
It is not legal to reproduce, duplicate, or transmit any part of this document by either electronic means or in printed format. Recording of this publication is strictly prohibited
Disclaimer
The information in this book is based on personal experience and anecdotal evidence. Although the author has made every attempt to achieve an accuracy of the information gathered in this book, they make no representation or warranties concerning the accuracy or completeness of the contents of this book. Your circumstances may not be suited to some illustrations in this book.
The author disclaims any liability arising directly or indirectly from the use of this book. Readers are encouraged to seek Medical. Accounting, legal, or professional help when required.
This guide is for informational purposes only, and the author does not accept any responsibilities for any liabilities resulting from the use of this information. While every attempt has been made to verify the information provided here, the author cannot assume any responsibility for errors, inaccuracies or omission.
Contents
INTRODUCTION
Microsoft Excel is a tool on your computer that enables you to save, retrieve, and decipher data like commissions, grades, figures, or other critical information linked to finances. Excel is a requirement for documentation and encoding as well. Some organizations and businesses utilize this equipment when keeping tabs on their business expenses, data, including some calculations. Still, very few people can utilize MS Excel enough to experience its functions. You have to be conversant with MS Excel functions and formulas. Some users possess bits of knowledge of Excel.
Although this is not enough to master formulas and functions, they can also minimize the number of formulas displayed on screen. This will guide you on how to use Excel better than before. Here you'll know the basics of Excel and master its functions. After studying and testing yourself, you'll commonly know formulas, functions, charts, and columns that make data management very easy. You can also Microsoft Excel to manage your finances. You'll also come across the different types and forms of cell referencing you should know, like absolute and relative cell referencing. You'll also learn how to copy a formula from different cells and workbooks.
CHAPTER ONE
An Introduction to Excel
Many businesses and individuals worldwide utilize Microsoft Excel since it is an interesting form of acquiring accurate information quickly. One of Excel's most spectacular functions is that you can utilize it anywhere for a wide range of work. For instance, it can be utilized in complicated tasks like data management, billing, analysis, finance, inventory, and complex calculations. Alternatively, you can utilize it to carry out a wide range of mathematical functions or help handle your daily budget. It cares about every end of the user spectrum. MS Excel provides your documents with valued security so that other users won't gain access to your information. Excel is now an intricate part of people's daily lives and possesses various functions and formulas. Before we study these functions and formulas within Excel, let us further view the advantages of utilizing Excel.
Benefits of Using Excel
Saving and Analyzing Data
Most businesses utilize Excel to work out vast volumes of data to spot out trends of your choice. You can save and sum up your data via charts and graph works. These graphs and charts enable a clear view, allowing you to process and understand the data better. Immediately you systematically save data; you can utilize it in various works. This tool will make working on different tasks on data easy while using many tools.
Easier to Work on Data
Microsoft Excel has different tools that makes working on it very easy. You can utilize your tools in searching, filtering, and sorting through saved data. When mixing up those tools and the pivot tables or simple tables, your work can be completed quickly. You can search for any content in the data set to provide answers to complex problems.
Spreadsheets and Data Recovery
Another application of Excel is how you can retrieve it irrespective of unknown disturbances. If you save necessary information within Excel, and the document is lost or destroyed, you can recover the file via the last duplicate of those documents. Spreadsheets are compatible with Microsoft Excel for work. You can bring down the spreadsheet's size if it takes up so much space in your hard disk.
Mathematical Formulas
Excel assists in working out complicated mathematical situations without strenuous effort. Various Excel formulas enable you to practice operations like average, VLookup, references, sum. Excel will also permit you to exercise these functions on a wide range of variables in the information gathered. However, many people use Excel whenever they need to work out complicated mathematical calculations.
Security
Excel enables the activation of an additional layer of security on documents, and users can safeguard their data forms and documents via effects from a password.
Sophisticated Visualization
Excel enables you to imagine different information dots via a data set in an advanced manner. You can spot out the items you prefer to represent in public view to make it simple to put forward the data. Suppose you save data in Microsoft Excel and want to spot only particular parts that are important. In that case, you activate the Excel functions presentation if you wish to include more color and function in the spreadsheets where you store data.
Online Access
You can use Excel from any location via any device. You can work efficiently by using this application. Therefore, most businesses go with working using Excel as they can utilize the data from any device from any location.
Combines Data
You can save your information in one location, which guarantees data security and safety. You can utilize data from various spreadsheets to save your documents using a single file in Excel.
Trend Analysis
The fact that you can represent a wide range of information and necessary points using a graph and charts can spot a variety of unsimilar trends within the information set. Using the effectiveness of Microsoft Excel, you can stretch trendlines far from the graph. This allows users to work out various patterns and trends on the information set.
Manage Expenses
Excel enables people to oversee their costs easily. For instance, if an individual earns up to $5,000 per 30 days. He will budget a section of his money on costs to be covered per 30 days, and he can work out the values via Excel. Doing this will enable him to manage his costs reasonably.
Functions and Formulas in Excel
Excel permits you to utilize various formulas, alternatively called expressions, to work out the value of the cell variables. This application contains a lot of predefined formulas easily accessible within Excel.
Let us work out the average of three figures within cells A1, A2, and A3. To initiate the process, we should initiate a predefined function in Excel called AVERAGE. The function is =AVERAGE (A1:A3).
How to Enter a Formula?