Paul McFedries - Microsoft Excel Formulas and Functions (Office 2021 and Microsoft 365) (Business Skills)
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- Book:Microsoft Excel Formulas and Functions (Office 2021 and Microsoft 365) (Business Skills)
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Use Excel 365 and Excel 2021 core features to build spreadsheets that solve business problems and deliver reliable answers. Drawing on his unsurpassed experience, Paul McFedries helps you make the most of formulas and functions, including recent improvements ranging from dynamic arrays to XLOOKUP and LET. McFedries step-by-step projects walk you through handling key tasks, from building timesheets to projecting cash flow and aging receivables. His practical examples and clear instructions demystify intermediate-to-advanced-level formula construction, and help you leverage Excels most useful functions in your everyday work.
Becoming an Excel expert has never been easier!
By reading this book, you will:
- Improve business analyses by adding intelligence and knowledge to your models
- Replace cumbersome formulas with convenient predefined functions
- Use modern lookups to make your formulas more powerful and flexible
- Simplify complex calculations with dynamic arrays in Excel 365 and Excel 2021
- Use conditional formatting to reveal anomalies, problems, or opportunities
- Calculate loan payments, interest costs, terms, and amortization schedules
- Project the future value of investments, and plan to achieve investment goals
- Master essential discounting and cash-flow analysis tools, including NPV and IRR
- Sort, filter, and analyze any tabular data, from customers to inventory
- Easily analyze huge datasets with PivotTable calculations
- Perform sophisticated what-if analyses, scenario planning, and forecasting
- Optimize profit, cost, or operational efficiency with Solver
About This Book
- For everyone who wants to get more done with Microsoft Excel in less time
- For business and financial professionals, entrepreneurs, students, and others who need to efficiently manage and analyze data
Paul McFedries: author's other books
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Paul McFedries
Microsoft Excel Formulas and Functions (Office 2021 and Microsoft 365)
Published with the authorization of Microsoft Corporation by:
Pearson Education, Inc.
Copyright 2022 by Pearson Education, Inc.
All rights reserved. This publication is protected by copyright, and permission must be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. For information regarding permissions, request forms, and the appropriate contacts within the Pearson Education Global Rights & Permissions Department, please visit www.pearson.com/permissions.
No patent liability is assumed with respect to the use of the information contained herein. Although every precaution has been taken in the preparation of this book, the publisher and author assume no responsibility for errors or omissions. Nor is any liability assumed for damages resulting from the use of the information contained herein.
ISBN-13: 978-0-13-755940-4
ISBN-10: 0-13-755940-2
Library of Congress Control Number: 2022930487
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Trademarks
Microsoft and the trademarks listed at http://www.microsoft.com on the Trademarks webpage are trademarks of the Microsoft group of companies. All other marks are property of their respective owners.
Warning and Disclaimer
Every effort has been made to make this book as complete and as accurate as possible, but no warranty or fitness is implied. The information provided is on an as is basis. The author, the publisher, and Microsoft Corporation shall have neither liability nor responsibility to any person or entity with respect to any loss or damages arising from the information contained in this book or from the use of the programs accompanying it.
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EDITOR-IN-CHIEF
Brett Bartow
EXECUTIVE EDITOR
Loretta Yates
SPONSORING EDITOR
Charvi Arora
DEVELOPMENT EDITOR
Rick Kughen
MANAGING EDITOR
Sandra Schroeder
SENIOR PROJECT EDITOR
Tracey Croom
COPY EDITOR
Rick Kughen
INDEXER
Timothy Wright
PROOFREADER
Donna E. Mulder
TECHNICAL EDITOR
Bob Umlas
COVER DESIGNER
Twist Creative, Seattle
COMPOSITOR
codeMantra
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Substitute damn every time youre inclined to write very; your editor will delete it and the writing will be just as it should be.
Mark Twain
I didnt follow Mark Twains advice in this book (the word very appears throughout), but if my writing still appears just as it should be, then its because of the keen minds and sharp linguistic eyes of the editors at Pearson Education. Near the front of the book, youll find a long list of the hard-working professionals whose fingers made it into this particular paper pie. However, there are a few folks I worked with directly, so Id like to single them out for extra credit. A big, heaping helping of thanks goes out to executive editor Loretta Yates, development and copy editor Rick Kughen, and technical editor Bob Umlas.
Paul McFedries is an Excel expert and full-time technical writer. Paul has been authoring computer books since 1991 and has more than 100 books to his credit, which combined have sold more than 4 million copies worldwide. His titles include the Que Publishing books My Office 2016, Windows 10 In Depth (with coauthor Brian Knittel), and PCs for Grownups, as well as the Sams Publishing book Windows 7 Unleashed. Please drop by Pauls personal website at paulmcfedries.com or follow Paul on Twitter (twitter.com/paulmcf) and Facebook (acebook.com/PaulMcFedries).
For companion files, you can visit the books page at paulmcfedries.com, https://paulmcfedries.com/books/book.php?title=excel-365-formulas-and-functions, or at the Microsoft Press Store, MicrosoftPressStore.com/Excel365FormulasFunctions/downloads.
The old 80/20 rule for softwarethat 80 percent of a programs users use only 20 percent of a programs featuresdoesnt apply to Microsoft Excel. Instead, this program probably operates under what could be called the 95/5 rule: Ninety-five percent of Excel users use a mere 5% of the programs power. On the other hand, most people know that they could be getting more out of Excel if they could only get a leg up on building formulas and using functions. Unfortunately, this side of Excel appears complex and intimidating to the uninitiated, shrouded as it is in the mysteries of mathematics, finance, and impenetrable spreadsheet jargon.
If this sounds like the situation you find yourself in, and if youre a businessperson who needs to use Excel as an everyday part of your job, youve come to the right book. In Microsoft Excel Formulas and Functions (Office 2021 and Microsoft 365), I demystify the building of worksheet formulas and present the most useful of Excels many functions in an accessible, jargon-free way. This book not only takes you through Excels intermediate and advanced formula-building features, but it also tells you
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