Whilst using Excel and sorting through all the data on your spreadsheet you may have thought about using COUNT and COUNTA functions.
However many people do not know the difference between the two. They both count what is found in the cells.
People who are sorting out their own financial affairs or businesses trying to sort out theirs may need to know the last day of the month for a given date.
As Excel knows people want to do this they have created a formula to make it easy for them to achieve this.
If you have a column of dates, use this formula to find the end of month for each day by using the fill handle.
The formula is as follows:
=DATE(YEAR(C5),MONTH(C5)+1,1)-1
This example assumes that the first date in question is in cell C5, so the formulas can be placed in any other cell, such as D5
Finding the largest and smallest number in a set of data by hand can get very confusing. If there is lots of data to sort through you may forget what you are looking for before you even get to the end.
Two of Excel's most common functions are the MAX and MIN functions. These display the largest (MAX) or smallest (MIN) value in a series.
However what if you need the 2nd or 3rd largest or smallest values instead of the largest or smallest?
In both functions, 'n' represents the ordinal of the number you want to display. For example putting in 2 for n will give you the second highest number.
One of the formulas in Excel's arsenal is the MODE() function. This will display the most frequently occuring value in a particular range of cells.
Cell ranges are written with the smallest cell number followed by the largest, with a semi-colon in the middle e.g. (B2:F8).
Therefore, if 35 is the most commonly recurring number in the thirty cells between B2 and F8, then the function will display 35.
Constants make calculations easier to read so worksheets are more easily understood. Constant values also need to be given relevant and memorable names. It is also easier to change the value of a constant, as opposed to numerous identical values throughout a worksheet.
For example, instead of entering 17.5% in each cell when you generate a VAT amount you could name a constant VAT and assign a value of 0.175 to it.
In Excel, you may have cell B10 containing a net amount, and in C10 you want to work out the VAT on the amount.
When people create large spreadsheets they may not want to spend their time typing in tricky formulas that never seem to do what they want to do.
Excel has decided to give us a toolbar button, which when pressed gives you some basic functions.
It looks like a crazy E (actually an uppercase letter sigma '∑') and when pressed will give you a choice of SUM, AVERAGE, COUNT NUMBERS, MIN AND MAX.
You click on the option you want and it automatically does the sums for you.
It can be very difficult to work out a person's age when they just give you the year they were born. It's easy when they were born at the beginning of each decade, however subtracting or adding years can get confusing.
You do not have to worry anymore as Excel has created a function, which will work it out for you.
It's not just a person's age, it will figure out any amount of time between two dates, even down to the number of days.
The DATEIF() function in Excel calculates the number of days, months, or years between two dates.
To work out someone's age, type their date of birth in cell A1. Make sure you use slashes (/) to separate day, month and year. Then in cell A2, type =DATEDIF(A1,TODAY(),"y") and then press ENTER.
TODAY() automatically inserts today's date. "y" specifies that only the number of years should be shown.