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Get the Most Out of Excel’s Conditional Formatting
As a continuation of our post last week, we decided to expand on some great uses from conditional formatting. Highlighting negative values in red and using several built-in conditions is great when you are starting out, but you are not getting nearly enough bang for your buck! Here are three…
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Highlight Valuable Data With Excel Conditional Formulas
You can conditionally format your data in order to draw attention to outliers and quickly assess how significant your data points are. Conditional formatting can be used to highlight interesting cells, emphasize unusual values, and visualize data using data bars, color scales, and icon sets based on specific criteria. Excel…
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How to Transfer Data from Excel to Word Automatically
Excel lives up to its name when crunching numbers or organizing data. However, when you want to convey ideas beyond the table or graph, you will almost certainly turn to Word or PowerPoint. In the examples below, we are going to look at several different ways you can export, or…
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Financial Processes for Success
Would you drive your car on the interstate without a speedometer, gas gauge or a clear windshield? Reviewing your monthly financial statements to understand your organization’s financial health is like watching the gauges to ensure you are staying on track. So, how do you do it? Keeping a financial grip…
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The Importance of Financial Fluency
This story is all too familiar. An energetic entrepreneur works and works to save money to start a business. Their nest egg builds and the dream is coming closer to reality. Friends and family contribute. The equipment is purchased. The employees are hired and the restaurant finally opens. And six…
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Cash is King
Or is it? If you’ve been around business for any length of time you’ve certainly heard someone say “Cash is King.” But, is cash flow really the primary measure of the financial health of a business? One thing is for sure, if you understand the historical cash flow statement you…
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Tips for Data Management in Excel
Becoming an Excel expert is more than learning functions and cobbling together formulas. A significant part of using Excel to its full potential is knowing the art of data management. This includes everything from knowing how to set up your worksheets to managing data entry to good maintenance practices. Here…
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Excel What-if Analysis: Goal Seek
Ever find yourself wondering if Excel could help you answer the question: "What values would I need to get a known result?" The What-if Analysis features, available in Excel 2010 and up, give you the tools to do just that. Unlike functions and formulas that take given values and return…
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Excel What-if Analysis: Scenarios
If you think of Excel as just a database for storing dead data, you will be pleasantly surprised to learn about Excel's What-if analysis tools. Excel offers several features that allow a user to make predictions, or evaluate outcomes based upon variable inputs. In this article, we are going to…
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Excel Macro Tutorial for Beginners
To follow using our example, download MacrosForBeginners.xlsx Once you get comfortable navigating Excel, it won't be long before you start to hear about this wondrous feature called a "Macro" that can leap tall projects with a single keystroke and make boring tasks go by faster than a speeding bullet. While…
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