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Category: formulas

Updated on December 10, 2020December 10, 2020/ Brent Allen

LET Function in Excel: A Name Parsing Example

LET Function in Excel: A Name Parsing Example

The LET function is one of the most exciting formulas to be added to Excel in 2020. This formula allows a spreadsheet maker the ability to create names for calculations (within a cell). These names not only make your formulas …

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Updated on November 8, 2020November 8, 2020/ Brent Allen

Top N Results from Excel using Dynamic Arrays

Top N Results from Excel using Dynamic Arrays

Getting the Top N results from a list of data, such as a Top 10 list is a very common Excel request. While this was possible before dynamic arrays, it has been made much easier using dynamic arrays. In this …

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Updated on June 10, 2020June 10, 2020/ Brent Allen

#SPILL! error – What causes it to occur?

#SPILL! error – What causes it to occur?

With the introduction of dynamic arrays comes a new type of error; the spill error. Other errors, such as #N/A, #NUM! and #REF! have existed in Excel for many years. In many cases, workarounds for these errors have been created …

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Updated on February 25, 2020February 25, 2020/ Brent Allen

3 different ways to get unique values in Excel

3 different ways to get unique values in Excel

It is very common to require a list of unique values from a list that contains duplicates. While it may be easiest to take a single approach to get these values, there are cases where a different approach may be …

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Updated on February 13, 2020February 13, 2020/ Brent Allen

Using XLOOKUP and TRANSPOSE

Using XLOOKUP and TRANSPOSE

With XLOOKUP , it is now possible to return multiple values from a single function. However; when these values are returned, they show in multiple columns. If we want to have them appear by row, we have to use the …

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Updated on February 10, 2020February 10, 2020/ Brent Allen

XLOOKUP – New abilities

XLOOKUP – New abilities

In my last post, I detailed how to replace existing VLOOKUP and other lookup formulas with XLOOKUP. However; XLOOKUP is more than just a replacement to the VLOOKUP and INDEX / MATCH functions! XLOOKUP adds some additional functionality that was …

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Updated on February 5, 2020February 4, 2020/ Brent Allen

How to use XLOOKUP in Excel to replace existing LOOKUP functions.

How to use XLOOKUP in Excel to replace existing LOOKUP functions.

In September 2019, Microsoft introduced a new function to help speed up the way that data lookups are performed. As of February 2020, the XLOOKUP in Excel function is still in testing; however, upon release, it will change the way …

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Updated on December 19, 2019December 20, 2019/ Brent Allen

INDEX / MATCH – How does it work?

INDEX / MATCH – How does it work?

Up until the release of the XLOOKUP function, there has been significant debate in the Excel community around which function is better – VLOOKUP, or INDEX / MATCH. But, what is INDEX / MATCH? This is a combination of 2 …

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Updated on November 7, 2019October 29, 2019/ Brent Allen

Quarterly Report – Using SUMIFS()

Quarterly Report – Using SUMIFS()

In this post, along with the next few posts, I will be discussing a hypothetical case where data has been provided and your job (as the analyst) will be to create a quarterly report detailing sales of 2018 new vehicles …

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Updated on November 27, 2019October 20, 2019/ Brent Allen

Creating a Basic Loan Amortization Schedule Without Code

Creating a Basic Loan Amortization Schedule Without Code

An amortization schedule contains details with respect to a loan, including the following: The principal amount of the loan. The interest on the loan (typically reflected in annual terms). The length of the loan (typically reflected in years; except in …

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