When calculating variances between actuals and budget, you typically have a positive value representing a favourable (good) variance and a negative value for an unfavourable (bad) variance. When looking at revenue and expenses together this poses a problem for the variance calculation. The calculation needs to be different for revenue and costs. Here’s a way to use a single formula for both.
Earlier this month I ran a free webinar on Excel Power Query.
This is the recording of the session with no editing, no time limit and no sign up required.
Power Query is the best way to import data into Excel. It is also the data importation system used in Power BI, so everything you learn in Excel can be applied to Power BI.
You can download the materials, including a detailed pdf manual at the button below.
We will all need to get involved to make change happen. The politicians from the two major parties in Australia are not interested, so we must make them interested.
Electrify is the call cry.
We need all levels of government to take the lead and start to support and subsidise the industries we will need moving forward.
It’s a little embarrassing that after 45 years of research and study, the best advice I can give people is to be a little kinder to each other.
Let’s say you are transitioning to retirement (lucky you) and you only work four days a week. You have Wednesdays off to play golf. You may still do projects and you need to figure out completion dates based on a start date and working days. Excel can help you.
When you create a hyperlink manually in Excel it captures the cell reference. If you insert rows the cell reference in the hyperlink doesn’t update. If you need it to update, this is what you need to do.
I was recently helping someone with a budget which they had built vertically, with the months going down the sheet. They then asked to display it horizontally, with the months going across the page. In the latest version of Excel this is straightforward.