Pivot table is great tool in Excel to create reports and analyze data. Go thru the simple exercise below to understand the concept
When you need to verify data that can go in a cell, Data validation is the function in Excel to use.
Conditional Formatting allows changing appearance (different color, font, format etc) of cell based on certain condition. For example you can show employees with Salary Higher than 100000 USD in Red. This makes easy and visually appealing to read and interpret data.
Excel 2007 comes with the option of querying web to export table data from internet. This is a very good option if you rely on constantly updated data such as exchange rates etc.
Data Table is a What If Analysis Function to find out result by altering an input cell in Excel.
Name range in Excel is a way to define a range to be used in Formula.
There are different ways a cell can be referenced or called in Excel.
You can use Scenarios to see what would happen to your bottom line figure if you change certain values.
When you know the result but are not sure of the input that would bring the desired result, Goal Seek function can help. Goal Seek is one of the” What If” analysis functions in Excel.