Excel Formula Help is Here

Excel formulas can be frustrating to understand, especially when you start nesting functions.

understanding excel formulasIf you’ve used Excel for a while you’ve probably experienced the urge to bang your head on the desk in frustration. You may have even succumbed to that temptation. I know I have.

In the video below I share a handful of tips that will enable you to understand any formula and figure out why it’s not returning the value you’re expecting, or even worse, why it won’t let you enter it at all!

Here’s an email one of our members sent after watching this video:

“WOW! I’ve been using Excel a rather long time (mostly self-taught) and never picked up the some of the techniques you showed in this short video. I learned SIX new-to-me techniques just watching this 7-minute show! My coworkers think I’m an “Excel guru” but watching this…I’m nearer a novice!

I almost clicked out of the video when I saw it was troubleshooting formulae – a common enough task for me. But then I saw the tool tip and you moved it! I can’t tell you how many times that thing has gotten in the way, but I didn’t know it was moveable. And the other 5 troubleshooting tips in this video that I didn’t already know – wonderful, wonderful!”

For best viewing quality: press play then 1. click the cog and select 720p HD, and 2. click the icon on the bottom right of the video to view in full screen.

Relieve Frustration Around the World

Do you know anyone else who bangs their head on the desk in frustration with Excel Formulas?

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{ 4 comments… read them below or add one }

ASHOK JAJAL December 5, 2013 at 8:31 pm

In the below example my problem is with brokerage figure which is based on 0.01% of turnover, it should not be cross the 40 . even if i will increase buying price, selling price, or quantity , insort if turn over figure come 450000 so brokerage figure should not reach 45 , but below 40 it should be show exact figure ie.39,38,35,31,19,15,9 whatever , i m looking for its excel formula
Particular Buy Price Sell Price Qty.
—————————– ————- ———— ——
100 100 1000
Turnover 200,000
Brokerage 0.01% of turnover 20
Stt Total 25
Total Tran Charge 7.8
Service Tax 5.74
Education Cess 0.11
Higher Edu Cess 0.06
SEBI Charges 0.20
Total Tax and charges 78.91
Points to Breakeven 0.08

Reply

Catalin Bombea December 5, 2013 at 10:47 pm

Hi Ashok,
Can you please send us a file with your data and with complete details on what you are trying to achieve? It’s very hard to work on data provided, we will gladly help you if we have clear information.
You can use the Help Desk: http://www.myonlinetraininghub.com/helpdesk/
Thank you,
Catalin

Reply

rosa September 18, 2013 at 3:26 am

what is wrong with this formula? I am not getting the expected results. Is there something wrong with my Date syntax?

=COUNTIFS(D2:D7,”complete”,Z2:Z7,”US”,AA2:AA7, “UD”,AD2:AD7, Date <=DATEVALUE("1/31/2013"))

Thanks in advance for your help :)

Reply

Mynda Treacy September 18, 2013 at 9:42 am

Hi Rosa,

Is ‘Date’ used here: ‘Date <=DATEVALUE(“1/31/2013″)’ a named range? If so you don’t need it in the criteria. Your criteria is the date inside the parentheses. So your formula probably should be more like this:

=COUNTIFS(D2:D7,"complete",Z2:Z7,"US",AA2:AA7, "UD",AD2:AD7, <=DATEVALUE("1/31/2013"))

If that doesn’t work please send me your workbook via the help desk so I can see what is in the other cells being referenced by the formula.

Kind regards,

Mynda.

Reply

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