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The solver in Excel is part of an analysis tool known as “What-If analysis”. You can use a solver to ascertain an optimal value in one cell known as the “target cell”.
Basically, a solver is used for a group of cells that are directly or indirectly related. Constraints can also be applied to minimize the value that can be used by Solver. We will provide a step-by-step guide on how to use Solver to find a solution to a business problem.
A company budget is a financial plan that outlines how a business will spend its money over a specific period of time. Budgets are typically created on an annual basis, but they can also be created for shorter periods of time, such as quarterly or monthly.
Excel is a very important application for the planning of household budget. A complete plan with Excel can help you see your expenses and incomes at a glance, ensuring that you plan your family’s finances effectively.
With Excel, you can automatically update changes using spreadsheet calculations. Preparing your household budget in this manner can help you do a lot of things such as planning for holiday expenses or preparing for Christmas.
This section shall take you step by step on the best way to prepare household budget in Excel. But before you begin, you need to have a computer with Excel spreadsheet (preferably the latest version) installed.
Excel Dashboard reports are becoming increasingly popular these days. They help the reader quickly comprehend raw data by presenting it in virtually rich tables and charts. They are interactive and give a comprehensive insight into business performance indicators, making them easier to change or filter to your preference.
Creating Excel dashboards can now be carried out without worrying yourself about additional software. If you are looking to build a KPI dashboard in Excel, follow these steps below:
Excel has a variety of tools that make analyzing, sorting, and compiling data easy. However, there are add-ins that can perform different functions to help you improve your efficiency and reduce the time spent on your Excel worksheet. Here are the top 11 Excel add-ins you need to incorporate into your Excel sheet for more efficiency.
In this article, we are going to learn how to refer to a cell in VBA. When using one of the most common task is to refer to a cell or a range of cell and then do something to it like changing the format of the cell or entering a formula in the cell. An example is highlighting the cell A1.
In this article, we are going to learn how to insert and use a toggle button in an Excel worksheet. A toggle button is used to indicate a state, such as Yes/No or a mode, such as On/Off. The button alternates between an enabled and disabled state when it is clicked. For example, you can use the toggle button to hide and unhide rows, hide and unhide columns, hide and unhide a chart, switch between design mode and edit mode, or as an alternative to the check box. Either way, you can see that toggle buttons are very useful.
In this Excel lesson, you will learn how to insert Scroll Bar to your worksheet. Also you will find out how useful is to insert it to make your worksheet more interactive and dynamic.
In this article, we are going to learn how to declare a variable in VBA Excel. First, we are going to learn what a variable is and then some of the types of variable are. Finally, we are going to learn how to initialize and use variables in Excel VBA.
In this Excel VBA tutorial, you are going to learn how to create and call a VBA function in Excel. Excel provides the user with a large collection of ready-made functions. These functions are usually more than enough to satisfy the average user’s requirements.
If these functions aren’t enough, or if a user is looking for a new function, many more of these functions can be added to Excel by installing the various add-ins that are available.
Most calculations can be achieved with what is provided. However, sometimes you are doing a tedious task, and before long you find yourself wishing that there was a function that did a particular job, and you can’t find anything suitable in the list. That’s when you need a UDF, or a “user-tailored” function.
A UDF (User Defined Function) is simply a function that a user creates for him or herself with VBA. UDFs are often called “Custom Functions”. A UDF can be simple or very complex; depending on the user.
To use a VBA function, you must first create it. Follow these steps to create a VBA function and call it: