Category Excel & Accounting

Time is precious and if you are stuck with lots of work, then you can save your precious time if you know how to utilize Excel power tricks. This is how you can fill blank cells in Excel quickly. Step…

To count specific text in Excel is not a difficult task. It can be done via the famous COUNTIF formula. Previously, we have used COUNTIF formula under two cases as follows: How to Count Cells between Two Numbers in Excel…

3D sum functionality in Excel is quite awesome feature which simplifies the lengthy process. If used wisely, you can ease your task in spreadsheet. In order to understand the use of 3D Sum, first you need to look at the…

There are circumstances under which you have to represent data in range form. In this case, you can take support from COUNTIFS formula to represent any set of data in a range format. Most of the common situation of this…

Counting data in MS Excel is not a difficult task. Whatever the data is and whatever your report requirement is, you can simpoly do it via COUNTIFS functions. There is no need to do this via Excel macros. Lets suppose…

Microsoft Excel plays a key role in our daily finance and accounting task. That is why; it is true to say that it is the best supporting tool for an accountant and finance professional. People often takes loan from banks…

There are numerous method of depreciating the fixed assets. One of them is Double declining balance. In our earlier post regarding double declining,we learnt how to do it using manual work. But, now our focus is to use Microsoft Excel to…

We have discussed Declining balance method of depreciating the fixed asset in the past. But in this tutorial, we will focus on how we can do it with easy to use Microsoft Excel formula. Excel Formula Declining Balance DB( cost, salvage, life, period,…

We have covered Pay Back Period in great detail. The process is not difficult and usually takes hardly 05 minutes. But, there are friends who want to know the exact years with decimal values. For them, we are sharing the…

The maximum amount of revenue that the Government earns from direct taxes comes from salaried individuals. In order to calculate the amount of tax liability, we need to memorize the slab rates which is not an easy task. Most of…