We’ve previously covered how we can nest one or more IF functions inside the IF function. This enables us to perform multiple different actions depending on the tested condition, but it can also make the whole formula longer than necessary and hard to read/understand/correct. The IFS function can take the place of multiple nested IF statements and is, in principle, easier to read. The syntax of the IFS function is as follows: = IFS ( logical_test ; value_if_true ; …
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IFERROR and IFNA functions
We’ve previously covered how we can nest the ISERROR function, the ISERR function, or the ISNA function inside the IF function in order to check for errors and perform appropriate actions if errors occur. While effective, this can make the whole formula longer than necessary and hard to read/understand/correct. The specialized IFERROR and IFNA functions with simpler syntax can take the place of the IF ISERROR and IF ISNA combinations. The IFERROR function checks whether the cell or formula …
Rounding Numbers in Excel
Excel supports several similar but different functions that round numbers. Those functions will enable us to perform the following operations: * negative midpoint numbers are rounded away from zero, and not properly half-rounded up (towards positive) **the rounding direction is undefined for midpoint numbers, both rounding up and down can happen The ROUND function rounds a number to a specified number of digits. The ROUND function syntax is as follows: = ROUND ( number ; num_digits ) The ROUND …
TEXT function
In Excel, the TEXT function performs two operations: converts a number to text, at the same time, formats that number in a specified way. The TEXT function syntax is as follows: = TEXT ( value ; “format_text” ) Value can be any number, either inputted into the function or referenced. Format text nested inside quotation marks is based on the number format codes used in Excel. Excel number format codes can be copied from the Format Cells pop-up: …
Custom Date Formats in Excel
In addition to the preset options available for formatting dates in Excel, for specific use cases, additional custom date formats can also be created (coded). All rules for the creation of custom number formats apply. Custom date formats are created and stored only in the active workbook, and they affect only the way a number is displayed and do not affect the underlying value of the number. Pre-defined formats for date and time in Excel are available under the …
Format Numbers as Thousands, Millions, or Billions in Excel
You will sometimes need to report some of your figures in thousands, millions, or billions. This is typically accomplished by dividing the original figures by thousands, millions, or billions, and can be time and/or resource consuming process. However, Excel also offers an alternative in custom number formats. In Excel, numbers can be formatted to be shown as thousands, millions, or billions without any sort of calculations or modifications to the underlying numbers. Custom number formats are created (modified from …
Custom Number Formats in Excel
In addition to the preset options available for formatting numbers in Excel (decimal number, currency, percentage, date, etc.), for specific use cases, additional custom number formats can also be created (coded). Custom number formats are created and stored in the active workbook and are not available to outside workbooks. As with other formatting options, (custom) number formats affect only the way a number is displayed and do not affect the underlying value of the number. Consider the accounting number …
ROW & COLUMN functions
In Excel, there are specific use cases where an exact row (column) number, or an exact number of rows (columns), are necessary for calculations. The ROW function returns the row number of a reference. The ROW function syntax is as follows: = ROW ( reference ) If reference is omitted, the number of the row in which the formula appears is returned. The COLUMN function returns the column number of a reference. The COLUMN function syntax is as …
Generate a random date and/or time between two dates
Generating random dates and/or timestamps in Excel is the same as generating any other random number. Keep in mind that no matter how dates and/or timestamps are formatted and possibly edited, the underlying values saved in cells are decimal numbers. Number 1, formatted as a date, will represent January 1, 1900. 44.916 will represent December 21, 2022. 44.916,888111 will be representing December 21, 2022, at 9:18 PM. Date and/or time stamps should be generated between two dates (within a …
Invisible Numbers with Conditional Formatting
You will sometimes need to make some of your numbers appear invisible. In this text we will show how to accomplish this goal using a custom number format, as we want to avoid the commonly used white font color and other problematic methods of accomplishing this goal. Consider the following example: This is a table that will be linked into a PowerPoint presentation, and the gridlines are not shown. Multiple cells contain zeros. We want those to appear invisible …