Microsoft Excel is one of the world's most popular business software packages. It is incredibly powerful, with more features added to it continuously.
You may, therefore, have a desire to learn how to master Excel so that you can work quicker, simpler and with more ability.
Read More : 11 Best Excel Presentation Tips in 2020
A good start is to be decisive at navigating the Excel interface. Let’s start with the basics.
When typing data into Excel you can utilize the Tab key to move to the next cell in the column to the right.
The Enter key can be utilized to move to the cell in the next row down. If you have been utilizing tab to move through the columns, pressing Enter will take you one row down and back to the cell in the column you started in.
Pressing the Ctrl key and the Up, Down, Left or Right directional arrow keys together will take you to the last utilized cell in that direction.
This is very profitable to navigate large lists.
Pressing the Ctrl and the Home key together will take you to the first cell in your data range.
The best method to speed up your day-to-day Excel work is to learn some profitable shortcuts both with the keyboard and your mouse or touchpad.
If you are a starter, then begin by learning the general keyboard shortcuts. Good ones to learn include Ctrl + C and Ctrl + V to copy and paste. And Ctrl + Z to undo the last action.
As you start to utilize these shortcuts in your regular work, push yourself to learn more.
Two of my favorite shortcuts are Ctrl + ; to enter today's date in a cell. And double-clicking the fill handle to copy to the bottom of the list.
Although you would not require them all, learning some to make your Excel work simpler is a considerable idea.
This wonderful feature keeps your headings and other labels visible at all times as you scroll around the spreadsheet. It is a crucial Excel skill to know.
The headings for a spreadsheet are commonly just in the top row. So to freeze this area, click View > Freeze Panes > Freeze Top Row.
You can freeze as many rows, and columns, as you required.
One of the main methods to master Excel is to be accomplished at writing formulas. These are the muscles of Excel.
From performing basic calculations in cells to utilizing more advanced formulas - you will stand head and shoulders above the rest if you have this skill.
If you are new to formulas, start with creating basic calculations that add, subtract, multiply and divide values.
Then start to learn some of the more basically utilized functions. These consists of SUM, IF, VLOOKUP, COUNTIF, and CONCATENATE.
When you are comfortable writing formulas, you can do almost anything. You can even utilize formulas within Conditional Formatting rules, charts and other Excel features to make them more powerful.
A simple drop-down list on a spreadsheet can make entering text much simpler, and more significantly ensure it is appropriate.
To create a drop-down list;
Conditional Formatting is one of the most famous features of Excel. It helps the user get a quick understanding of the data they are looking at.
You can create simple conditions to automatically format cells if a target is reached, a deadline has passed or maybe sales have decreased below a certain threshold.
For a quick example, if a value is larger than 300 we want to change the cell color to green.
A green fill and font color are utilized here, but there are lots of formatting options accessible.
With conditional formatting, there is also the capability to apply data bars and icon sets. These visuals can be very adequately.
Flash Fill is an awesome feature that quickly manipulates data. This feature can considerably reduce the time taken doing regular data cleansing tasks, that previously we relied on formulas and macros to do.
PivotTables are one of the most amazing tools in Excel. They make summarising large datasets as simple as 1, 2, 3.
A PivotTable could be utilized to break down a large list of sales to see the sales by region or even sales of particular products in every region.
They are extremely powerful, but also simple to utilize. A PivotTable is a tool to make creating reports more straightforward and does not need to write any complex formulae.
To create a PivotTable;
The Values area is where the calculations like sum, count and average are performed.
The calculation can be changed by right-clicking a PivotTable value, selecting Summarize Values By and selecting the function you want to utilize.
With PivotTables, I encourage you to grab some spreadsheet data, insert a PivotTable and start to drag fields into the areas and explore the options accessible.
Excel features like PivotTables, formulas and Conditional Formatting will only work if the data is appropriate.
A few of the tips in this article demonstrate methods to manage this accuracy consists of creating drop-down lists and utilizing Flash Fill. Protecting your Excel data is another significant step to take.
Excel has a few different types of protection that can be applied, but the most leading one is to protect the sheet.
Protecting a sheet is performed in two stages. Firstly you identify which cells on the worksheet, you do not want to lock. This assures that users can still edit these cells. Then you apply the protection.
Having knowledge of these two Power tools will take you beyond the regular user.
Power Query is a tool utilized to import and shape data ready for analysis. It is found on the Data tab of the Ribbon.
With Power Query, you can import data simply from a collection of places consists of CSV, the web and from a folder.
The Power Query Editor then provides a user-friendly environment to perform a number of cleaning and shaping operations like splitting columns, formatting, removing duplicates and unpivoting data.sword for extra security, but it is optional. Check the boxes of any functionality users will require to perform and click Ok.
The unlocked cells can still be changed, but with limited functionality. If you try and edit a locked cell, a message will appear telling you that the sheet is protected.
Power Query uses a language called M. This is challenging to master and fortunately not required for 99% of Excel users. The editor gives everything that a user would require.
Every edit that is made is stored as a step and can be refreshed in the future with the click of a button.
Power Pivot is a tool that enables the storage of huge volumes of data. Storing data in Power Pivot enables us to go beyond the physical limitations of Excel.
In Power Pivot you can also create relationships between various tables of data and write functions known as DAX function.
The capability to create these models and utilize DAX gives far more power than you can get more a spreadsheet.
This is a significant tool to understand for anyone involved in identifying huge quantities of data or requires to perform complex analysis.
Macros enable you to automate repetitive tasks to supercharge your productivity.
These tasks can be complex, but for most users, they are reasonably simple tasks that are repeated general. Macros give a method to perform the tasks quicker and more reliably.
You can get started with macros by recording yourself performing Excel tasks. This will generate the VBA code and produce a macro.
You can find the macro recorder on the View tab of the Ribbon. It is the last button.
Recording macros can save you and your colleagues a considerable deal of time.
If you want to take things further, you can learn Excel VBA and edit your macros.
With VBA you can make your macros do things way beyond recording and create functionality that Excel does not provide itself.
To see the VBA code created by a recording;
Click View > Macros, select the macro in the list and click Edit.
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The meaning of audit is here, that is, when you do any work, it is tested by some or the other. This investigation is called audit.
Now audit in tally means checking the entry in the tally and this audit is of two types, first by user and second by CA.
Audit is an important function of any business organization, indicating that True and Fair transactions take place in the business during the year. There an inbuilt feature in Tally.ERP 9 -Tally audit that enables auditors to audit or track changes affecting the integrity of a transaction, such as dates in the voucher, changes made to the Ledger Masters and Amount Tally audit Are reflected in the Listing. When creating a company you have to enable security control, tally audit facility. You can use the administrator login ID or create a user with tally audit access by selecting audit listings in the respective security levels. In Tally training in Chandigarh, you get the complete knowledge about Tally audit.
To understand this tally audit, you also have to understand what happens when tally audit goes, so when there is more user in our company then we will use tally audit option.
Suppose you have a show that you have to enter the bill of all shops, now the opening time of your shop is from 8 am to 10 pm, then in this case you will not be able to enter the whole day, then your If you will hire someone who can do your work, then you are a kind of boss and the employee or employee whom you have kept, now when you come in the morning, you will be in the tally.
If you open the company with id and after you finish the work, then your employee enters your place but if he will give his own id password, it might be a problem. If you give all your data, then we will give him a different id password, in which he will not have much permission and your data will be secured.
Then when that user has reduced his work, then you will log in to the company with your id password and audit his work.
To do a tally audit, some steps have to be followed. Let's know which are these steps -
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Confidence and attitude play a significant role in public speaking. One require to be confident in front of his/her audience to create a lasting effect. Remember, if you don't believe in yourself your audience would not take you seriously. Nervousness only specify either you are misleading or not sure of what you expect to communicate.
Read More : Preparing for Public Speaking
What is confidence? Do you know the difference between over confident and being confident? You really do not have to overreact or utilize a fake accent just to show that you are confident. Trust me; by doing so, you would destroy the show. What is the need of copying others? Aren’t we capable enough to handle our audience? You really do not need to worry if you know you are correct. Self confidence is crucial in public speaking. Confidence reflects in the way you carry yourself. Some people have good communication skills but they also lose confidence, when it comes to addressing a large number of people.
Challenges such as stage fear, nervousness disappear when you have confidence in yourself. There must be something in you and that is why your superiors have asked you to address a larger audience. Confidence is gained only when you know the main agenda and the purpose of the presentation is clear. How do you think people will believe you if you are not sure of your content yourself? Remember, convincing people is definitely not a cake walk. But yes, the situation becomes easier when you are not only confident enough to explain to others but listen carefully to them and also act accordingly.
Public speaking is not everyone’s cup of tea. Not everyone is comfortable standing in front of a large number of audience, making eye contact with audience and delivering his content confidently. Positive attitude plays an important role. Some people have the habit of cribbing on everything. If your boss goes to you and asks you to address a group of 50 employees, what would be your immediate response? Some people will definitely not like the idea and will make many excuses to avoid it. Where is the problem? Trust me, the problem in our attitude or the way we see things. Professionally it always helps to look at the brighter side of things. Remember, cribbing leads to no solution.
A person who accepts challenges with a smile is one who climbs the ladder of success, at least within the time limit. Do not make issues of every small and big thing. Need to stay positive. This not only reduces stress but also helps you give your hundred percent. The job of a public speaker is to ensure that his / her audience understands what was discussed in the session. A positive attitude helps you stay focused and calm. Put a smile on your face. A positive attitude plays an essential role in helping you connect with your audience. Even if someone asks you a silly question, why should you be rude with him? Never find fault in others. You need to understand that if a person has invested his time or perhaps money to attend your session, he has full right to clear all doubts and go back home happy and satisfied. People with negative attitudes usually find it difficult to adjust with fellow workers. Learn to accept your mistakes. Do not mind telling someone your mistake. Instead make sure that you do not repeat them in the future. Positive attitude helps you to deal with criticism and face critics.
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QuickBooks offers many versions designed to fit the accounting required of virtually any small or medium-sized business. All versions of QuickBooks feature tools for routine accounting that clarify tracking invoices, expenses, consumers, bills and more.
QuickBooks saves time by helping to assure correct accounting and by decreasing or eliminating altogether, required to enter the same accounting data in different software applications.
Read more : QuickBooks & How Do Businesses Use it
Regardless of your business needs, a Quickbooks version exists to aid you in your accounting process. If you would like to use the online version of the software you can select from five disparate versions. The online software comes with a monthly charge, but you will always have the latest software version and you can access your data from any computer.
If you prefer a desktop version of the software, so you can load it on your computer and use it even if you are not online, Quickbooks has three desktop versions to meet your requirements.
This online version has the fewest functions, but also the lowest monthly price. At the time of publication, this software costs $5 per month. You can track your income and expenses, create invoices and accept payments, estimate your quarterly taxes and run several reports to consider your business results.
One of the biggest benefits of QuickBooks Online is its compatibility. The online versions can work across all platforms because the software does not run on your desktop, laptop or mobile device. Instead, it is hosted and run on Intuit's servers and you access it using an internet browser. This offers extra security and protection from data loss and assures you always have the most updated version of the software. The feature set consist of the following :
The company offers three subscription plans for QuickBooks Online : Simple Start, which consist of the basic functions specified above. Essentials add the option of having various users, time tracking and the capability to maintain bills. The Plus version consist of all of the features of the other two versions, plus the functionality to track inventory, projects, and 1099 contractors. Every comes with a 30-day free trial period.
QuickBooks Pro edition can create estimates and invoices; payments, sales tax, track sales and inventory; integrate with Microsoft Outlook and export data to Excel, among many other features. Additionally, all three desktop versions track inventory, and the Enterprise version consist of advanced inventory-tracking features.
QuickBooks Premier offers all of the performance of QuickBooks Pro plus the following additional features :
QuickBooks Enterprise edition is the most powerful version of QuickBooks. It is designed for medium to large businesses, especially those that are increase to multiple locations. It encompasses the features of the smaller editions, adds a few more large-scale features, and expanded the number of concurrent users to 30.
Unlock the full power and potential of your accounting and financial software, consist of QuickBooks software options, or find a financial software solution that is right for your business, whether you are an independent contractor or sole proprietor, partnership, small business or a large enterprise.
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Accounting has been around since the starting of trade. Through the years, it has become a great player in the professional spectrum.
Today, it continues to contain a great number of professionals around the world. Careers in accounting are growing due to the steady demand for its services.
It is indeed one of the most encouraging professions.
And It's an Excellent Choice.
One of the usually asked questions regarding this matter is: Is accounting a good career?
People have different takes on this and the answer confide upon what you want in life, really. Now that would be an absolutely disparate topic so let's not go into that. We will get into the hard facts instead. If you ask me, well, I say yes. I think accounting is a good career choice. And I will tell you why.
Accounting provide a stable rate of employment amidst economic fluctuations. Few professions take a beating when the economy dives. But not accounting.
Businesses require to keep track of their operations to be capable to find methods to survive economic plunges. They require to report their earnings to the state and pay taxes, regardless of the economic conditions. Managers require to often furnish monthly or quarterly reports to the board. Get the idea?
Accounting is an essential in business. And with the massive business activity we have , there is plenty of work for new and seasoned accountants.
Accounting professionals enjoy decent remuneration. The salary range differ as to your job description, level of experience, educational background, location and other factors.
Bookkeepers, accounting technicians and clerks receive an average of $15,000 to as high as $35,000 annually. Young certified accountants' salary ranges from $30,000 to $60,000 although seasoned accountants and top management officers get as high as $200,000 per annum.
In accounting, you have a wide selection of fields and areas of practice to select from. You can work as an employee with steady shifts and regular exercise if you want. Also, with acceptable qualifications, you can work freelance and have your individual customers. Business organizations will need your expertise to prepare, inspect , or audit their financial statements. You can also work as an instructor in the academe; a fraud investigator,become a book author or an information systems specialist.
That is how vast the convenience are in this profession.
Now let me point out one significant fact.
In the past, holding a bachelor's degree is acceptable to land into a good job. It still is a qualification but with the expanded competition in today's employment, you have got to stand out. An accounting certification in a specialized field will help you boost your career and expand your earning potential.
If you want to learn more about is Accounting a good career choice then Accounting Courses in Chandigarh is the right place for you.
Remember being a manager does not mean that you are sitting in a closed cabin and forwarding on instructions to your team members. Do not forget that respect is something which is always obtain, never demanded. Adopting a Hitler access will not only make you unpopular among your team members but also an unwanted member within the organization. No one will tolerate your Bossy nature for a long time. One of the most essential roles of a manager is to take his team along and motivate team members to deliver their level best. Your role is to extract the best out of employees and also help them hone their skills and capabilities.
Make your team members feel that you are always there with them. Extend your support whenever required. A good manager is one who smiles even in stressful times. A manager should be like a safety cushion who absorbs all the tension and stress is never passed on to his team members. Encourage your team members to smile quite generally as it not only diminish stress among team members but also leads to a positive situation at the workplace.Remember,you have to be a role model for your team members. A manager is successful only when he is a strong source of innovation for his team members.
A manager required to carry himself well. Whatever you wear daily to work, your team members would automatically begin following your style. Make sure you dress sensibly; after all you have to set an example for your team members. Avoid wearing casuals and loud colors to work. Wear clothes which make you feel confident and look good.
As a manager, one require to be honest and fully committed towards the organization to expect loyalty from team members in return. Do not treat your organization as a single source of money. Discourage your team members to back stab each other pleasure and spread unnecessary rumors about fellow workers.
Never be rude to any of your team members. Do not treat your employees as slaves. Appreciate employees who perform exceptionally well. A pat on their back will go a long way in motivating them to perform even better the next time. Put their names on notice boards to accept their hard work.
Reach office on time. Being punctual is a considerable personality trait which makes you successful in a short span of time. Ask your team members to reach office on time to avoid avoidable late sittings. Late sittings do not express that an employee is hard working but reflect his/her poor time management skills.
Leave your ego behind the moment you walk into the office. There is no place for ego and personal challenges at workplace. Do not hold personal complain against anyone in your team. Avoid criticizing and making fun of others.
As a manager, you require to be soft in your access. Be realistic. Don’t be surprised if your team member asks for a half day or a full day leave on his/her birthday. After all it is a special day for him. Do not stop him unless and until there is something actually necessary at work.
Respect your team members. Every employee in the organization ought to be treated as one irrespective of his/her designation or level in the hierarchy.
Be a patient listener. Lend a sympathetic ear to your team members in case of queries. Give them appropriate feedback and timely monitor their performance.
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Excel Formula Vs Function :
Once the question I get asked about a lot it when it comes to Excel is just what is the difference between a Formula and a Function? In this article, I will discuss the differences and go through some examples.
A Formula in Excel can be described as a statement written by a spreadsheet user that requires a calculation to generate a specific result. These formulas can be as simple or complex as the users want.
A Formula can contain values, references to cells, defined names and functions - but more on the latter.
Let's start at the beginning. An Excel formula must start with an equal = sign.
If you do not enter this character, Excel will take your cell entry as text and no calculation will be performed on your cell entries.
So after the equal sign, a formula will then include the cell reference or address of the values that will be manipulated or calculated using various operands that are in between.
These operands are standard mathematical operators that you will know: - multiplication, Additions, division, subtraction and exponents.
Read also - The five best Excel functions for beginners
=A1+B1 which is typed into cell A2
This adds to the contents of cell A1 and B1 and shows the result in cell A2.
In summary, an Excel formula is written directly in the formula field, they do not have built-in guides, they cannot be nested and they are usually simple calculations.
The Excel function, on the other hand, is a predefined set of instructions built into Excel that will perform some type of operation to provide and output value. Another way to explain a function is a formula that has already been written for you in Excel.
The great thing about features is that they can be nested within each other, used to simplify complicated formulas and have built-in wizard to guide the user in the different parts of the function.
All of these pre-programmed functions are grouped in the Formulas tab. Just use the Formulas tab to access them, or you can click the insert function fx button to bring up the feature dialog box
There are three ways to start using a function, just start typing the action you want to perform, e.g. SUM, AVERAGE, etc., or you can select the category if the calculation, for example, date and time, financial or TEXT and finally you can scroll about all the available options.
So if we take the same example as above, a function that would generate the same result and write the formula would be
= SUM (A1: B1) this sums the contents of A1 and B1 and shows the cell contents of A2.
So can you combine the two? Yes, you can, and often do users to simplify more complicated calculations. Let's look at an example or two.
All of the above are formulas, but some contain other functions such as example 2 and example 3 as well as operators such as plus and minus to give an output.
That's it, it's really that simple.
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