SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

Microsoft Excel's SUMIFS function calculates the sum of values in a range of cells based on multiple conditions. It avoids ...

Microsoft Excel was first released in 1987 and — despite popular competitors such as Google Sheets — is still used by millions of businesses throughout the world. Described as the “world’s most ...

Both the Currency and Accounting number formats in Excel are used to display monetary values, including the symbol for the chosen currency. However, in this article, I'll explain their subtle ...

Q. Could you explain how the UNIQUE function works in Excel? A. Excel’s UNIQUE is a dynamic array function that can be an essential tool for data analysts and accountants. This function allows users ...

Accounting for a small business using Microsoft's Excel often requires the use of figures from one year as part of the accounting necessary for the next year's figures. Rather than keep a continuous ...

In today’s fast-paced business environment, efficient and accurate financial reporting is crucial for making informed decisions. Manually consolidating and transforming financial data from multiple ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...

Millions of small business owners and entrepreneurs all over the world use Microsoft Excel to help with common accounting, forecasting and inventory tasks. With Excel's integrated tools, it is ...