An income statement tracks income and expenses for a small business. Most small businesses use cash accounting systems, so Excel is a great program to track your income and expenses. The cash basis ...

An income statement is typically prepared at the end of the year or the beginning of a new year when all financial information has been wrapped up and reported, but you can create one at any time ...

Excel functions, or formulas, lie at the heart of the application’s deep well of capabilities. Today we’ll tackle IF statements, a string of commands that determine whether a condition is met or not.

Excel gives the answer 10. If you have a mathematical background, you’ll know why Excel gives a different answer to such a simple calculation — and why, technically, Excel is right. If you don’t have ...

Tables, named ranges, line breaks, modern functions, and helper columns make Excel formulas easier to read, audit, and fix.

Struggling with managing large datasets in Excel? You’re not alone. Many users find themselves bogged down by repetitive tasks and complex formulas. But there’s good news! Excel offers advanced ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite stories); ...

Econometrics is important, but a great deal of the work of economists is simply looking at data, graphing data, charting data, calculating ratios and percent changes, and performing other data ...