Breaking Down Formulas

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Description

In this comprehensive presentation, Excel expert David H. Ringstrom, CPA, shows you various ways to make sense of complicated formulas. Sometimes your formulas can grow out of control, or, more likely, you’ve inherited spreadsheets from others that you’re to take ownership of. You’ll have many tricks at your disposal to quickly decipher even the most complex Excel formulas after this on-demand webcast.

Topics Covered:

  • Auditing portions of a formula by using the F9 key to temporarily convert part of a formula to a value.
  • Determining whether it’s safe to edit or delete a cell by way of the Trace Dependents feature.
  • Displaying all formulas in a worksheet at once with the Show Formulas feature.
  • Giving yourself more room to work by expanding the formula bar when needed.
  • Identifying other cells a formula relies on by way of the Trace Precedents feature.
  • Leveraging Excel’s color coding to detect cells related to a formula, especially in Excel 2013 and later.
  • Making copies of formulas safely to provide you with a fallback position.
  • Shortening worksheet names, even temporarily, to make formulas easier to comprehend.
  • Stepping through formulas in slow motion with the Evaluate Formulas feature.
  • Utilizing keyboard shortcuts to identify precedent and dependent worksheet cells.
  • Utilizing the FORMULATEXT function in Excel 2013 and later to display a formula from one cell in another cell.
  • Utilizing the New Window and Arrange Windows commands to view two different worksheets simultaneously.

Learning Objectives:

  • Apply Excel’s IFERROR function to compensate for temporary situations where a formula may return an error.
  • List the benefits of using range names.
  • Define how to display all formulas in a worksheet at once with the Show Formulas feature.