Description

In this on-demand webcast, Excel expert David Ringstrom, CPA, brings his prior commercial real estate experience to the forefront by walking you through assembling a waterfall calculation from scratch. He begins with a blank worksheet and details every input and formula. Waterfall calculations are used to allocate cash flow among two or more partners based on their agreed-upon return parameters. David covers such concepts as range names, although he provides cell-address references you can use in lieu of range names if you so desire. He contrasts using the IRR worksheet function versus the XIRR worksheet function for computing investment returns. Additional worksheet functions—MIN, ROUND, DATE, SUMIF, and others—are included in the discussion. Check figures are used extensively throughout the model to ensure data integrity. Check figures also empower users to easily follow the calculations through the tiers. Topics Covered:
  • Using a custom number format to hide zero amounts within a specific area of a spreadsheet.
  • Getting familiar with Excel’s grid of rows and columns.
  • Preventing errors from the start by choosing from thousands of free Excel spreadsheet templates.
  • Learning the nuances of copying formulas within Excel spreadsheets.
  • Saving paper and eliminating frustration by monitoring the Print Scale setting.
  • Handling situations where numbers are presented as # signs on-screen and in Print Preview.
  • Discerning the nuance of entering text into worksheet cells.
  • Surfacing hidden Excel commands instantly by way of the Tell Me feature in Excel 2016.
  • Copying formulas efficiently down one or more columns at the same time.
  • Understanding Excel’s Freeze Panes feature.
Learning Objectives:
  • Identify how to skip confusing menus by way of time-saving mouse tricks and keyboard shortcuts.
  • Recall some basic data analysis techniques.
  • Describe Excel’s Freeze Panes feature.