Excel for Accounting

Learn basic Excel formulas using cell references to calculate tax deductions from gross pay. Lock references with absolute addressing, then fill across rows and sum totals efficiently.

Learn how to use the round function in Excel to round numbers to two decimals, format as currency, and prevent rounding errors in accounting totals.

Explore how to use the IF function in Excel to award bonuses based on a sales threshold, showing a logical test, true/false outputs, and how to lock cell references.

Learn to format a basic income statement in Excel, compute total expenses and net income, and use if statements to display net income or net loss with borders.

Learn to use sumif and countif to automatically total sales by name, lock ranges and criteria ranges for accuracy, apply multiple criteria, then convert results to currency and compute averages.

Use sumifs with multiple criteria ranges to sum sales for a specific sales rep and product, locking ranges and filtering by date ranges across January to June.

Learn to use vlookup and hlookup to retrieve exact data from a table, with data validation and locking the table array to ensure exact matches and error-free results.

Explore how to use VLOOKUP with approximate matches to calculate commissions and marginal tax rates. Compare exact vs approximate results and learn to lock table arrays.

Learn to use vlookup to map sales reps to regions and apply sumifs to total values by region, turning scattered data into actionable regional totals.

Learn how to create and customize a pivot table in Excel to analyze sales by region and product, including sorting, filtering, and top five item insights.

Master building pivot tables with region and product fields, format currency, sort by totals or max, and view values as percentages to compare regional product performance.

Learn to build a quick dashboard using pivot tables, charts, and slicers to analyze sales by region and product, with formatting and interactive filters that update visuals.

Learn to use Flash Fill in Excel to split names, reorder last name, first name with a comma, format data as a table, and convert numbers to text with apostrophes.

Learn to create column and bar charts in Excel using monthly revenue and sales-channel data, customize axes and labels, and explore recommended charts.

Explore creating and customizing line graphs for time series data in Excel, set years on the x-axis and dollars on the y-axis, and use built-in forecast to project future trends.

Excel for accounting teaches creating a scatterplot, labeling axes, and adding a linear trend line to show the link between study hours and test scores, including the equation and r-squared.

Explore how a balance sheet summarizes assets, liabilities, and equity, including current and fixed assets, accounts payable and receivable, inventory, and depreciation to show a balanced financial snapshot.

Analyze the income statement overview showing revenues, cost of goods sold, gross profit, operating expenses, depreciation, interest, pretax income, taxes, and net income across a multi-year period.

Explore the cash flow statement by tracing operating, investing, and financing activities from net income and depreciation to capital expenditures and dividends.

Learn to construct an income statement from revenue through net income, using a template to model growth, cost of goods sold, operating expenses, depreciation, interest, and taxes.

Develop balance sheet forecasts by setting assumptions, calculating days for receivables, inventory, and payables from revenue and cost of goods sold, and validating assets equal liabilities plus equity.

Learn to construct a cash flow statement from net income and depreciation, adjust for working capital changes, and reconcile operating, investing, and financing activities to ending cash.

Build a debt schedule in Excel for accounting by calculating cash balance, free cash flow from operating and financing activities, and long-term debt paydown, then reflect in balance sheet.

Build a PPE schedule by linking depreciation to revenue, projecting over five years, and updating capital expenditures and the balance sheet to create integrated financial statements.

Post transactions to the general journal by recording debits and credits, then verify equal totals to prepare accurate journal entries and progress to the general ledger.

Post journal entries to the general ledger in excel, recording debits and credits for bank, revenue, taxes, expenses, payables, and owner capital, then compute balances and verify accuracy.

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