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5 Powerful Excel Functions That Make Work Easier

5 Powerful Excel Functions That Make Work Easier

If you’ve just started learning how to use Microsoft Excel, you’ll probably have a lot of questions to ask about the functions of the program. Because let’s face it, despite being exceptionally useful, Excel can be a very complicated application. It’s like a hammer when your most frustrating reporting tasks at work resemble nails.

Aside from great Excel features such as flash fill, pivot tables, and conditional formatting, Excel also has a lot of powerful functions that will help save time when creating spreadsheets. Invest some time in learning to use Excel so you can prepare and manage complex reports, as well as perform what-if analysis on data like a pro!

To help you get started, here are 5 important Excel functions you should learn today.

1. The SUM Function

The sum function is the most used function when it comes to computing data on Excel. This function works to sum a group of numbers in a specific set of cells. This means you don’t need to type a long cumbrous formula just to calculate the sum of all the data you need. Because of its popularity, newer versions of Microsoft Excel have a button specifically for this function.

This function is performed by typing the formula on the function bar and highlighting the cells you want summed before clicking “Enter”. You also need to be careful in highlighting cells, as Excel will sum everything you include. If this happens, you can easily click the “Undo” button to reset the values back to its original state.

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SUM function

    The syntax formula for sum function is “=SUM” (number1, number2, etc.).

    In this image, the sum function for the cells C2 through C7 is obtained through the formula “=SUM(C2:C7)”, giving you the result of 33161.

    2. The TEXT Function

    Text function is a useful tool that helps convert a date (or number) into a text string in a particular format. It falls in the category of string formulas that converts numerical values to a string. It is handy when users need to view numeric data in a readable format. Take note that the “TEXT” formula only works to convert numeric values to text. Therefore, its results cannot be calculated.

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    TEXT FUNCTION

      The syntax formula for text function is “=TEXT” (value, format_text).

      • “Value” refers to the particular number you wish to convert to text.
      • “Format_text” defines the format of the conversion.

      In this example, the user uses a text formula to find the abbreviated day for the date “=TEXT (B2, “ddd”)”.

      3. The VLOOKUP Function

      VLookup is powerful Excel function that is often overlooked. Users will find it useful when they need to find specific data on a large table. You can also use VLookup to search for names, phone number, or specific data on your sheet. Instead of manually looking for the names and wasting time scrolling through hundreds of data, the VLookup function makes this process faster and more efficient.

      vlookup

        Image: spreadsheeto.com

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        The VLookup formula is “=VLOOKUP” (lookup_value, table_array, col_index_num, *range_lookup*).

        • “lookup_value” is the data you want to find.
        • “table_array” is the data column where you want to limit your search.
        • “col_index_num” is the column number within the table that you want to return a value from.
        • “range_lookup” is an optional argument that allows you to search for the exact match of your lookup value without sorting the table.

        4. The AVERAGE Function

        The average function is an extremely useful tool for getting the average value in a range of cells. Like the sum function, it is frequently used in computing and analyzing data on spreadsheet. Basically, the average function works to find the “arithmetic mean” for a group of cells. Aside from the average function, Excel also has the median and mode function.

        Average Function

          The syntax formula for the average function is “AVERAGE” (number1, number2, etc.).

          • “Number 1” refers to the first number in the range where you want the average.
          • “Number 2” is the additional reference of the average range. You can get an average of up to a maximum of 255 cells.

          Additional ­­Examples:

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          “=AVERAGE (A2:A10)” – computes the average of numbers in cells A2 through A10.

          “=AVERAGE (B2: B10, 7)” – computes the average of the numbers in cells B2 through B10 and the number 7.

          5. The CONCATENATE Function

          This function is a good time saver when you need to combine data from 2 or more cells. Unlike the merge tool which physically merges two or more cells into a single cell, the concatenate function only combines the contents of the combined cells. In the latest version of Excel ( 2016), the concatenate function has been replaced with concat function and will be incorporated in more future versions of Excel.

          Average Function

            The syntax formula for the concatenate function is “CONCATENATE” (text1, [text2…text_n]),

            • “Text1, Text2…text_n” are the data you want to combine.

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            Armela Escalona

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            Last Updated on August 20, 2018

            What Highly Successful People Do Every Day To Perform At Their Best

            What Highly Successful People Do Every Day To Perform At Their Best

            What separates highly successful people from the “average crowd?” This is a topic that is widely discussed.

            If you want to be successful, you have to watch carefully what other successful people do and imitate them. While every successful person has his or her own unique approach, there are a couple thoughts and actions they have in common.

            Here are 7 habits many successful people have!

            1. They make a difference

            If you have an idea, that idea has to change peoples life’s. As long as you’re not helping other people, it’s useless. Don’t start with an activity or business primarily to make money, it won’t work. When you create fans by offering your expertise, they are willing to pay for it. The problem with today’s entrepreneurial mindset is that’s all about “quick” money and not necessarily about making a difference.

            “Strive not to be a success, but rather to be of value.” — Albert Einstein

            2. They focus on productivity instead of on being busy

            Do you know those people who always say they can’t meet up with you or help with a certain thing because they’re always busy? I do, and to be honest I was one of them.

            When I look back, I don’t actually know with what I was being busy. I thought I was being busy, but now I realize I could have done many things in a much more productive way.

            Is 8 hours of work actually 8 hours when you’re checking your Facebook, Twitter, or Instagram updates every 30 minutes? It’s necessary to take a rest once a while, but don’t get lost in hundreds of status updates that make you forget about your priorities.

            Looking for some tips? Check out this infographic: How to be productive by doing more and working less

            3. They keep setting S.M.A.R.T. goals

            You can never reach the success you want if you’re not setting goals. The trick is to set up a couple small, achievable goals and a couple of bigger ones. If you only set up huge, unachievable goals, you’ll get unmotivated and fall back into your old mindset. The small goals keep you motivated and give you the feeling you’re being productive once you achieve them.

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            Try setting S.M.A.R.T. goals, which is an acronym for Specific, Measurable, Attainable, Relevant, and Timely. These goals are concrete and well-defined measures of your progress.

            A while ago, I asked a friend of mine what his goal was this year. He told me he wanted a sports car. I told him he will have much trouble reaching that goal because it isn’t specific. He needs to know the brand, the model, the color, what kind of rims etc. Only then he can define how long it’s going to take and what he needs to do in order to buy that car.

            4. They take action

            There is a big difference between talking or actually taking action. I’m pretty sure you have people around you who’ve said, “This year, I’m going to lose weight, become fit, and look like I’ve never looked before!” Or, “I’ve got such a good idea, I’m planning to start a new business, but first I’m going to do some research,” which probably results in never taking any action.

            Many of those people do take action, but the majority do not. It could be many things that keep them from taking action, like fear, no money, or no motivation. The trick is to make a plan and take action right from the start—choose to put in the effort to overcome those obstacles.

            5. They exercise and eat right

            The better you treat your body, the better you will feel, which results in better results. Successful people take time to prepare healthy meals and work out for at least 30 minutes a day.

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            Not having time to work out or prepare a healthy meal is nonsense. If you have time to watch TV or check your social media profile, you also have time to care about your body.

            You don’t necessarily need to lose weight or gain muscle, but try to stay in shape and watch your junk food intake.

            6. They always step out of their comfort-zone

            Successful people are willing to do everything they have to succeed. If they fail, they try it again and learn from it. The vast majority of people think differently and want to stay in their comfort zone.

            You can’t expect magic is going to happen when you always do the same things over and over again. You need to step up and start doing new things. The fear of failure is usually the reason that keeps people from acting.

            Think about something you’ve done in the past. Something that was so scary that it made you sweat, feel nauseous, or become overly nervous. That could be giving a speech in front of a big crowd or asking someone on a date. In the end, it wasn’t as scary and difficult as you thought, right? And you’ve learned from it.

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            Approach everything in your life this way. If you really want to become successful, you need to step out of your comfort zone.

            “Move out of your comfort zone. You can only grow if you are willing to feel awkward and uncomfortable when you try something new.” — Brian Tracy

            7. They lead

            Successful people are also incredibly good leaders. How can you stand out of the crowd if you follow the herd like anyone else does? The main thing successful people do differently is that they think and act differently from the rest. But they do it in a way that creates fans who follow and support them.

            You don’t have to be a born leader, but you can learn to be one. An example of a great leader and entrepreneur is Elon Musk. He is the founder of SpaceX and co-founder of Zip2, PayPal, and Tesla Motors. By following his example, you just might find the great leader inside you.

            Have these tips helped you? Share them!

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            Featured photo credit: Steve Jurvetson via flickr.com

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