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 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 ...

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.

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

Q. I am trying to create a formula in our accounting system, but I keep getting errors. What can I do to get the formula to work? A. All Excel users know how powerful formulas are, but sometimes it ...

The simplest way to start documenting Excel formulas like a coder is by using the N () function. Although its primary job is to convert non-numeric values into numbers, it has a hidden quirk: because ...

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 ...