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Frequently Asked Questions
How do I create financial formulas in Excel?
Use functions like NPV for net present value, PMT for loan payments, and IRR for internal rate of return. For example, =PMT(rate/12, months, loan_amount) calculates monthly payments.
What Excel formulas are best for sales analysis?
Common sales formulas include SUMIF for conditional totals, VLOOKUP for customer data, and percentage calculations like =(Current_Sales-Previous_Sales)/Previous_Sales for growth analysis.
How can I calculate marketing ROI in Excel?
Use the formula =(Revenue_from_Campaign - Campaign_Cost)/Campaign_Cost to calculate marketing ROI. You can also use pivot tables to analyze campaign performance.
What HR metrics can I calculate with Excel formulas?
Calculate employee turnover with =Departures/Average_Employees, time-to-hire with DATEDIF, and headcount growth with percentage change formulas.
How do I create accounting formulas in Excel?
Use SUMIF for account totals, depreciation functions like SLN for straight-line depreciation, and financial functions like FV for future value calculations.
What engineering calculations work best in Excel?
Excel handles unit conversions with CONVERT function, statistical analysis with regression functions, and complex calculations using array formulas and mathematical functions.
Excel Formulas by Business Function
Finance
=PMT(5%/12, 60, 10000)=(Gain-Cost)/Cost*100Sales
=(New_Sales-Old_Sales)/Old_Sales=IF(Sales>Target,Sales*0.15,Sales*0.1)Marketing
=(Revenue-Cost)/Cost*100=Conversions/Visitors*100HR
=Departures/Avg_Employees*100=DATEDIF(Start_Date,Hire_Date,"D")Accounting
=SLN(Cost,Salvage,Life)=SUMIF(Category,"Revenue",Amount)Engineering
=CONVERT(Value,"m","ft")=STDEV.S(Data_Range)VLOOKUP Help
"How do I use VLOOKUP to find customer data?"
Conditional Logic
"Create a formula that calculates commission based on sales"
Date Calculations
"How to calculate the number of days between dates?"