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Track Product Inventory with Excel: A Step-by-Step Guide Keeping track of your business inventory, whether it's stock to sell to customers or key assets for your business, is essential. Excel simplifies this task, allowing you to use templates or create your own inventory tracker. This guide will help you save time and efficiently manage your inventory. What Will You Learn? How to find an inventory template How to set up basic column headers Common Excel features to use for inventory tracking What Do You Need? Excel (web or desktop) 10 minutes 1. Find an Inventory Template Before creating your own inventory list in Excel, explore existing templates that you can download and customize. Here’s how: Open Excel : Select File > New . Search for Templates : In the search box, type "inventory" or a similar term. Browse the Results : Click on any option to see a larger screenshot and a description. Select a Template : Once you find one you like, select Create . Customize the T

When sharing Excel files, protecting sensitive data and formulas is crucial. Fortunately, Excel provides options to hide formulas from users. Let's explore two methods to achieve this: Method 1: Hiding All Formulas and Protecting the Worksheet Select Formulas to Hide: Identify cells containing formulas that you want to conceal. Access Format Cells Dialog: Navigate to the 'Home' tab and click the dialog box launcher in the 'Number' group. Set Protection: In the 'Format Cells' dialog box, go to the 'Protection' tab and check the 'Hidden' option. Click 'OK' to confirm. Protect Worksheet: Switch to the 'Review' tab, select 'Protect Sheet' in the 'Protect' group. Set a password if desired and click 'OK'. Method 2: Hiding Formulas Without Protecting the Entire Worksheet Disable Lock Property: Select all cells by clicking the triangle at the top left corner. Access the 'Format Cells' dialog, uncheck th

After using formulas to generate desired results in Excel, you may want to remove them while preserving the data they produced. This can be for various reasons, such as saving processing power, avoiding confusion, or protecting formulas from accidental changes. Using Keyboard Shortcuts Control + Shift + V (For Excel for Microsoft 365 and Excel for Web) Select the cell range containing the formulas. Copy the selected cells with Control + C. While keeping the range selected, press Control + Shift + V. This shortcut pastes copied data as plain text values, removing formulas. ALT + E + S + V + Enter (For older Excel versions) Select the cell range with formulas. Copy the cells with Control + C. Keep the range selected and press ALT + E + S to open the Paste Special dialog box. Press V to select the Values option. Hit Enter to paste the values, removing formulas. Using Paste Special Option Paste Special Dialog Box Select the range with formulas. Copy the range (Control + C). Right-click and

When managing extensive datasets in Excel, you often encounter the need to refine your data for further analysis or presentation. A typical step in data refinement involves eliminating blank rows from your dataset. In this guide, I'll demonstrate various methods to achieve this task efficiently. While these methods are effective, it's essential to exercise caution, especially with large datasets, to avoid unintentional data loss. Disclaimer: Before proceeding with any data cleaning operation, it's crucial to create a backup of your original dataset. While the methods outlined below are generally safe, unexpected results may occur, leading to irreversible changes in your data. Always exercise caution and ensure you fully understand the implications of each method before applying them to your dataset. 1. Delete Blank Rows Using the SORT Functionality: This method involves sorting the dataset to stack all blank rows together for easy deletion. However, it's important to no

Excel Function Description Excel INT Function Excel INT Function can be used when you want to get the integer portion of a number. Syntax =INT(number) Input Arguments number – the number for which you want to get the integer value. Excel MOD Function Excel MOD function can be used when you want to get the remainder when one number is divided by another. It returns a numerical value that represents the remainder when one number is divided by another. Syntax =MOD(number, divisor) Input Arguments number – A numeric value for which you want to find the remainder. divisor – A number with which you want to divide the number argument. If the divisor is 0, then it will return the #DIV/0! error. Excel RAND Function Excel RAND function can be used when you want to generate evenly distributed random numbers between 0 and 1. It returns a number between 0 and 1 Syntax =RAND() Input Arguments RAND function does not take any input arguments. It is used with empty parenthesis. Excel RANDBETWEEN Functi

Excel Function Description Excel COLUMN Function Excel COLUMN function can be used when you want to get the column number of a specified cell. Input Arguments [reference] – An optional argument that refers to a cell or range of cells. If this argument is omitted, COLUMN function returns the column number of the cell in which the formula resides. Additional Notes If the reference is a range of cells, COLUMN function returns the column number of the left-most column in the specified range. For example, =COLUMN(B2:D10) would return 2 as the left-most column is B2 for which the column number is 2. If the reference is entered as an array, COLUMN function returns the column numbers of all the columns in that array. Reference can not refer to multiple references or addresses. COLUMN function can be particularly helpful when you want to get a sequence of numbers in a row. For example, enter =COLUMN() in cell A1 and drag it to the right. You will have sequence of numbers 1.2.3.. Excel COLUMNS F

Excel Function Description Excel AND Function Excel AND function can be used when you want to check multiple conditions. It returns TRUE only when all the given conditions are true. Input Arguments logical1 – the first condition that you want to evaluate for TRUE or FALSE. [logical2] – (Optional) This is the second condition that you want to evaluate for TRUE or FALSE. Additional Notes AND function can be used with other formulas to be more efficient. For example, in an IF Function, you can test a condition and then specify a value when it’s TRUE and a value when it is FALSE. Using AND function within IF enables users to test multiple conditions at one go. For example, if you have to test whether if A1 is greater than 0 and less than 100, here is how you can do it in an IF function: =IF(AND(A1>0,A1<100),”Approve”,”Reject”) The arguments must either evaluate to logical values (TRUE/FALSE), or the arguments must be arrays/references of logical values. Text and empty cells are ignor

Microsoft recently rolled out an exciting update to Excel for the web, introducing a feature that promises to revolutionize collaboration efforts: Shareable Sheet Views. This new functionality allows users to easily share links to specific Sheet views within workbooks, streamlining communication and boosting productivity for teams working on large datasets. What Are Sheet Views? Before diving into the details of this new feature, let's quickly recap what Sheet views are. A Sheet view in Excel captures a subset of a workbook's contents, providing users with a focused perspective on specific data or analysis. This allows for better organization and easier navigation within complex workbooks. How Does It Work? Using Shareable Sheet Views is simple and intuitive: Access the View Tab: Navigate to the View tab in Excel for the web. Choose or Create a Sheet View: Select an existing Sheet view from the dropdown menu or create a new one tailored to your needs. Copy Link To Sheet View: R

Add Line Breaks and Wrapping Text: Shortcut for Line Break: Alt + Enter Option for Wrapping Text: Wrap Text button in the Home tab Description: Line breaks and text wrapping help manage text within cells for better readability. Detailed Explanation: To insert a line break within a cell, position the cursor where you want the line break and press Alt + Enter. This inserts a line break without exiting the cell. Alternatively, to enable text wrapping for a cell or range of cells, select them and click on the Wrap Text button in the Home tab. Text wrapping ensures that long text strings are displayed within the cell boundaries, automatically adjusting the row height to accommodate the text. Autofit All the Columns/Rows Instantly: Shortcut for Autofitting Columns: Alt + HOI Shortcut for Autofitting Rows: Alt + HOA Description: Autofitting adjusts column width or row height to display the full content of cells. Detailed Explanation: Pressing Ctrl + A selects all cells in the worksheet. Then,

How to Format Negative Numbers in Parentheses in Excel: Easy Methods Excel offers various number formatting options to accommodate different professions and industries. When dealing with financial data and accounting reports, it's common to display negative numbers in parentheses (brackets). In this tutorial, I'll guide you through different ways to achieve this formatting and cover additional formatting options available in Excel. Show Negative Numbers in Parentheses Using Built-in Formats Excel provides built-in number formats that automatically display negative numbers within parentheses. Follow these steps to apply this format: Select Cells: Choose the cells containing the numbers you want to format (you can select a range). Access Format Dialog Box: Navigate to the 'Home' tab and click on the dialog box launcher icon in the 'Number' group. Select Format: In the 'Format Cells' dialog box, within the 'Number' tab, choose the third option in t

DATE MANIPULATIONS By default, the End of Month formula returns the last day of the month based on a given date. A positive number of months returns a date in the future. A negative number of months returns a date in the past. It is easier to work with start of the month, then last day of the month. The formula for the first of the month is eomonth (A1,-1)+1 TEXT MANIPULATIONS 1. Extract a given number of characters from the left hand side of the cell 2. Counts how many characters are in a cell. LEN ( “Excel”) = 5 3. Extract a given number of characters starting from a specific character in the text 4. Find a given character and return it’s position within the text in a cell. You can choose the starting character number 5. Converts the first letter of each word to capital letter and the rest to lower letters. PROPER ( “excel is great” ) = Excel Is Great 6. Converts the text to all capitals letters. UPPER ( “excel” ) = EXCEL 7. Converts the text to all lowercase letters. LOWER ( “ TEst”