Are You Fully Aware Of The True Flexibility Of Excel Formulas? (Number 1)

Are You Fully Aware Of The True Flexibility Of Excel Formulas? (Number 1)

Asset Manager - Are You Fully Aware Of The True Flexibility Of Excel Formulas? (Number 1) Hello everybody. Now, I learned about Asset Manager - Are You Fully Aware Of The True Flexibility Of Excel Formulas? (Number 1). Which may be very helpful for me therefore you.

Stella, the employer of a section within one of the major accounting firms happened to be passing young Fred's desk on her way to the coffee machine. Fred was the most junior member of her team. What I said. It just isn't the actual final outcome that the real about Asset Manager. You see this article for facts about that wish to know is Asset Manager. Asset Manager 'Stella, excuse me but how do you edit the contents of a cell in Excel,' Fred asked just loud sufficient so that she could hear. 'Well there are two main ways,' Stella said as she wondered round Fred's desk so she could see his computer screen. 'With your cursor pointing to the cell you can press the F2 key, or you can edit the text by clicking in the area that covers most of the row just below the icons at the top of the screen. Why do you want to know?' 'This pro-forma fixed asset spreadsheet I have is depreciating the class of assets I am working on at 20% but Pete my supervisor wants these ones depreciated at 15%. So I have to go straight through all of the formulas and turn '.2' to '.15'' Fred replied. 'Who designed the pro-forma spreadsheet?' Stella asked. 'Susan designed it just after she came back from her three day Excel course, the one I am due to attend next year,' Fred replied. Susan was sitting at her desk only a few metres away. 'Sue, can you come over here for a minute, please,' Stella asked, looking in Sue's direction. 'How can I help?', Sue asked as she approached Fred's desk. Stella continued. 'Sue, at your course, did the teacher not tell you to furnish specific cells for users to put things that could vary? Things like depreciation, gross and net profit percentages, and many more variables that could crop up in spreadsheets designed for varied dissimilar purposes. If you do that, and comprise the address of the changeable in formulas where necessary, the user only needs to turn the contents of one cell and all relevant formulas will automatically be adjusted, thus saving the user a lot of work. In addition a user with no detailed knowledge of Excel will be able to tailor the spreadsheet to suit their personel requirements.' 'Yes, I remember him telling us that,' Sue replied. 'Well, why haven't you done that here, in the case of the depreciation calculations?' 'When I copied the method down the page, the address of the cell containing the depreciation rate changed and so, after the first one, the method did not work. I reckoned that it would be easier for the user to turn the rate in the first method and for him or her to copy the new method down the page. The method would work all the time then.' 'And what if the user did not know how to edit the first method or how to copy it down the screen?' Stella asked. 'Fred was planning to turn every personel formula.' 'I guess I did not think that possibility,' Sue replied with a sheepish grin. Stella continued. 'Did the teacher mention 'relative references' versus 'absolute' and 'mixed references'?' 'I think so, but I did not well understand that bit.' Sue replied with a grimace. 'Fred, give me a sheet of paper,' Stella said, forgetting all about the coffee she had been on her way to get. Fred did as he was told and Stella produced a pen from somewhere before scribbling down four cell addresses. They were 'A1', '$A1', 'A', and '$A. Beside 'A1' she wrote the word 'Relative', beside '$A1' she wrote 'Mixed', she did the same with 'A', and beside '$A' she wrote 'Absolute'. 'Right,' she continued. 'The first address, 'A1' is the uncomplicated column and row address that beginners are taught in their first lesson. If, say cell 'C3' refers to that in its simplest form. '=A1', anything is in cell 'A1' will appear in cell 'C3'. If the method in cell 'C3' is copied to cell 'D3' the method that appears in cell 'D3' will turn to '=B1', and anything is in cell 'B1' will appear in cell 'D3'. If the copying process is continued 'E3' will equal 'C1', 'F3' will equal 'D1' and so on. Similarly if cell 'C3' is copied downwards, 'C4' will equal 'A2', 'C5 will equal 'A3' and so on. This basic method in cell 'C3', '=A1" is called a 'relative reference'. However you can stop both the row and the column changing by putting a Dollar sign in front of either the column letter or the row number. This can be achieved both by directly typing in the Dollar sign or signs, or by toggling between the four possibilities by pressing 'F4'. Both '=$A1' and '=A' are called 'mixed references'.' Stella carried on. 'If '=$A1' in cell 'C3' is copied to the right, all of the cells it is copied into will read '=$A1' and anything is in 'A1' will appear in all these cells. However the row whole has not been held, and so, like in the example of the 'relative formula', if the contents of cell 'C1'is copied downwards,'C4' will equal 'A2', 'C5 will equal 'A3' and so on. Similarly if '=A' in cell 'C3' is copied to the right, the cells it is copied into will read '=B', '=C' and so on, just like in the example of the 'relative reference'. However, this time, the row whole has been held, and so, if the contents of cell 'C1' is copied downwards,'C4' will read '=A', 'C5' will also read '=A' and so on, and anything is in 'A1' will appear in these cells.' 'Now it must by safe bet what is achieved by the 'absolute reference',' Stella carried on. 'Can either of you guess?' ''=$A' will appear in all cells 'C3' is copied into either it be to the right or downwards,' Sue suggested with a grin. 'Good girl,' said Stella. 'And don't forget this also extends to copying to the left and copying upwards,' she added. 'Now Fred do you have any other work you can do for the rest of the afternoon?' 'Yes, plenty,' Fred replied. 'Well leave your spreadsheet until tomorrow. Sue, I want you to re-do your fixed asset spreadsheet, if vital taking it home, so that tomorrow, Fred can fill in the details without adjusting any of your formulas; understood?' 'Yes,' the two trainees said in unison. Stella left them to get organised. Goodness I well need that cup of coffee now, she opinion to herself, as she headed towards the kitchen. I hope you obtain new knowledge about Asset Manager. Where you'll be able to offer utilization in your daily life. And just remember, your reaction is passed about Asset Manager. Read more.. Are You Fully Aware Of The True Flexibility Of Excel Formulas? (Number 1).