YEARFRAC function

This function, for given start and end date, calculates how much time has passed in years, and as a result returns a decimal number. It can be used to calculate annual interest, future value and in other cases when it is necessary to know how many years have passed. In the text that follows, through a simple example, you will get to know this function.

CONVERT function

How many grams are there in one cup? How many grams fit in a tablespoon? And in a coffee spoon? This is information that until now you had to search for on the Internet, and since recently there is an Excel function that enables these and some other conversions. It is very easy to use, and if you want to know how, read this “recipe” (it cannot be converted into several smaller ones, but it is interesting)!

IMAGE function

If you use Power BI Desktop to create business reports, you probably know that it is possible to insert an image into a table that is displayed based on its URL location. As of recently, if you are a Microsoft 365 subscriber, you can also do this in Excel using the IMAGE function. In this “recipe” you will find out how it is used…

Keep or discard?

If you have used Power Query, you know that it has options that allow you to keep or discard certain columns. If you’re an Excel user coming through a Microsoft 365 subscription, there are a few new functions available to you to do a similar thing. As a result they create a dynamic array with columns or rows extracted from a given matrix that are retained or discarded.

Merging arrays

If you work with a table in which there are several arrays, such as city names or sales values in them, until now you could only combine them by copying and pasting to the desired position in the worksheet. As of a few weeks ago, if you are a Microsoft 365 subscriber, you can also use two functions for working with dynamic arrays: VSTACK and HSTACK. They allow merging arrays which contributes to easier preparation of data for reporting.