Investment planning

Excel has a multitude of financial functions. I’m not sure how many of them can be applied in Serbian business environment, but they are useful when making complex calculations. Financial investment planning functions aim to answer the question: how much will, under the given conditions, be worth my money after a certain period of time? That is, if I borrow money to someone how much I will come? Or, if we lend money for how much it will cost me?

Uppercase and lowercase letters

Excel has a large number of conversion functions. This text will show the ones used to convert lowercase letters into uppercase, uppercase to lowercase, and capitalize the initial letters of each word in the given cell. We will also mention two features that are used to clean the text, either by removing excessive spaces or unprintable characters that often exist in old applications and end up in the table when retreiving data.

Pieces of text

By implementing business software we usually retrieve Master data from the previously used application, primarily the Partners and Items. Data is usually exported from old software to Excel, it is processed, and imported into a new application. When processing, there is often a need to “cut” the text in one of the columns from the left, from the right or from the given position, or to find a part of it in order to use it to generate some new content …

Don’t stay without text

When someone tells you, “I’m left without text” this usually means a state of shock and confusion. Ignoring text related functions will not leave you in shock, but you will certainly be deprived of some useful tools. These functions are numerous, and in the “recipe” that follows I’ll describe these that allow merging of two or more texts into one, converting text to number or number in text, determining the length of text …

Calculating the number of past days

Employees working in HR often make budgets influenced by the number of past days at some time. Excel has a function that calculates how many worked days passed between two dates, as well as a function that calculates the date that is obtained if we add a certain number of working days on the given date. These functions may also be useful to salespeople when they set payment deadlines or liquidators when they determine when they should settle their debit obligations.