ABC analysis is a method used for analysis and management of inventory. Depending on the share in the total value of the stock it distributes items in groups A, B or C. They make up about 70%, about 25% and about 5% of the total, respectively. Since items from Group A account for the largest share of the total value they require frequent and rigorous control. Items from the group B require something smaller, while items from the group C require the least control.
When we make reports, the goal is for them to be both functional and beautiful. Their background can also contribute to the appearance of the worksheet in a positive way. It is a picture that is placed behind the tables, charts, and other elements of the report. If after hiding it, we also hide lines separating cells (Gridlines) reports will look like they were not created in Excel. But, more importantly, users will be able to easily find the necessary information.
Rounding functions are approximating numbers to higher or lower values. On that occasion, they are guided by mathematical principles. However, when pricing is often required, rounding is done at a higher or lower level according to a given degree of significance, which is the decimal number in relation to which the rounding is done. Dear merchants (and everyone else), we present you functions FLOOR and CEILING!
There are several ways to create Excel calendar. Also there are multiple templates that you can use for that purpose. The goal of this „recipe“ is helping you to understand practical application of some important date&time functions, and creating a calendar is an ideal opportunity to do so. When you learn how to generate dates and positions they should fit in you can use calendar for planning activities or tracking project realization.
Forecast Sheet is an option used to calculate trends using specific forecasting functions. This is the Excel 2016 novelty. Based on the data provided for the appropriate time period, future values are forecasted and the lower and upper confidence interval is calculated. The calculated values are shown in the table along with a graph showing trends in data movement.