Build Excel Models using Advanced Formulas, VBA, Power Query
Created by Prashant Panchal, Last Updated 22-Jan-2020, Language:English
Build Excel Models using Advanced Formulas, VBA, Power Query
Learn to design robust Excel Models and Dashboards for Reporting and Analytics using Formulas, Excel VBA & Power Query
Created by Prashant Panchal, Last Updated 22-Jan-2020, Language:English
What Will I Get ?
- Advanced Formulas and Functions to prepare Accounting Schedules (such as prepaid expenditure) and many other amorisation models
- How to leverage awesome data transformation tool called Power Query (Get & Transform)
- How to Manage Prepaid Expenses accounting professional way (or any other amortisation schedule)
- How to Forecast and Budget Prepaid Expenses and its impact on three Financial Statements
- Maintaining the utmost accuracy while closing month end books (Accountants) for Prepaid Expenditures
- Dynamic Data Visualization and Dashboard Preparation using Formulas and Functions
- Dynamic Dashboards and Data Visualization with Power Query (Next level Data modeling tricks)
Requirements
- Basics of Double Entry Accounting System
- Basics of Microsoft Excel (also basics of Pivot Tables)
- A Computer with Microsoft Excel Installed (preferably: 2007 or later versions, for Power Query You will need Excel 2010 or later)
Description
If you’re an accountant, analyst or business professional looking to take your Excel skills to the next level, this is the course you’ve been looking for!
This course will teach you how to prepare efficient Excel model with advanced (powerful) formulas and function, Power Query /Pivot Tables and Excel VBA (all templates are available for download).
In addition to that, I’ll cover how to create fully dynamic Excel dashboards with just Excel Formulas or if you want to get more advanced, we’ll cover next level Dashboard with Power Query and Pivot tables (no formulas used, refresh the dashboard with new data with just two clicks)
Here’s a sneak peek into some of the things we’ll cover:
I’ll teach you advanced formulas and functions, and how to work with mega formulas
Using Power Query (Get and Transform) to automate multiple sheets into an insightful summary report (Pivot Tables Report) using Excel VBA to control input and reduce errors, automate entire workflow saving precious time.
In the course, I go through specific examples of Prepaid Expenditures like this one below:
Mobile Phone prepaid vouchers/data plans and Insurances.
While this course will be utmost helpful to Accounting professionals, FP&A Professionals, Auditors, business professionals, anyone can enroll in the course.
Accounting for prepaid expenses is easier than you think if you have the right tools at your disposal. But to do it… you need to accurately maintain the record of all prepaid expenses on your computer for an accurate profit or loss each period end (monthly/quarterly and yearly)
And Therefore it is quite crucial to have a Robust Prepaid Expenses Schedule (for an Accountant/Analyst/Auditor) and Microsoft Excel is a great tool for this task
As we go through the example, I’ll teach you hands-on techniques to maintain a robust prepaid expenses schedule that will help you accurately determine:
The portion of prepaid expenses to be charged to the income statement/profit and loss statement each month
Prepaid expenditure balances for monthly balance sheet reviews
Forecast or budget prepaid expenses for future periods
Impact on cashflow of business due to prepaid expenses spending (high or low)
How to allocate prepaid expenditures each month to various divisions or cost centers accurately (using Power Query and Pivot tables) with just a few clicks (fully automated approach)
How to make sure that prepaid expenditure GL (balance sheet) is accurately maintained (cross-checking integrity of GL entries to detect and prevent errors and frauds)
And I teach you all of this using Microsoft Excel!
Not only will I give you the models I’ve built, but also help you improve your ability to use the various functions of Excel:
IF Function (nested IF)
Date Functions
Lookup and Match Function
Named Ranges
Data validation
Array Formulas
And much more
Once you have a solid grasp of those, I’ll show you how to combine the above functions to create powerful formulas!
It doesn’t stop there…
We’ll use Power Query (Get and Transform) and Pivot Tables as well!
And we’ll even cover some Excel VBA.
At end of the course, you will have a clear and practical understanding of how prepaid expenses accounting works and how you can use Microsoft Excel efficiently to calculate accurate prepaid expenses charge, prepaid expenses balance and forecast prepaid expenses for future periods.
Your co-workers and your boss will be very impressed when you show up with these new skills! For the price, I have it at… it’s worth every penny!
Don’t wait to improve your understanding of prepaid expenses and become an Excel guru! Enrol today to get started!
Course Content
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Introduction
3 Lectures 00:06:34-
Course Outline and Introduction
Preview00:04:14 -
Minimum Requirements for the Course
Preview00:01:05 -
Prepayments Introduction
00:01:15
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Prepaid Expenses Models (Complete Resources Download)
2 Lectures-
Month End Date Prepaid Expenses Amortization Calculation
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Exact Prepaid Expenses Payment Date Calculation
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Accounting for Prepaid Expenses
3 Lectures 00:07:57-
Prepaid Expenses (Prepayments) Accounting Definition
Preview00:02:47 -
Prepaid Expense Example (How Accounting works for Prepayments)
00:02:38 -
Advantages and Disadvantages of Prepaid Expenses
00:02:32
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Excel Formulas Detailed (Intro to three Excel Models)
11 Lectures 00:56:09-
Intro to PRO Excel Models and Formulas
Preview00:05:56 -
Date Function
00:04:31 -
EOMONTH Function
00:04:10 -
DATEVALUE function
00:03:27 -
IF Function
00:07:34 -
IFS Function (Office 365 Only)
00:07:04 -
VLOOKUP Function
Preview00:06:46 -
MATCH Function
00:04:33 -
INDIRECT Function
00:01:34 -
NAMED Ranges (Name Manager)
00:03:07 -
Advanced Version of VLOOKUP Function (All other formulas combined)
00:07:27
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Formula based Prepaid Expenses Model (Schedule)
7 Lectures 00:42:46-
Introduction to Model and Control Panel Tab (Important Sheet Tab)
00:08:24 -
Formula Based Prepaid Expenses Model - Deep Dive (Part 1)
00:04:49 -
Formula Based Prepaid Expenses Model - Deep Dive (Part 2)
00:06:21 -
Formula Based Prepaid Expenses Model - Deep Dive (Part 3)
00:06:13 -
IFS Function - Month End date Prepayment calculation
00:04:08 -
Prepaid Expenses - Closing Balance Summary Tab (Formula Based Summary)
00:08:52 -
Protecting Formulas Cells and Fields in the Model
00:03:59
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Calculate Prepaid Expenses Amortisation from Exact Start date (Prepayment date)
11 Lectures 00:53:14-
Resource for 10 ExactData-Opening-Balance-Models
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Exact Date Prepaid Amorisation calculation Intro
Preview00:03:08 -
Formulas update and Model Changes for Exact Prepaid Exps Calculation
00:02:57 -
Formulas Update for Exact Date Prepaid Exps Amortisation (Part 1)
00:03:55 -
Formulas Update for Exact Date Prepaid Exps Amortisation (Part 2)
00:03:21 -
Formulas Update for Exact Date Prepaid Exps Amortisation (Part 3)
00:02:19 -
Formulas Update for Exact Date Prepaid Exps Amortisation (Part 4)
00:06:34 -
IFS Function - Exact Date Prepayments Amortisation
00:03:33 -
Data Validation Controls (Enhancing Data Input Controls with Protection)
Preview00:10:21 -
Bonus: Prepayment Model with Opening Balance Calculation (Part 1)
00:07:42 -
Bonus: Prepayment Model with Opening Balance Calculation (Part 2)
00:09:24
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Prepaid Expenses Summary with Power Query and Pivot Table
10 Lectures 00:55:22-
Power Query and Pivot Table Prepayment Summary Table Intro
Preview00:05:49 -
What is Power Query and Some Awesome Resources for Power Query learning
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Power Query and Pivot Table Summary - Deep Dive (Part 1)
00:04:48 -
Power Query and Pivot Table Summary - Deep Dive (Part 2)
00:03:46 -
Power Query and Pivot Table Summary - Deep Dive (Part 3)
00:05:17 -
Power Query and Pivot Table Summary - Deep Dive (Part 4)
00:09:16 -
Using Array Formulas to Add Formula Proection
00:04:23 -
Bonus: Allocate Prepaid Expenditure Cost Centre Wise 1
00:02:00 -
Bonus: Allocate Prepaid Expenditure Cost Centre Wise 2
00:07:30 -
Bonus: Prepayment Model with Opening Balance Calculation (PQ and PT Version)
00:12:33
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Advanced VBA Prepaid Expenses Amortisation Model
4 Lectures 00:14:02-
Resources - New-Prepayment-Model-Completed-DateViewVBA-1
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Changing Macros Security in Excel
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Complete Walkthrough - Advanced VBA Prepaid Expenses Amortisation Model
00:05:43 -
Bonus : New Version - Excel VBA Model for Prepayment Expenditure
Preview00:08:19
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BONUS: Dynamic Dashboard for Divisional Profit and Loss statements (Easy way)
14 Lectures 00:58:45-
Resources - Dynamic-Dashboard-Files
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Dynamic Dashboard Overview
Preview00:06:31 -
Importing Profit and Loss Statements Source Files and creating YTD P&L Sheets
00:08:11 -
Creating Dynamic Data Validation
00:02:09 -
Creating Named Ranges for Dynamic Table Arrays (to be used in VLOOKUP Function)
00:03:27 -
Dynamic Date Column Headings for each Divisional PL Table
00:02:28 -
Dynamic Month and YTD Dashboard tables headings (PRO TIP)
00:02:51 -
Dynamic VLOOKUP Formula - Preparing First section of the Dashboard
00:04:02 -
Creating Rolling Dashboard with Dynamic VLOOKUP Function
00:08:00 -
IMPORTANT : Error Checking for your reports/Dashboard (PRO TIP)
00:02:35 -
Data Prep for Visualization: AREA Charts (Awesome trick using #NA Function)
00:04:47 -
Visualization: AREA Charts for Month - Revenue, Gross Profit and Net Profit
00:04:31 -
Visualization: DONUT Charts : Revenue, Gross Profit and Net Profit (Part 1)
00:03:00 -
Visualization: DONUT Charts: Revenue, Gross Profit and Net Profit (Part 2)
Preview00:06:13
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Power Query & Pivot Tables based Dashboard without any Formulas, Fully Dynamic
12 Lectures 00:56:47-
Resources to Section PQ-Dashboard
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Resources Power-Query-Report-Dashboard-PQ-MCODE-Complete
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Introduction - Formula-less Dashboard - Fully Dynamic and easily refreshed
Preview00:05:12 -
Understanding the data files before building dashboard
00:01:59 -
Consolidating Reports with Power Query (Get & Transform) , How to install PQ
00:07:35 -
Dynamic File Path Trick in Power Query with Parameters (Amazing trick)
00:05:57 -
Conditional Cumulative totals with SUMIFS Function
00:04:06 -
Bonus: Conditional Cumulative totals with Power Query Custom Formula (M Code)
00:06:16 -
Dashboard Creation - Pivot Table showing Month and YTD KPIs division wise
00:06:02 -
Dashboard Creation Donuts Charts linked with Pivot Table (Replicate Charts fast)
00:08:21 -
Dashboard Creation - Line Charts
00:07:55 -
Update Dashboard with Additional Divisional Data with Few Click (Magical)
00:03:24
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Thank you
3 Lectures 00:01:38-
Thank you
00:01:38 -
Ultimate Prepaid Expenditure Model (Super Bonus)
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Bonus Lecture
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Prashant Panchal
An Excel Expert & BI Enthusiast, ACA, Finance & Accounting Professional
Hey, I am Prashant Panchal. I like helping fellow Accountants, Auditors and Analysts to become PRO at using Microsoft Excel.
I have been using Excel for mainly Accounting and Analytics for more than 13 years and I quite enthusiastic about sharing my knowledge with fellow Accountants, Analysts, or any Excel user
I have come across many challenging reporting and analytics situations during my career, and I was able to resolve the same using good old Microsoft Excel Spreadsheet application.
With me, you will find Basic to Advanced Excel formulas and Functions, Tips and Tricks, Excel VBA ready to use codes.
The thing I am most excited to share with you is Modern Excel Tools training and its basics to make your life easier as an Accountant or Analyst for Data cleaning, and Report automation
With Techniques I have acquired using Excel for so many years, I pretty sure I can reduce your routine workflow (time and efforts) to half or even more.
While I love traditional formulas and function, Pivot tables and Excel VBA, I feel that its time to go beyond and discover amazing Power Tools offered by Microsoft these days.
These tools include Power Query for Excel (Get and Transform), DAX formulas Engine with Excel Power Pivot.
Don't worry if you have not heard about these tools, you will learn about them in details (basics to advanced) with me without any pain!
My Speciality lies in Data Analytics and ETL (Extract Transform and Load)
While formulas, Functions, Excel VBA can automate reporting and calculations for your projects, but when you are dealing with repetitive tasks, there is nothing better than Power Query.
So I am a big proponent of Automation of Data and reporting: Source data to Reporting with minimum manual steps involved with 100% Accuracy of Output reports
By the way, I am a Chartered Accountant by Qualification, and well versed with hands-on Corporate Financial Accounting and Reporting for diversified industries
So don't worry you are in good hands and a trusted source for your Excel problems and become Excel superuser
Cheers!