Excel Accountant: Six Ways to Sum

Learning Objectives

• To identify what SUMIFS returns if you like to have data in another workbook that is not presently open in Excel.
• To name the character that signifies a wildcard lookup within worksheet functions like SUMIF, VLOOKUP, or MATCH.
• To recognize which versions of Excel the AGGREGATE function is available in.

Course Description

You'll learn much more than six ways, to sum up in this presentation. Watch as Excel expert David Ringstrom, CPA goes well beyond the SUM function to help you improve the resilience and integrity of your spreadsheets. You'll take summing to new levels with the SUBTOTAL and AGGREGATE functions, while you master using SUMIF and SUMIFS to add up values based upon up to 127 criteria. David also will discuss the SUMPRODUCT function for multiplying and adding values at once.

David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Microsoft 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.

Microsoft 365 is a subscription-based product that provides new-feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on.

Who should attend:

Practitioners seeking to understand Excel functions that can be used to sum data. 

Topics covered:

• Learning a simple design technique that greatly improves the integrity of Excel’s SUM function.
• Using the SUMIFS function to sum values based on multiple criteria.
• Using the SUMIF function to summarize data based on a single criterion.
• Comparing the AGGREGATE function in Excel 2010 and later to the SUBTOTAL function available in all versions of Excel.
• Using the SUMIFS function to sum values based on multiple criteria.
• Exploring how the INDIRECT worksheet function can automate pulling values from a group of individual worksheets.
• Using the SUMIFS function to sum values based on multiple criteria.
• Extending the functionality of the SUMIF function by incorporating wildcard characters within a formula.
• Employing the SUMIF function to sum values related to multiple instances of criteria you specify.
• Creating an in-cell list by way of Excel’s Data Validation feature.
• Discovering the capabilities of the SUMPRODUCT function for calculating payroll and other amounts.
• Discovering the capabilities of the SUMPRODUCT function for calculating payroll and other amounts.

Overview

• Sum Total on Status Bar

  3 mins
• Smarter SUM Formulas

  8 mins
• INDIRECT Function

  17 mins
• SUM/OFFSET functions

  28 mins
• Subtotal Feature

  33 mins
• SUMIFS Introduction

  56 mins
• Data Validation - List of Months

  81 mins
• SUMIFS with Two Range Criteria

  86 mins
• SUMPRODUCT Introduction

  95 mins