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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:

  1. I’ll teach you advanced formulas and functions, and how to work with mega formulas

  2. 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.

  3. 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

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!

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