Top 5 Essential Excel Functions for Accountants

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  • Опубликовано: 3 янв 2025

Комментарии • 104

  • @alexd6449
    @alexd6449 Год назад +7

    Very helpful video! I am preparing for my Junior Financial Controller interview and Your videos help to refresh my Excel knowledge.

  • @shri2811
    @shri2811 Год назад +12

    Thanku for creating amazing content for accountants❤ I must say apart from bookish knowledge if someone wants to learn and grow in their accounting career this is the right place!

  • @Soulenergy31
    @Soulenergy31 Год назад +6

    Great content Guru!! Include Ctrl + T!, Tables in Excel which is a hidden Gem 💎 💎 not usually used

  • @nikki.r719
    @nikki.r719 9 месяцев назад

    The XLOOKUP portion of the video was so nice & easy- thank you! 🤓

  • @newmhelemish
    @newmhelemish Год назад +4

    You really do a great job. I would like to add from my point of view that Xlookup replacing index match. As you know, old version of office, there is no Xlookup.
    I am following you.. keep going 💪 good job 👏

  • @Kang-xi7we
    @Kang-xi7we Год назад +1

    Thank you for making good and informative clips. It's easy to understand. I've been following it since the first clip I watched. It's great. Thank you.

  • @Caramel1311
    @Caramel1311 6 месяцев назад

    You should have millions of followers! you're such a great tutor!

  • @Epi_phyte
    @Epi_phyte Год назад

    I just chanced on your videos and i must testify that their top-notch. Please keep it up.

  • @MRobie-fe8hd
    @MRobie-fe8hd Год назад

    Your videos are so helpful. I am starting a new job and they will be a life saver.!

  • @evolutionclouds
    @evolutionclouds 27 дней назад

    As bookkeepers we use those formulas too on a daily basis.
    The only one I would change from the list is sumif and replace it with sumifs which allows you to sum based on one or multiple criteria

  • @danorion369
    @danorion369 Год назад +24

    Accountants unite. =)

  • @ritafong8587
    @ritafong8587 Год назад

    Love all your videos!

  • @henrymarroquin5294
    @henrymarroquin5294 5 месяцев назад

    Thanks for the video Bill! Very helpful

  • @920WIZCO
    @920WIZCO Год назад +2

    Great video Bill! Started dabbling more with excel over the last year, working on a few different excel certifications right now, but excited for the day where I feel more comfortable with it and start using it more. So many great features and excited to become a pro in it over the next few years as I stay in the finance/accounting world early next year!

  • @AdeAde0224
    @AdeAde0224 Год назад +1

    Great job your video is pretty accurate for us auditors.

  • @marcogiubar
    @marcogiubar 11 месяцев назад

    Bravo! Veloce ed efficace

  • @georgegecer9049
    @georgegecer9049 Год назад

    Thanks Bill! Can use that today right away

  • @soniacarrion3449
    @soniacarrion3449 5 месяцев назад

    I like your videos, thank you so much 😊

  • @HarshaSakala
    @HarshaSakala Год назад

    I learnt xlookup today…. Thanks 🙏🏾

  • @iloveyou33714
    @iloveyou33714 6 месяцев назад

    Thanks so much Sir, this is very helpful

  • @kevinpark55
    @kevinpark55 Год назад +3

    Great content as always. I have an accounting career question though: I read your comment on another one of your videos that you usually like to move around jobs every five years. I like this idea because every accounting manager job in any accounting specialty (accounts payable, accounts receivable, audit, and tax) all seem to require at least (at bare minimum) 5 years in the specialty for the manager job to which one is applying. I am 40 with a Master's Degree in Accounting because I started late and just got my first accounting job in Accounts Receivable. I hope to get 5 years experience in A/R and then go on to 5 years in A/P before hopefully doing 5 years of staff accounting. But what accounting specialties do you recommend after that? Will I be equipped to be an accounting supervisor or manager by that time? I will be only 55 years old after 5 years in each of the 3 accounting specialties that I just mentioned. I hope to never retire as I enjoy working in general (as I have a very solid work ethic). So, what are your recommendations?
    Thanks for any help that you can provide. (By the way, I used to live where you live: meaning in Bergen County, NJ. Great place).

  • @jeffclion
    @jeffclion Год назад

    You will become my mentor. 👊🏿

  • @rukam3
    @rukam3 Год назад

    Thank you. Please do other Excel functions pertaining to FP&A roles. Thank you in advance

  • @NagyElAlfy-v7v
    @NagyElAlfy-v7v 11 месяцев назад

    Thanks Bill 👍

  • @rhodystudio7196
    @rhodystudio7196 Год назад +1

    Thank you so much!!

  • @alyaniali6829
    @alyaniali6829 Год назад

    Great video, and will applied it when searching for sampling

  • @emelinesome95
    @emelinesome95 Год назад

    OMG!! Thank you very much for explaining it so clearly! 🥰
    I was wondering why everyone said XLookup is better than VLookup : now I get it! Yes XlookUp is wonderful. 👍🏾
    Also I did know about "end of the month". Thx
    However personnaly I also use a lot of TEXTE formulas : Concat ; TextAfter; TextBefore ; right; left; etc.
    If I may suggest to do an 2nd video which include more formula for no-number data analysis.
    Because nowdays software know how to analyze number as well, if not sometime better than us. But it still need to be improved little bit for no-number analysis.
    Thus I think in the future, in order to make the difference, accountants will have to analyze more no-number data.
    At least that's what I think, but I might guess it wrong.

  • @raidaislam3104
    @raidaislam3104 Год назад

    very helpful thank you Sir

  • @sandyvargas8915
    @sandyvargas8915 Год назад

    This is so helpful! 🎉😊

  • @lawrencebrown8821
    @lawrencebrown8821 Год назад

    Love to see more videos like this

  • @barbarapaong8266
    @barbarapaong8266 Год назад

    Thank you Sir.

  • @veronicasaufley1098
    @veronicasaufley1098 Год назад +1

    Loved the video! Are there any other formulas that could be used when reconciling balance sheet accounts? This was super helpful.

  • @7abillity
    @7abillity Год назад

    Awesome video!

  • @CPATuttle
    @CPATuttle Год назад

    Great insightful video brother

  • @JoyfulMelody1
    @JoyfulMelody1 10 месяцев назад

    Hi Bill, thank you for all of the helpful videos! I was wondering if you can advise if you feel someone who has an MBA could transition into an accounting role without a bachelors in Accounting? I have nearly 4 years of previous experience as a manager at a medical clinic in a non-profit facility where I completed a lot of accounting type responsibilities (reviewing contracts for approval of A/P invoices, analyzing contracts and creating new contracts that would save the non-profit money, etc) but I am currently in a higher education role with student facing customer service and non-financial documentation review. Should I work on a certification in quickbooks or something else to prepare me for interviewing for an entry level accounting job? Should I look at obtaining a masters degree in accounting or would my MBA help? I did take accounting and finance courses in my MBA. Thank you for any advice you have! 😊

    • @TheFinancialController
      @TheFinancialController  10 месяцев назад +1

      Hey Joyful, master's in accounting is an overkill since you have an MBA. I would take a couple of online courses on practical accounting in the workplace. check out my controller academy where it's designed exactly for this purpose (showing how accounting is practiced in an actual company)

  • @kathyho3985
    @kathyho3985 7 месяцев назад

    I followed your formula exacting and get the #Name? error mesage. What can I do to correct? Thanks

  • @KudzuCackalacky
    @KudzuCackalacky Год назад

    Very nice!

  • @pankajpilgulwar8098
    @pankajpilgulwar8098 3 месяца назад

    We can use find function so what is point on xlookup 😅?

  • @tmigmar97
    @tmigmar97 Год назад

    What if while using the xlookup if there is a person’s name multiple times, the formula only takes the count for the first name. Is there any way to fix this while using the xlookup?

  • @NeonRebeloffical
    @NeonRebeloffical Год назад

    Do you still have office hours on Patreabout

  • @HarshAnalysis
    @HarshAnalysis Год назад

    Hello is a cpa valuable to get if you are in a developing country which has a lot of American companies and big 4

  • @AninditaGhoshal-bu6it
    @AninditaGhoshal-bu6it Год назад

    You are awesome

  • @pilipenko27
    @pilipenko27 Год назад

    Hi Bill. Are you giving any personal classes (I mean via Zoom, Teams, etc.)?

  • @nadirbaig156
    @nadirbaig156 Год назад

    How change the w.sheet in pdf and reverse

  • @Viper4ever05
    @Viper4ever05 Год назад

    I wish the controller I worked under was nearly as organized as this. The first close I had I was surprised to learn there was no checklists

  • @abrahammusukwa502
    @abrahammusukwa502 Год назад

    Those formula were do u get them

  • @David-mk5yq
    @David-mk5yq Год назад

    Hi bill, I have a bachelor degree in accounting and been working in AR for almost a year now. If my goal is to become CPA and one day controller should I consider switching jobs/positions to more accounting role? Like staff accountant

    • @TheFinancialController
      @TheFinancialController  Год назад +3

      Yes, but don't make your job hops too short. I like to see 1 or 1.5 years in a role at minimum

  • @CK-kd5pn
    @CK-kd5pn Год назад

    Do accountants make use of power query a lot as well?

    • @TheFinancialController
      @TheFinancialController  Год назад +1

      Depends on the role, but not as much as you might think

    • @newmhelemish
      @newmhelemish Год назад

      I myself use power query and power pivot in my work. Sometimes I use pivot table to create a visual and dynamic presentation to the Financials. It depends on many factors, and as Bill said on the role as well. I am accounting manager.

  • @weswirl3704
    @weswirl3704 Год назад

    How common, if at all, is paid overtime in industry for someone in a assistant/controller position?

  • @jenniferlim2250
    @jenniferlim2250 Год назад

    TQ!

  • @loganyang619
    @loganyang619 9 месяцев назад

    Can you add the subtitles for your each video? Thank you so much!

  • @msin148
    @msin148 Год назад +2

    Bill, Do you offer mentoring/coaching for new accountants?

    • @TheFinancialController
      @TheFinancialController  Год назад

      I teach via the Controller Academy. There is a link in the video description

  • @An-Unparalleled-Concern
    @An-Unparalleled-Concern 7 месяцев назад

    Why the actual have I been using index and match and I didn't know xlookup exsisted :(

  • @zohaibrahman2777
    @zohaibrahman2777 Год назад

    ❤ Smartcountant ❤

  • @shameerpk7
    @shameerpk7 Год назад

    But the Xlookup function only available in latest excel versiona

  • @wirngoodette7411
    @wirngoodette7411 Год назад

    My end of month formula isn't giving me months in Words. What can I do?

    • @TheFinancialController
      @TheFinancialController  Год назад

      simply right-click on the cell, click 'Format cell", choose "Date" and find the date format you like to appear!

  • @a.bismail6492
    @a.bismail6492 7 месяцев назад

    I didn't see any If functions in this video. I assume it's not as popular as the rest.

  • @petertenay1785
    @petertenay1785 Год назад

    Where did you go to school? If you don't mind me asking

    • @TheFinancialController
      @TheFinancialController  Год назад +1

      City university of New York

    • @petertenay1785
      @petertenay1785 Год назад

      @@TheFinancialController perhaps I should transfer there to get my bachelor's... you are so knowledgeable... do they have dorms or??

    • @TheFinancialController
      @TheFinancialController  Год назад +2

      @@petertenay1785 the knowledge is from work not school really

    • @petertenay1785
      @petertenay1785 Год назад

      @@TheFinancialController oh, thank you for that.

  • @campbellblk7484
    @campbellblk7484 Год назад

    How does one get good in Excel? Right now I'm just teaching myself how to use it with youtube.

  • @vijaybhogal456
    @vijaybhogal456 Год назад

    Tommy leep is one rich guy,

  • @bettyboyadjian9212
    @bettyboyadjian9212 Год назад

    I don't have that format

  • @subhascommerceacademy
    @subhascommerceacademy Год назад

    ✍️

  • @TheTruthSeeker756
    @TheTruthSeeker756 8 месяцев назад

    Too fast on the sumif function Bill

  • @Joebyron72
    @Joebyron72 5 месяцев назад

    Still dont get how to use eomonth lol

  • @DR-pm6xm
    @DR-pm6xm Год назад

    I am from India can i get a job if you have a accounting firm.

    • @DR-pm6xm
      @DR-pm6xm Год назад

      I am accounts executive where I handle Canadian businesses. I preparr financial statements and end to end accounting.

    • @DR-pm6xm
      @DR-pm6xm Год назад

      If you can provide me an opportunity to work form home that will be a great opportunity.

  • @cyberniv
    @cyberniv 2 месяца назад

    Flashing the mouse pointer all over the place is very irritating.

  • @adamdalgleish8769
    @adamdalgleish8769 Год назад +1

    I can do lots of crazy things with excel... how I went 8 years without knowing about xlookup is beyond me... always had to make new tables to refer to. thanks

  • @sarathp680
    @sarathp680 9 месяцев назад

    Hi Bill.
    I saw your courses. I'm from India. I want to discuss regarding the courses. Its very diffcult indian accountants to access the course. Please let me know how to contact you?