Excel Goal Seek Explained in Simple Steps
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- Опубликовано: 19 авг 2024
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Unlock the potential of Excel's Goal Seek feature in this insightful tutorial! Learn how Goal Seek can simplify complex calculations, especially when you know your target outcome but not the pathway. Ideal for sales, finance, and any data-driven field.
🔍 What You'll Learn:
- How to use Goal Seek to find specific outcomes in Excel.
- Practical applications of Goal Seek in sales and financial reporting.
- Streamlining calculations when only the target result is known.
👨💼 Perfect for:
- Professionals in sales and finance looking to achieve specific targets.
- Excel users who want to enhance their problem-solving skills.
- Anyone interested in efficient data manipulation in Excel.
📌 Key Highlights:
- Effortlessly adjust data to meet desired outcomes.
- Discover practical examples of Goal Seek in action.
- Prepare for more complex scenarios with Solver in the next video.
- Curious what goal seek does? Find out now, because it can save you time.
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Excel's Goal Seek tool is in the Data Tools Tab as a part of What-If Analysis in the Excel Ribbon.
Goal seek can be described as follows:
• It is the opposite of a formula: instead of finding the end result, you give it the end result and it gives you the input
• It eliminates the trial and error process
• It is like guessing on speed. It’s useful for situations where you want quick answers
• It is a simplified Solver
The main advantage of Goal seek is that you don’t have to change your Excel formulas or turn a formula field to an input field.
Solver video: • Excel Solver - Example...
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I tried to understand this from two other very highly rated Excel teachers. I finally understood it with your explanation. Very grateful!!!!!!!!!! Thanks for posting.
Probably you focused harder this time :-)
The way she explains the topic in intro solves half the dilemma ....the objective of a specific topic and later the concept are cross referred ...excellent trainer I must say
Thank you very much, Leila!
Regards,
Zlatka Gocheva, Bulgaria
Quick overview of how to use Goal Seek. Looking forward to the Solver video.
Will be out next week :)
Dear Mrs, Leila Gharami thank you your videos are always useful. you're doing great job we hope you will continue
You're my rescuer.. If I Faced any minefield Miss/Mrs. leila is here.. Thank you so much..
So nice of you :)
Mam... May God continue to shower his richest blessings over you. Thank you for your awesome teachings.
Thank you Nilesh for the kind words.
Leila, another great teaching and useful video! Look forward to the solver video.
Glad you like it.
Thanks for the ease of your explaination and the way you deliver the info.
Keep up the good work
Leila you're a live saver! i know you know !
u r such a lovely person. so warm and cheerful. u make boring stuff interesting
ohhh thank you! Appreciate the nice comment and support.
You are amazing tutor!! You explain excel in a simple way and giving specific examples helps me to understand better the application of each tool at Excel.
I would like also to watch a video about VBA, Macros and Scenario Manager examples.
Thank you!!
Thanks Vasiliki. I'm glad the explanations are clear. I am currently working on a VBA course and will be posting some videos here on RUclips as well - probably next week Thursday....
Thank you very much for the lecture. You made it very simple and easy to understand.
Nice and in simple way you communicated. Excellent
Thank you. This will help me in a course assignment.
my 2 months dilemma just solved today, Gracias miss 😍
Thank you for your video.
Leila, you are amazing. God richly bless you.
Thank you Robert. Glad you like it.
Hi Thank you so much for this video, it really does help me
excellent, thank you very much!
Your so amazing. You just saved me so much time!! Always come in clutch
You're amazing. Thanks for simplifying this.
very well explained
Extremely, I particularly enjoyed this and it was very beneficial in enabling me to study for my commerce exams
I wish you will be a famous RUclipsr one day (in Sha Allah)
At that time
Don't forget your old viwers.
Thanks for your support :) I'm very happy even if only a handful of people benefit from the content here.
she is famous
You a great person thank you for teaching us
I loved this video it was really very helpful for my daughter to understand goal seek .I have tried many times to explain goal seek to her.But everytime she was confused with it. Thanku so much Leila.
Thanks for your comment. Very happy to hear that Vishnu!
Hi liela, Thanks giving formula for the goal seek 👍👍
You're very welcome!
Thanks Leila ! It is very clearly !
You're very welcome Hanh.
.
Thank you
Enjoying your many videos
graduated to this one today
Off to solver
Much appreciated Leila G
Keep well
.
Thank you very much for the lecture.
Very nice explanation! i'll take a look to the solver video! thanks!
Thank you, Leila!
You're welcome Darkhan!
You are an amazing tutor
This helped a lot , Thank youuu
Thank you Leila for this... this is very useful...
Great video.
You made my day, thanks
You are such a great tutor. Thank you
Thanks for watching!
Good video!
Wonderful, thank you.
Leila Thank You for interesting and useful video!
You're welcome Learn Excel :)
love your voice!
Thank you for goal seek fun!
Very well explained
Very well explained!
Very good explanation, cant wait for solver video !
You're very welcome.
Excellent. loved the goal seek function
Great to hear!
thank you
Thank you for your video! I have a question I want to apply goal seek for multiple outcomes. I have several lines with specific outcome - but Goal seek or solver only applies to one cell. How can I apply to multiple cells?
Pretty easy, I'm just making it harder than it really is lol.
Thank You !
Thanks
Thank you so so much. You helped me so much. :)
Glad I could help, Andreea!
Thank you!
You're very welcome.
Thanks😊😊😊
Thanks mam really worth
Thanks very much.
Thank you so much mam!
You're very welcome.
Very well explained! Good that you differenciated between input and output cells. One tip, especially if the model is quite large: use in the formula bar: Trace Precedents, or Trace Dependents. You might check if the arrows "flow" from the Set Cell and Changing cell. I use the Goal Seek very often in my classes for caclulating Break Even Points. In that case you have to substract the two "y" values and this result is the set cell that should be 0.
Looking forward to solver......
Hi Bart - That's a great tip! Specially for more complex setups. Thanks for sharing.
Good One
Thakn you vvvmuch
Many Thanks,
Have been using goal seek. It only works in this vertical layout with the numbers ordered a specific way. The data input appears to allow you to pull cells from anywhere on the sheet but won't return an answer unless it is in this super specific format. Highly frustrating and makes goal seek next to useless.
I LOVE YOU INCREDIBLY.. THANK YOU VERY MUCH
You're welcome!
Hi Leila.. Great video and good explanation.. Waiting for power query tutorials
Glad you like it Balaji :)
Ohh Good Video and most helpful Thank ......
You're welcome Majid. Glad you find it helpful.
Great video help me alot... The solver one was better... If you could show more complex examples I would appreciate it verry much..
I tried writing a macro using a button and a loop where goal seek would move line to line down a column to calculate margins it would only work for about 10 rows until it crashed. This was a few years ago never went back to work on it. However it initially worked
SIMPLE AND INTERESTING
Thanks. Glad you like it.
Please discuss also scenario manager. Thanks mam!
Thanks a lot. It helped a lot
Cool goal seek :)
Thanks Malina :)
I will push a little bit here: is there a chance to use Goal Seek (or an equivalent function) for an entire column of a table? basically, to have the search done without being forced to use the procedure for each line of the column? I hope that this would be interesting for other "students" of yours... And, like many of them, I wish you good luck for 2020! Happy New Year!
I have the same question
thanks thanks
How to use Goal Seek dynamically please help me
ty
thank u. its very useful
You're very welcome Don.
I often use goal seek to calculate 365/365 payment on amortization table. I kinda hate it and know there are "simpler" ways because accounting software always seems to get the value automatically.
Great teacher
Thanks. Glad you like it Nabil.
Thanks for this
I wish she can drop the excel file for practice to make the video useful.
How are the cells changing colors? Input in red and output in green?
you have a soothing voice. I am gonna fall asleep.
Can you teach us how to get the impact to goal, pretty please? :)
Great😃🤩
Thanks a ton LG
You are my fevrt teacher ❤️
You're welcome Dev. Glad to hear that :)
You are my worst commenter
Bartamwala
Can u teach scenario manager
Keep getting “cell must contain a value’ for some reason
Looks similar to the solve function in matlab. Would be useful when the equation is a ridiculously long.
There is also a Solver function in Excel. It's for more complex “what-if-analysis” which Goal Seek can’t do. You can check it out here: ruclips.net/video/dRm5MEoA3OI/видео.html
thank youuuu
Leila, have you ever heard rose diagram (used in geology)? Please show us how to do it please. @t
Thanks in advance
Your big fan
Is there a formula to replicate goal seek method in excel ?
I want to goal seek through large number of data in a row wise. And there is a discontinuity after a few row. Skip row numbers and Numbers of row to be goal seek are not always same. Please help me with a Excel VBA to do thing quickly. Please go through the attached picture her to understand the problem better.
What to do if by changing cell is more than one cell
Hi Leila , thanks for training , where are you from ? although i can guess that 😊😊😊
Anybody else get Cell must contain a value? Even though I have everything as formulas. Please help
Can it be integrated in vba program
I love Excel but am always astonished by the fact the more I learn the less I feel I know
I share the feeling :) That's what makes Excel fun.
At times knowing Excel well makes you feel like god! I know excel enough but I feel like I am still below average. may you please help with PowerPivot?
Very true. PowerPivot, PowerQuery experts are Mike (ExcelisFun RUclips Channel) and Oz (Excel on Fire).
one thing I really like the way you make tour point without using unnecessary hype.. thank you