Top 5 Essential Excel Functions for Accountants

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  • Опубліковано 23 вер 2024

КОМЕНТАРІ • 104

  • @shri2811
    @shri2811 Рік тому +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!

  • @alexd6449
    @alexd6449 Рік тому +5

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

  • @Soulenergy31
    @Soulenergy31 Рік тому +6

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

  • @Caramel1311
    @Caramel1311 3 місяці тому

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

  • @newmhelemish
    @newmhelemish Рік тому +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 👏

  • @nikki.r719
    @nikki.r719 5 місяців тому

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

  • @henrymarroquin5294
    @henrymarroquin5294 Місяць тому

    Thanks for the video Bill! Very helpful

  • @danorion369
    @danorion369 Рік тому +22

    Accountants unite. =)

  • @pooppyybuhhole
    @pooppyybuhhole 11 місяців тому

    That x lookup is incredibly convenient! Prior to the x look up being added, I would sometimes have to move the column data to be able to pull the right cells.

  • @AdeAde0224
    @AdeAde0224 Рік тому +1

    Great job your video is pretty accurate for us auditors.

  • @laurennguyen2231
    @laurennguyen2231 Рік тому

    I am glad I found your videos. You are a good instructor

  • @Kang-xi7we
    @Kang-xi7we 10 місяців тому +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.

  • @MRobie-fe8hd
    @MRobie-fe8hd Рік тому

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

  • @iloveyou33714
    @iloveyou33714 3 місяці тому

    Thanks so much Sir, this is very helpful

  • @soniacarrion3449
    @soniacarrion3449 Місяць тому

    I like your videos, thank you so much 😊

  • @Epi_phyte
    @Epi_phyte Рік тому

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

  • @rukam3
    @rukam3 9 місяців тому

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

  • @kevinpark55
    @kevinpark55 Рік тому +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).

  • @920WIZCO
    @920WIZCO Рік тому +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!

  • @marcogiubar
    @marcogiubar 8 місяців тому

    Bravo! Veloce ed efficace

  • @ritafong8587
    @ritafong8587 9 місяців тому

    Love all your videos!

  • @HarshaSakala
    @HarshaSakala Рік тому

    I learnt xlookup today…. Thanks 🙏🏾

  • @georgegecer9049
    @georgegecer9049 Рік тому

    Thanks Bill! Can use that today right away

  • @alyaniali6829
    @alyaniali6829 Рік тому

    Great video, and will applied it when searching for sampling

  • @veronicasaufley1098
    @veronicasaufley1098 Рік тому +1

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

  • @rhodystudio7196
    @rhodystudio7196 Рік тому +1

    Thank you so much!!

  • @jeffclion
    @jeffclion Рік тому

    You will become my mentor. 👊🏿

  • @NagyElAlfy-v7v
    @NagyElAlfy-v7v 7 місяців тому

    Thanks Bill 👍

  • @emelinesome95
    @emelinesome95 Рік тому

    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.

  • @sandyvargas8915
    @sandyvargas8915 Рік тому

    This is so helpful! 🎉😊

  • @lawrencebrown8821
    @lawrencebrown8821 Рік тому

    Love to see more videos like this

  • @CPATuttle
    @CPATuttle Рік тому

    Great insightful video brother

  • @raidaislam3104
    @raidaislam3104 Рік тому

    very helpful thank you Sir

  • @JoyfulMelody1
    @JoyfulMelody1 7 місяців тому

    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  7 місяців тому +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)

  • @7abillity
    @7abillity Рік тому

    Awesome video!

  • @loganyang619
    @loganyang619 5 місяців тому

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

  • @barbarapaong8266
    @barbarapaong8266 10 місяців тому

    Thank you Sir.

  • @adamdalgleish8769
    @adamdalgleish8769 Рік тому +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

  • @pankajpilgulwar8098
    @pankajpilgulwar8098 3 дні тому

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

  • @kathyho3985
    @kathyho3985 3 місяці тому

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

  • @Viper4ever05
    @Viper4ever05 Рік тому

    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

  • @KudzuCackalacky
    @KudzuCackalacky Рік тому

    Very nice!

  • @nadirbaig156
    @nadirbaig156 9 місяців тому

    How change the w.sheet in pdf and reverse

  • @pilipenko27
    @pilipenko27 Рік тому

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

  • @JessicaGarcia-v6b
    @JessicaGarcia-v6b 3 місяці тому

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

  • @a.bismail6492
    @a.bismail6492 3 місяці тому

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

  • @HarshAnalysis
    @HarshAnalysis 11 місяців тому

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

  • @tmigmar97
    @tmigmar97 Рік тому

    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?

  • @AninditaGhoshal-bu6it
    @AninditaGhoshal-bu6it Рік тому

    You are awesome

  • @monicajones9597
    @monicajones9597 Рік тому

    Do you still have office hours on Patreabout

  • @jenniferlim2250
    @jenniferlim2250 Рік тому

    TQ!

  • @vijaybhogal456
    @vijaybhogal456 8 місяців тому

    Tommy leep is one rich guy,

  • @weswirl3704
    @weswirl3704 Рік тому

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

  • @David-mk5yq
    @David-mk5yq Рік тому

    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  Рік тому +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

  • @abrahammusukwa502
    @abrahammusukwa502 Рік тому

    Those formula were do u get them

  • @msin148
    @msin148 Рік тому +2

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

  • @wirngoodette7411
    @wirngoodette7411 Рік тому

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

    • @TheFinancialController
      @TheFinancialController  Рік тому

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

  • @CK-kd5pn
    @CK-kd5pn Рік тому

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

    • @TheFinancialController
      @TheFinancialController  Рік тому +1

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

    • @newmhelemish
      @newmhelemish Рік тому

      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.

  • @shameerpk7
    @shameerpk7 Рік тому

    But the Xlookup function only available in latest excel versiona

  • @zohaibrahman2777
    @zohaibrahman2777 Рік тому

    ❤ Smartcountant ❤

  • @TheTruthSeeker756
    @TheTruthSeeker756 5 місяців тому

    Too fast on the sumif function Bill

  • @campbellblk7484
    @campbellblk7484 Рік тому

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

  • @subhascommerceacademy
    @subhascommerceacademy Рік тому

    ✍️

  • @bettyboyadjian9212
    @bettyboyadjian9212 Рік тому

    I don't have that format

  • @Joebyron72
    @Joebyron72 2 місяці тому

    Still dont get how to use eomonth lol

  • @petertenay1785
    @petertenay1785 Рік тому

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

    • @TheFinancialController
      @TheFinancialController  Рік тому +1

      City university of New York

    • @petertenay1785
      @petertenay1785 Рік тому

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

    • @TheFinancialController
      @TheFinancialController  Рік тому +2

      @@petertenay1785 the knowledge is from work not school really

    • @petertenay1785
      @petertenay1785 Рік тому

      @@TheFinancialController oh, thank you for that.

  • @DR-pm6xm
    @DR-pm6xm Рік тому

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

    • @DR-pm6xm
      @DR-pm6xm Рік тому

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

    • @DR-pm6xm
      @DR-pm6xm Рік тому

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

  • @sarathp680
    @sarathp680 5 місяців тому

    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?