Master Excel's Indirect Function: Create Powerful Summary Reports

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  • Опубліковано 18 кві 2023
  • Are you tired of manually sifting through extensive data sets and struggling to make sense of them? If so, it's time to simplify your data analysis process with a summary sheet using the powerful INDIRECT function.
    In this quick Excel tutorial, learn how to harness the full potential of the Indirect Function to create dynamic and insightful summary reports.
    This will help you maximize your data analysis capabilities in Excel.
    From linking data across multiple worksheets to automating summary calculations, this video will empower you to master the Indirect Function and unlock the true power of Excel for generating powerful summary reports.
    Boost your productivity and gain a competitive edge with this essential Excel skill.
    Enjoying this Excel tutorial from @ExcelCampus ? We have a TON of #msexcel tutorials for Excel beginners and experts (and everything in between!)
    Are you always learning something new when it comes to Excel? We definitely are.
    This is why we created a playlist dedicated entirely to our Excel new tips and tricks: • Tips & Shortcuts
    They'll help you master Excel so you nail that next interview, or at least find formulas, macros, VBA, and pivot tables a little less confusing...

КОМЕНТАРІ • 11

  • @IvanCortinas_ES
    @IvanCortinas_ES Рік тому +2

    Superb formula Jon! Thank you!!!

  • @Fshhady
    @Fshhady Рік тому +1

    thanks Jon

  • @adriennecrosby4105
    @adriennecrosby4105 Рік тому +1

    Yes, so cool

  • @BeugsTheLegend
    @BeugsTheLegend Рік тому +2

    Would it not be the same thing without the indirect function? If you just put everything in the parentheses right after the equals sign?

    • @ankursharma6157
      @ankursharma6157 Рік тому

      That will work for the 1st cell.
      If the formula is dragged down . . will it return the result in other cells?
      The formula in the video is dynamic . . when the formula is dragged down, it returns correct result in other cells.

    • @BeugsTheLegend
      @BeugsTheLegend Рік тому +1

      @@ankursharma6157 Upon further testing, I’ve realized the need for the indirect function. Without it, the cell will simply display the text of what’s in the parentheses but the indirect function makes excel recognize it as a sheet/cell reference and it will actually retrieve the data and display it. I get it now.

    • @ankursharma6157
      @ankursharma6157 Рік тому

      @@BeugsTheLegend 👍

  • @radlock1721
    @radlock1721 Рік тому

    I have a question. I need a next turn, it will put data from A2:E2 to the bottom of the list and then pull the list up. Making A3:E3 be now in A2:E2 with out delete a row because I have other data on the right. Any ideas?

    • @matricus
      @matricus Рік тому

      In that case its better to use a lookup function like index/match or xlookup so the location of the item does not matter, as long as its in the given range.
      Both can be combined with indirect formula to make the source sheet reference dynamic too.
      And both of these ways can be enhanced further, e.g. by making the source an official Excel table (ctrl+T) and then refer in your formulas to the table, which will make your formulas automatically expand/shrink if you add new items or remove existing items from the table.

  • @matricus
    @matricus Рік тому +1

    Using legacy formulas is not a good idea with increased dataset size. The smart person would instead use things like PowerQuery to merge all those sheets into one consistent table that can auto update itself (+ having a fixed dynamic reference because its an official Excel table) and then probably using things like SUMIFS, index/match, xlookup, depending on the data structure.
    It's always best to have an "all in one"-table you can just run calculations on instead of having standalone sheets doing their thing and then one "summary sheet" just showing those things.
    Work smarter, not harder.