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This document summarizes key features of different versions of Microsoft Excel and common Excel functions. It outlines new features introduced in Excel 2019/365, 2016, and 2013 such as custom visuals, Flow integration, Quick Analysis tool, and Flash Fill. It also describes common functions like SUM, AND, SUMIF, VLOOKUP, and IPMT, providing their syntax and examples of calculating sums, checking logical conditions, aggregating values that meet criteria, looking up values, and calculating loan interest payments.
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0% found this document useful (0 votes)
52 views2 pages

FINMOD

This document summarizes key features of different versions of Microsoft Excel and common Excel functions. It outlines new features introduced in Excel 2019/365, 2016, and 2013 such as custom visuals, Flow integration, Quick Analysis tool, and Flash Fill. It also describes common functions like SUM, AND, SUMIF, VLOOKUP, and IPMT, providing their syntax and examples of calculating sums, checking logical conditions, aggregating values that meet criteria, looking up values, and calculating loan interest payments.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MS EXCEL VERSION

3 Unique Features

 Excel 2019/365.
- Custom visuals
- Excel connects to Flow
- One can now assign a default behavior for PivotTables
 Excel 2016.
- Date grouping
- Pivot tables handles date and time even better than they did before with automatic grouping
- Power query (Get & Transform) no need to install it since it is already on the Data
 Excel 2013
- The new Quick Analysis tool lets you convert your data into a chart or table in two steps or
less. Preview your data with conditional formatting, sparklines, or charts, and make your
choice stick in just one click.
- Flash Fill is like a data assistant that finishes your work for you. As soon as it detects what
you want to do, Flash Fill enters the rest of your data in one fell swoop, following the pattern
it recognizes in your data. To see when this feature comes in handy, see Split a column of
data based on what you type.
- In Excel 2013 each workbook has in its own window, making it easier to work on two
workbooks at once. It also makes life easier when you’re working on two monitors.
EXCEL FUNCTION

 Basic Function
SUM. The function of this feature, adds all the values in a range of cells. For example, you want
to get the sum of all the values from cell K10 up to K24, just type the formula, under the last cell
or maybe in any cell you want to put the sum, =SUM(K10:K24).
 Logical Function
AND Statement. The function of this feature is to determine if all conditions in a test are TRUE.
For example formula, =AND(K2>1,K2<100), it describes that the displays TRUE if K2 is greater
than 1 AND less than 100, otherwise it displays FALSE.
 Aggregation Function
SUMIF. You use the SUMIF function to sum the values in a range that meet criteria that you
specify. For example, suppose that in a column that contains numbers, you want to sum only the
values that are larger than 5. You can use the following formula: =SUMIF(B2:B25,">5"). The
syntax are range, sum_range and criteria.
 Lookup Function
VLOOKUP. VLOOKUP stands for ‘Vertical Lookup’. It is a function that makes Excel search
for a certain value in a column (the so called ‘table array’), in order to return a value from a
different column in the same row. This article will teach you how to use the VLOOKUP function.
The syntax is =VLOOKUP.

 Amortization Function
IPMT. IPMT function in excel is used to calculate the interest to be paid on a given loan where
the interest and periodic payments are constant, this is an inbuilt function in excel and is also a
type of financial function, this function calculates the portion of interest for the payment done for
a given period. The syntax is =IPMT(

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