Top 5 Essential Excel Functions for Accountants

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  • เผยแพร่เมื่อ 5 ต.ค. 2024

ความคิดเห็น • 104

  • @shri2811
    @shri2811 ปีที่แล้ว +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 ปีที่แล้ว +5

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

  • @Soulenergy31
    @Soulenergy31 ปีที่แล้ว +6

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

  • @newmhelemish
    @newmhelemish ปีที่แล้ว +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 6 หลายเดือนก่อน

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

  • @Caramel1311
    @Caramel1311 3 หลายเดือนก่อน

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

  • @danorion369
    @danorion369 ปีที่แล้ว +22

    Accountants unite. =)

  • @MRobie-fe8hd
    @MRobie-fe8hd ปีที่แล้ว

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

  • @henrymarroquin5294
    @henrymarroquin5294 2 หลายเดือนก่อน

    Thanks for the video Bill! Very helpful

  • @laurennguyen2231
    @laurennguyen2231 ปีที่แล้ว

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

  • @Kang-xi7we
    @Kang-xi7we 11 หลายเดือนก่อน +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.

  • @rukam3
    @rukam3 10 หลายเดือนก่อน

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

  • @AdeAde0224
    @AdeAde0224 ปีที่แล้ว +1

    Great job your video is pretty accurate for us auditors.

  • @Epi_phyte
    @Epi_phyte ปีที่แล้ว

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

  • @920WIZCO
    @920WIZCO ปีที่แล้ว +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!

  • @HarshaSakala
    @HarshaSakala ปีที่แล้ว

    I learnt xlookup today…. Thanks 🙏🏾

  • @kevinpark55
    @kevinpark55 ปีที่แล้ว +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).

  • @georgegecer9049
    @georgegecer9049 ปีที่แล้ว

    Thanks Bill! Can use that today right away

  • @iloveyou33714
    @iloveyou33714 3 หลายเดือนก่อน

    Thanks so much Sir, this is very helpful

  • @alyaniali6829
    @alyaniali6829 ปีที่แล้ว

    Great video, and will applied it when searching for sampling

  • @veronicasaufley1098
    @veronicasaufley1098 ปีที่แล้ว +1

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

  • @emelinesome95
    @emelinesome95 ปีที่แล้ว

    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.

  • @soniacarrion3449
    @soniacarrion3449 2 หลายเดือนก่อน

    I like your videos, thank you so much 😊

  • @ritafong8587
    @ritafong8587 10 หลายเดือนก่อน

    Love all your videos!

  • @rhodystudio7196
    @rhodystudio7196 ปีที่แล้ว +1

    Thank you so much!!

  • @jeffclion
    @jeffclion ปีที่แล้ว

    You will become my mentor. 👊🏿

  • @marcogiubar
    @marcogiubar 8 หลายเดือนก่อน

    Bravo! Veloce ed efficace

  • @NagyElAlfy-v7v
    @NagyElAlfy-v7v 8 หลายเดือนก่อน

    Thanks Bill 👍

  • @pooppyybuhhole
    @pooppyybuhhole ปีที่แล้ว

    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.

  • @lawrencebrown8821
    @lawrencebrown8821 ปีที่แล้ว

    Love to see more videos like this

  • @CPATuttle
    @CPATuttle ปีที่แล้ว

    Great insightful video brother

  • @barbarapaong8266
    @barbarapaong8266 11 หลายเดือนก่อน

    Thank you Sir.

  • @raidaislam3104
    @raidaislam3104 ปีที่แล้ว

    very helpful thank you Sir

  • @adamdalgleish8769
    @adamdalgleish8769 ปีที่แล้ว +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

    • @iniester6724
      @iniester6724 ปีที่แล้ว

      Xlookup is fairly new anyways!

  • @JoyfulMelody1
    @JoyfulMelody1 7 หลายเดือนก่อน

    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 หลายเดือนก่อน +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)

  • @sandyvargas8915
    @sandyvargas8915 ปีที่แล้ว

    This is so helpful! 🎉😊

  • @loganyang619
    @loganyang619 6 หลายเดือนก่อน

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

  • @7abillity
    @7abillity ปีที่แล้ว

    Awesome video!

  • @pilipenko27
    @pilipenko27 ปีที่แล้ว

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

  • @Viper4ever05
    @Viper4ever05 ปีที่แล้ว

    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 ปีที่แล้ว

    Very nice!

  • @pankajpilgulwar8098
    @pankajpilgulwar8098 14 วันที่ผ่านมา

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

  • @AninditaGhoshal-bu6it
    @AninditaGhoshal-bu6it ปีที่แล้ว

    You are awesome

  • @kathyho3985
    @kathyho3985 4 หลายเดือนก่อน

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

  • @jenniferlim2250
    @jenniferlim2250 ปีที่แล้ว

    TQ!

  • @a.bismail6492
    @a.bismail6492 4 หลายเดือนก่อน

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

  • @tmigmar97
    @tmigmar97 ปีที่แล้ว

    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?

  • @David-mk5yq
    @David-mk5yq ปีที่แล้ว

    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  ปีที่แล้ว +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

  • @JessicaGarcia-v6b
    @JessicaGarcia-v6b 4 หลายเดือนก่อน

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

  • @HarshAnalysis
    @HarshAnalysis ปีที่แล้ว

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

  • @weswirl3704
    @weswirl3704 ปีที่แล้ว

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

  • @zohaibrahman2777
    @zohaibrahman2777 ปีที่แล้ว

    ❤ Smartcountant ❤

  • @nadirbaig156
    @nadirbaig156 9 หลายเดือนก่อน

    How change the w.sheet in pdf and reverse

  • @msin148
    @msin148 ปีที่แล้ว +2

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

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว

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

  • @monicajones9597
    @monicajones9597 ปีที่แล้ว

    Do you still have office hours on Patreabout

  • @wirngoodette7411
    @wirngoodette7411 ปีที่แล้ว

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

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว

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

  • @abrahammusukwa502
    @abrahammusukwa502 ปีที่แล้ว

    Those formula were do u get them

  • @campbellblk7484
    @campbellblk7484 ปีที่แล้ว

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

  • @shameerpk7
    @shameerpk7 ปีที่แล้ว

    But the Xlookup function only available in latest excel versiona

  • @CK-kd5pn
    @CK-kd5pn ปีที่แล้ว

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

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว +1

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

    • @newmhelemish
      @newmhelemish ปีที่แล้ว

      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.

  • @vijaybhogal456
    @vijaybhogal456 9 หลายเดือนก่อน

    Tommy leep is one rich guy,

  • @petertenay1785
    @petertenay1785 ปีที่แล้ว

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

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว +1

      City university of New York

    • @petertenay1785
      @petertenay1785 ปีที่แล้ว

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

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว +2

      @@petertenay1785 the knowledge is from work not school really

    • @petertenay1785
      @petertenay1785 ปีที่แล้ว

      @@TheFinancialController oh, thank you for that.

  • @TheTruthSeeker756
    @TheTruthSeeker756 5 หลายเดือนก่อน

    Too fast on the sumif function Bill

  • @bettyboyadjian9212
    @bettyboyadjian9212 ปีที่แล้ว

    I don't have that format

  • @subhascommerceacademy
    @subhascommerceacademy ปีที่แล้ว

    ✍️

  • @Joebyron72
    @Joebyron72 2 หลายเดือนก่อน

    Still dont get how to use eomonth lol

  • @DR-pm6xm
    @DR-pm6xm ปีที่แล้ว

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

    • @DR-pm6xm
      @DR-pm6xm ปีที่แล้ว

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

    • @DR-pm6xm
      @DR-pm6xm ปีที่แล้ว

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

  • @sarathp680
    @sarathp680 6 หลายเดือนก่อน

    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?

    • @TheFinancialController
      @TheFinancialController  6 หลายเดือนก่อน

      Hi. You can email me. My email address is on my website