Excel Automation for Month-End Reports: Simplify Your Reporting Process!

📗 Download Video Workbook: »» go.up4excel.com/up4v2401M01FD
Are you tasked with producing monthly reports that detail actuals, budgets, forecasts, and variances? Look no further! In this comprehensive video, I've got you covered with efficient methods to save you time and effort in your finance reporting.
🎥👀 Watch the next video here: • Effortless Period-End ...
📊 Streamline Your Monthly Reporting Process | Excel Tips & Tricks 📊
Your boss demands a detailed sales report every month, categorized by region and product. You're drowning in data, with thousands of orders to sift through. How can you automate this process?
Join me as I explore three game-changing methods across 3 videos:
1️⃣ Function-Based Method: Learn how to efficiently structure your data using Excel functions to minimize errors and streamline reporting. Discover techniques to dynamically update your reports based on changing data inputs.
2️⃣ Power Query Magic: Discover the power of Power Query to automate data retrieval and manipulation, saving you countless hours of manual work. See how to connect to external data sources, clean and transform your data, and create refreshable queries for seamless updates.
3️⃣ Data Model Mastery: Take your reporting to the next level by leveraging Excel's data model to create dynamic reports with pivot tables and pivot reports. Learn how to create relationships between tables, build measures for customized calculations, and visualize your data for better insights.
But wait, why not stick to traditional formulas? I'll uncover the pitfalls of manual methods and show you why tables and functions are the way forward.
Follow along as I walk you through setting up tables, creating dynamic formulas, and generating insightful reports effortlessly. Download the accompanying spreadsheet to follow along step-by-step.
With my techniques, you can easily adapt your reports month by month, minimizing errors and maximizing efficiency.
Ready to revolutionize your reporting process? Watch now and stay tuned for Part 2, where I dive deeper into Power Query wizardry!
🔍 Related topics: Excel reporting, data analysis, budgeting, forecasting, Excel tips and tricks, Power Query, pivot tables, business intelligence.
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[@twarren3685]

Great information! Looking forward to part 2. I realized the month on the Report sheet could be populated dynamically using the function: Text($O$2*28,"mmmm"). 😊

[@Up4Excel]

Great point and thanks for the dynamic month function 👍Part 2 (and 3) already out so in case you need it here's the links: Part 2 ( th-cam.com/video/lv7HhViaU3I/w-d-xo.html ) Part 3 ( th-cam.com/video/dsM8Y51ElBg/w-d-xo.html ). Glad you liked it 👍John

[@MGA19a]

Nice for beginners but … if working with this kind of data in the background, you could solve this more efficiently and elegant through PQ and PowerPivot table (two measures and off you go), and it would be more scalable i guess ...

[@Up4Excel]

You're definitely correct there, and that's what the next 2 videos in the series will be covering so watch out for them. Basically I'm taking people there in stages 😉 I end up with a PowerPivot model of the same data and report as you say 👍 John

[@johnborg5419]

Thanks John. :) :)

[@Up4Excel]

Thanks to you John 👍

[@jerrydellasala7643]

For your Month Actual formula, any reason for using "SUMIFS(tblActuals[Order Value],tblActuals[Region],$B6,tblActuals[Month],$O$2)" and copying it down rather than using "SUMIFS(tblActuals[Order Value],tblActuals[Region],$B6:$B11,tblActuals[Month],$O$2)" which would spill the results with fewer formulas? Locked the ranges to be able to copy left and right.
Also, rather than having to switch back and forth to reference tables, the table names will be found if you start typing them (good reason to name them "tbl..."!), and once the entire table name is selected, typing "[" will bring up the column names. I find that much easier than flipping back and forth!

[@Up4Excel]

Great tips Jerry and thanks for adding them 👍. I didn't think about the spilled range option so thanks, although it won't work on older versions of Excel so anyone reading this bear that in mind. On jumping between sheets I actual use all shortcut keys in practice so pretty quick for me, but I like your ideas so I'm going to test them out as they might be faster 👍 John