Equal-Plus in Excel: Why You Should Not Start a Formula With “=+”

You’ve probably seen it already: Starting a formula in Excel with “=+” (equal-plus) instead of just equal. So why do people use the “=+” instead of just “=”? Is there any meaning? This article describes the background of the equal-plus signs, the advantages and disadvantages.

SUMPRODUCT in Excel: Everything You Should Know (+Download)

The SUMPRODUCT formula in Excel is quite powerful. The disadvantage: SUMPRODUCT is often not self-explanatory. Before Excel version 2007 it was used as the SUMIFS formula. Fortunately, with Excel 2007 the SUMIFS formula replaced SUMPRODUCT in many cases. But there are still some cases, in which you have to use SUMPRODUCT. Here is everything you… Continue reading SUMPRODUCT in Excel: Everything You Should Know (+Download)

Case-Sensitive Lookups in Excel: 4 Methods (+XLSX-Download)

Case-Sensitive Lookups in Excel

By definition, the VLOOKUP formula is not case-sensitive. Case-sensitive means, that it matters if you use capital letters or small letters. For instance, a VLOOKUP search for “AAA” will return the same value as for “aaa” or “Aaa”. But in some cases, you want to differentiate between capital and small letters. So how do you… Continue reading Case-Sensitive Lookups in Excel: 4 Methods (+XLSX-Download)

VLOOKUP to the Left in Excel. Yes, It’s Possible!

The VLOOKUP formula in its base version only works from left to right. The search column must be located on the left-hand side of the return column. What if your data doesn’t have such structure? There is a way for using the VLOOKUP to the left but it requires an array form of the formula.… Continue reading VLOOKUP to the Left in Excel. Yes, It’s Possible!

Multi-Condition VLOOKUP and INDEX/MATCH (+Excel-Download)

Multi-Condition Lookups in Excel

There are many cases in which you want to conduct a lookup with several search criteria. As of now only the SUMIFS formula allows a multi-condition lookup. Unfortunately, SUMIFS only works for numeric values (including dates) as the return value. If you want to return text, there is no direct method. The good news: Both… Continue reading Multi-Condition VLOOKUP and INDEX/MATCH (+Excel-Download)

How to Replace Text with the SUBSTITUTE Formula in Excel

SUBSTITUTE in Excel

Sometimes, you need to change text in a systematic way: If you want to replace some text with new text, there are two options. If you only want to do it once, using the Find-and-Replace dialogue is probably the fastest choice. If you want to do it repeatedly or don’t want to mess with your input data, you should try the SUBSTITUTE formula.

Currency Conversion in Excel: Tutorial + Free Excel Add-In

Exchange Rates in Excel

In today’s business world, there is hardly any Excel workbook not  using currencies and exchange rates. Example: When I want to know my revenue for the last month – let’s say of my Excel add-ins or books – I receive an Excel file containing data in various currencies. Because I’m located in Germany, I want to… Continue reading Currency Conversion in Excel: Tutorial + Free Excel Add-In