Two Better Ideas

BY STANLEY ZAROWIN

Ali Allison, CPA, tax practice manager at Singer Lewak LLP in Los Angeles, had some useful ideas about the Tech Q&A item “Generate Duplicate Changes in Multiple Excel Worksheets,” which appeared in the December 2008 issue, page 104. The article is about keeping several similarly laid out spreadsheets along with an annual summary sheet. She suggests adding a “3D” reference for an overview. To do that, she adds, the summary worksheet should have a formula like =SUM(Jan:Dec!B5) to total all the cells in B5 from sheet Jan to sheet Dec. To get the 3D reference, type =SUM in the summary worksheet and then click on the first sheet (for example, Jan), and hold down the Shift key as you click on the last sheet (that is, Dec) and finally click in the cell to be totaled (that is, B5). And presto: an instant 3D reference.

 

And in the same column, regarding the item “A Quick Way to Erase Selected Data From a Workbook,” she points out that our suggestion to use GoTo, Special to identify and remove Constants is not enough. She explains that some accountants use Excel as a calculator and will enter, for example, =25+25+10. Since Excel will read that as a formula, it won’t select it as a constant and remove it. She suggests viewing the formulas with Ctrl-` (the key to the left of the 1 key) to see what’s left after the constants have been erased to see what else needs to be deleted.

 

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.