Reader challenge: Test your Excel IQ

BY J. CARLTON COLLINS, CPA

This month I am turning the tables; it’s your turn to face the challenge. A reader sent me the following Excel question, and I am submitting it to you for a chance to solve his problem:

Q: I have created an Excel template in which we enter employee information and pension data, and as we enter this data, I want the last row automatically displayed in a ready-to-print formatted report (a rough example of which is pictured in the image below). My problem is that as this list grows longer, I can’t figure out how to automatically reference the last row of data in the ready-to-print, formatted report without editing the formulas to refer to that ever-changing last row.

Reader challenge: Your objective is to fix the following problem: As new data are entered and the list of data in columns B through J grows longer, how can we get the pension plan statement (specifically, the cells in columns P and Y containing the Last Name, First Name, Address, Phone, City, State, Zip, Plan, and Balance data) to automatically display the last row of data as the data continues to grow? Do you have the solution? If so, here’s your chance to shine. Download the uncompleted template at carltoncollins.com/test.xlsx and see if you have the answer. Send me your solution, and look for my answer to this problem in the September JofA.

Where to find January’s flipbook issue

Starting this month, all Association magazines — the Journal of Accountancy, The Tax Adviser, and FM magazine (coming in February) — are completely digital. Read more about the change and get tips on how to access the new flipbook digital issues.

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Upon its enactment in March, the American Rescue Plan Act (ARPA) introduced many new tax changes, some of which retroactively affected 2020 returns. Making the right moves now can help you mitigate any surprises heading into 2022.