Last week I updated the Excel Scenario page, and now I have added a video for the Excel Scenario Summary page. It shows the steps for creating an summary table ad a summary pivot table.
Unfortunately, both types of summary report are static, and they don’t update if the Scenario data changes. If you create a Scenario Summary, be sure to date stamp it, or delete it before saving the workbook. You don’t want to keep potentially misleading data in your files.
And the Scenario Summary formatting is about as ugly as Excel gets – purple and grey. Maybe they’ll improve that in the next version! (But don’t hold your breath.)
Watch the Video
To see the steps for creating Scenario Summary, please watch this short video tutorial. This video includes a tip for adding the Scenario command in the Excel 2010 Ribbon, so it is easy to switch between Scenarios.
If you’re working on the office budget, you might be collecting data from different departments. Or maybe you’re planning your back to school spending. If you get that bonus at the end of your summer job, you can use some higher budget numbers. If the bonus falls through, you’ll need your low budget estimates.
Store Data With Scenarios
With Excel Scenarios, you can store different sets of values (in up to 32 cells) in a workbook. Then, without any programming, you can switch between the saved values.
In this example, we store budget projections for two departments. View and print one department’s budget, and then switch to the other department, all in the same cells.
Download the Sample File
To see the written instructions for creating scenarios, please visit the Excel Scenarios page on the Contextures website. There is a sample file that you can download, to see how the Scenarios work.
Excel Dashboard Deadline Reminder
Last week, I recommended the Excel Dashboard Course offered by Mynda Treacy from My Online training Hub. Dashboards are the new buzzword when it comes to Excel reporting and employers are specifically asking for these skills. If you need to take your Excel skills to the next level to get that dream job, then knowing Excel Dashboards will help you stand out from the competition.
The early bird discount for the course ends today, so sign up now, to save 20%. Registration is only open until August 14th, and you can see the course details and a sample video here: Excel Dashboard Course
Watch the Excel Scenarios Video
To see the steps for creating and showing scenarios, watch this short video tutorial. I also share tips for quickly naming cells, and automatically adding those names to your formulas.