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Excel Spreadsheet Example

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Azurine Claire May 1, 2021 Spreadsheet

So why does data that inevitably finds its way into a Microsoft Excel spreadsheet often suffer from the problems outlined above. The reasons are many. If the data is imported, it may have been sourced from a combination of other spreadsheets, databases, systems, reports, word documents, emails or web pages. If the data has been entered manually it may have been poorly done so by an inexperienced computer users such as administrative or junior staff with a lack of understanding for data structures. Excel is easy to use and widely accessible, so an inexperienced colleague can quite easily update your spreadsheet with a false sense of confidence and inadvertently enter new data incorrectly. And finally, unlike a fully functional software system, data entry in Excel generally has no automatic validating rules, unless carefully setup by the spreadsheet‘s creator.

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When Microsoft Excel is used to manipulate, store and analyse data it can become extremely difficult to manage, let alone efficiently work to produce any meaningful insights. This is because with data sets large and small, the data must be meaningful, logical, structured, internally consistent and clean. This holds true regardless of whether the data has been imported into excel from another system or manually entered. In this computing age, most people know that for any data set to be useable it must first be relatively structured and clean. A spreadsheet and its table layout naturally encourages data to be somewhat structured, however ensuring data is clean is also difficult.

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Now switch to your Excel spreadsheet and select the entire data table which you have created as the basis of your invoice. Either click the ‘copy‘ button or simply right click and select ‘copy‘, then transfer to your Word document and place the cursor where you wish to paste the spreadsheet. What you do next really depends upon which version of Microsoft Word you are using. In Word 2007 you need to click the drop down arrow on the ‘paste‘ button, which is the first icon on the ‘home ‘ribbon. Now you need to select ‘paste special‘ and in the dialogue box choose ‘paste link‘ and select Microsoft Excel Worksheet Object. If you are using Microsoft Word 2003, click ‘edit‘ on the menu bar and select ‘paste special‘. The resulting dialogue box is the same as for Word 2007.

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Lester‘s temporary office at the Factory was glassed on all sides, and surrounded by the sights, sounds, searing temperatures, and smells of the smelting and pouring areas. Originally, the cubbyhole had been used for storing coal and coke until the plant converted to gas-fired furnaces in the mid-‘50s. Over the next three decades a succession of plant superintendents used the room to boink their secretaries, which necessitated its windows being painted a squalid olive drab. During 10 years of performing this chore every six months, Lester had scraped two panes clear, so now he could gaze into the murky, smoky, smelly pit outside as he waited for the grinding computer and clackety printer to spit out a stream of spreadsheets.

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As a set of general rules data is most useful when things like text fields hold only names as well as meaningful and validated codes, categories and classifications. Text notes and other free form text should be isolated to a dedicated notes field and thus separated from other numeric data. Numeric fields should hold only numeric values (numbers, dates, %‘s and in the correct quantum or magnitude with no text prefixes, suffixes, spaces, text elements or text notes present. You must also be careful that numeric data is not stored as text and it should be internally consistent in terms of the correct format so that it can be used in calculations or for comparison and queries. Finally, addresses should be separated out into multiple fields such as street address, town /suburb, state / province, postal code and country to allow for geographic analysis and mail outs if required. Fixing up a data set to meet these criteria is called data scrubbing, cleansing or massaging. This data cleansing process can be very time consuming even for an experienced Microsoft Excel user, database engineer, business analyst or computer programmer.

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These common complaints with Microsoft Excel filtering are heard time and time again by engineers, accountants, management consultants, bankers and finance professionals who work with data in Excel spreadsheets on a daily basis. Many spreadsheet users including financial modellers (who seem to be leading the charge) are turning towards Excel Add-ins and software tools that plug into Microsoft Excel to help them improve the in-built filtering logic of Microsoft Excel and thus analyse certain data sets quickly and easily.

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