SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

If we could impart one reality to our small business clients, it’s this: if you’re not intimately in touch with your business’s financial health, you’re leaving money on the table. Period. It’s ...

When you’re running a business, you have to pay close attention to the numbers. Customer traffic, orders, profits and losses — all of these numbers are crucial to your business. That’s why it’s ...

Although Excel, the Microsoft Office spreadsheet program, has a few specialized financial formulas built in to the software program, the accounting format for spreadsheet cells has the most general ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

Both the Currency and Accounting number formats in Excel are used to display monetary values, including the symbol for the chosen currency. However, in this article, I'll explain their subtle ...

Excel is a go-to tool for many companies, especially in e-commerce accounting automation. Whiz Consulting, use Excel for budgeting, planning, and forecasting in e-commerce accounting. Excel is popular ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...

Quickbooks Online is one of the biggest names in accounting software, and that might be because of how easy it is to scale as your business grows. The Simple Start option provides all the basic ...