K2's Excel Data Models, Combinations, and Consolidations
Combining and linking data from multiple tables, sheets, and workbooks is a daily need for most accountants, yet many do not fully appreciate the breadth of Excel options available for accomplishing this task. In this session, you will learn about the full range of Excel data consolidation functionality, including simple sum-through formulas, auto-merging workbooks, consolidation PivotTables, and linking tables to create powerful Data Models. Simplify and streamline your data consolidation processes, improve your personal productivity, and reduce errors with the information contained in this feature-packed session.
Upon completing this course you should be able to:
- Differentiate between various formula-based approaches to consolidating data,
- Implement dummy end-point worksheets or columns to simplify the data consolidation process and reduce errors,
- Differentiate between using Data Consolidation by position and by category,
- Use consolidation PivotTables to combine data from multiple worksheets and/or multiple workbooks, and
- Create a Data Model by linking multiple tables of data and then building powerful PivotTable analyses from the Data Model.
Major Topics Covered
- Different methods of consolidating data in Excel and pros and cons of each approach
- How to use Excel’s Data Consolidate feature
- Creating consolidation PivotTables and how they can be useful
- Data Models, including understanding the functionality of Data Models and how to create them
CPE Credits: Recommended for 2 Hours of Computer Software and Applications
Instructional Delivery Method: QAS On-demand learning, including review and final exam questions. To earn credit, participants must pass the final exam with a score of 70% or better within one year of registering for this course. Participants may attempt take the final exam up to 10 times.
Prerequisites: Fundamental knowledge of computer operations and Microsoft Office Excel
Program Level: Intermediate
Advance Preparation: None
Designed For: Accountants and business professionals seeking to utilize Excel as a tool for combining and consolidating data from multiple sources, generally for the purpose of preparing reports. This program focuses on techniques found in Microsoft Office Excel 2013 and newer designed for the Windows operating system .