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17 Excel Functions to use in 2017.


17 Excel Functions for 2017

          Versatility of Excel’s built-in functions is undeniably one of the main reasons behind this program’s popularity. As users, we have the flexibility to compose complex formulas incorporating multiple functions in our solution to achieve substantial gains in productivity. Most people have their own go-to Excel functions, be it: financial, date & time, math & trigonometry, statistics, look up & reference, database, text (manipulation), or logical. We’ve covered some of these functions already, but below is a compilation of 17 relatively under-used Excel functions you might want to add to your professional repertoire in the new year. Fair warning, you might need to have Office 365 version of Excel for all of the functions to work.

          1. PMT
          2. DATEDIF
          3. LARGE
          4. REPT
          5. LEN
          6. TRIM
          7. SUBSTITUTE
          8. TEXT
          9. IFS
          10. CONVERT
          11. NETWORKDAYS
          12. HLOOKUP
          13. INDIRECT
          14. OFFSET
          15. TRANSPOSE
          16. DSUM
          17. RAND
          BONUS: SUMPRODUCT

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Performing business days calculations in Excel, with NETWORKDAYS function.


Calculate number of whole days between two dates, - NETWORKDAYS function

          We already did some date calculations with a DATEDIF function, as well as without one . However, the limitation of both methods was the fact that they focused on calendar day calculations; in this post, we will perform business day calculations. To accomplish this task, we will need to use NETWORKDAYS, and possibly NETWORKDAYS.INTL functions.

          Following our tradition, let’s turn to Microsoft’s own documentation to introduce the NETWORKDAYS function: “Returns the number of whole workdays between two dates using parameters to indicate which and how many days are weekend days. Weekend days and any days that are specified as holidays are not considered as workdays.”

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