Build Excel Models using Advanced Formulas, VBA, Power Query
Learn to design robust Excel Models and Dashboards for Reporting and Analytics using Formulas, Excel VBA & Power Query
Office Productivity,Microsoft,Excel
Lectures -81
Resources -22
Duration -5.5 hours
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Course Description
If you’re an accountant, analyst or business professional looking to take your Excel skills to the next level, this is the course you’ve been looking for!
This course will teach you how to prepare an efficient Excel model with advanced (powerful) formulas and functions, Power Query /Pivot Tables and Excel VBA (all templates are available for download).
In addition to that, I’ll cover how to create fully dynamic Excel dashboards with just Excel Formulas or if you want to get more advanced, we’ll cover level Dashboard with Power Query and Pivot tables (no formulas used, refresh the dashboard with new data with just two clicks)
Here’s a sneak peek into some of the things we’ll cover:
I’ll teach you advanced formulas and functions, and how to work with mega formulas
Using Power Query (Get and Transform) to automate multiple sheets into an insightful summary report (Pivot Tables Report) using Excel VBA to control input and reduce errors, automating the entire workflow and saving precious time.
In the course, I go through specific examples of Prepaid Expenditures like Mobile Phone prepaid vouchers/data plans and Insurance.
While this course will be of utmost help to Accounting professionals, FP&A Professionals, Auditors, and business professionals, anyone can enroll in the course.
Accounting for prepaid expenses is easier than you think if you have the right tools at your disposal. But to do it… you need to accurately maintain the record of all prepaid expenses on your computer for an accurate profit or loss each period end (monthly/quarterly and yearly).
Therefore it is quite crucial to have a Robust Prepaid Expenses Schedule (for an Accountant/Analyst/Auditor) and Microsoft Excel is a great tool for this task
As we go through the example, I’ll teach you hands-on techniques to maintain a robust prepaid expenses schedule that will help you accurately determine:
The portion of prepaid expenses to be charged to the income statement/profit and loss statement each month.
Prepaid expenditure balances for monthly balance sheet reviews.
Forecast or budget prepaid expenses for future periods.
Impact on the cash flow of business due to prepaid expenses spending (high or low).
How to allocate prepaid expenditures each month to various divisions or cost centres accurately (using Power Query and Pivot tables) with just a few clicks (fully automated approach).
How to make sure that prepaid expenditure GL (balance sheet) is accurately maintained (cross-checking integrity of GL entries to detect and prevent errors and fraud).
I teach you all of this using Microsoft Excel! Not only will I give you the models I’ve built, but also help you improve your ability to use the various functions of Excel:
IF Function (nested IF).
Date Functions.
Lookup and Match Function.
Named Ranges.
Data validation.
Array Formulas.
And much more.
Once you have a solid grasp of those, I’ll show you how to combine the above functions to create powerful formulas!
We’ll use Power Query (Get and Transform) and Pivot Tables as well!
And we’ll even cover some Excel VBA.
At the end of the course, you will have a clear and practical understanding of how prepaid expense accounting works and how you can use Microsoft Excel efficiently to calculate accurate prepaid expense charges, prepaid expenses balance and forecast prepaid expenses for future periods.
Your co-workers and your boss will be very impressed when you show up with these new skills! For the price, I have it at… it’s worth every penny!
Don’t wait to improve your understanding of prepaid expenses and become an Excel guru! Enrol today to get started!
Goals
- Advanced Formulas and Functions to prepare Accounting Schedules (such as prepaid expenditure) and many other amortization models.
- How to leverage an awesome data transformation tool called Power Query (Get & Transform).
- How to Manage Prepaid Expenses accounting professional way (or any other amortisation schedule).
- How to Forecast and Budget Prepaid Expenses and its impact on three Financial Statements.
- Maintaining the utmost accuracy while closing month-end books (Accountants) for Prepaid Expenditures.
- Dynamic Data Visualization and Dashboard Preparation using Formulas and Functions.
- Dynamic Dashboards and Data Visualization with Power Query (Level Data modelling tricks).
Prerequisites
- Basics of Double Entry Accounting System.
- Basics of Microsoft Excel (also basics of Pivot Tables).
- A Computer with Microsoft Excel Installed (preferably: 2007 or later versions, for Power Query You will need Excel 2010 or later).

Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction
3 Lectures
-
Course Outline and Introduction 04:14 04:14
-
Minimum Requirements for the Course 01:05 01:05
-
Prepayments Introduction 01:15 01:15
Prepaid Expenses Models (Complete Resources Download)
2 Lectures

Accounting for Prepaid Expenses
3 Lectures

Excel Formulas Detailed (Intro to three Excel Models)
11 Lectures

Formula based Prepaid Expenses Model (Schedule)
7 Lectures

Calculate Prepaid Expenses Amortisation from Exact Start date (Prepayment date)
11 Lectures

Prepaid Expenses Summary with Power Query and Pivot Table
10 Lectures

Advanced VBA Prepaid Expenses Amortisation Model
4 Lectures

BONUS: Dynamic Dashboard for Divisional Profit and Loss statements (Easy way)
14 Lectures

Power Query & Pivot Tables based Dashboard without any Formulas, Fully Dynamic
12 Lectures

Thank you
3 Lectures

Instructor Details

Prashant Panchal
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