Excel functions you simply MUST know if you want to stay in the game. Download my PDF here: https://lnkd.in/d-6UKdxB If you are in finance, you have all in your hands, just need an idea how to apply, and simply learn a technique. These some ideas you can use some formulas for practical cases: 💡 SUMIFS Aggregate departmental expenses based on category & period. Sum revenue by product, region, or time period 💡 COUNTIF Identify how many months exceeded budgeted expenses. 💡 VLOOKUP Pull actual vs. budget data for variance analysis. 💡 XLOOKUP Fetch latest financial figures dynamically from reports. Match department codes to cost centers without worrying about column order 💡 IFS Categorize costs automatically (e.g., "High" for expenses > $100K) 💡 EOMONTH Automatically set month-end dates for forecasts & financial reports. 💡 NPV Evaluate long-term project profitability by discounting cash flows. 💡 FV Forecast future cash balances for treasury planning. 💡 PV Assess the present value of lease payments in CapEx planning. 💡 IRR Determine return on investment for capital budgeting decisions. Compare different projects to determine the most profitable investment based on IRR. 💡 INDEX & MATCH – Flexible cost allocation in financial models. 💡 IF Create dynamic financial statement assumptions based on conditions. 💡 IFERROR Prevent calculation errors when pulling incomplete data. P.S. If you like this, you may like my Modeling and FP&A programs that comes in a form of video lessons and excel models. Look more here: BojanFin. com | 57 comments on LinkedIn