Build Excel Models using Advanced Formulas, VBA, Power Query

What you'll learn

• Advanced Formulas and Functions to prepare Accounting Schedules (such as prepaid expenditure) and many other amortisation 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 (Next level Data modelling tricks)

• Introduction 06:35

  • 1: 1. Course Intro for Advanced Excel Training Preview 04:14
  • 2: 2. Minimum Requirements for the Course Preview 01:05
  • 3: 3. Prepayments Introduction Preview 01:16

• Download Course Resources (Very Critical to have them) 02:00

  • 4: Month End Date Prepaid Expenses Amortization Calculation 01:00
  • 5: Exact Prepaid Expenses Payment Date Calculation 01:00

• Accounting for Prepaid Expenses 07:59

  • 6: Prepaid Expenses (Prepayments) Accounting Definition 02:47
  • 7: Prepaid Expense Example (How Accounting works for Prepayments) 02:39
  • 8: Advantages and Disadvantages of Prepaid Expenses 02:33

• Excel Formulas Detailed (Intro to three Excel Models) 56:15

  • 9: Intro to PRO Excel Models and Formulas 05:57
  • 10: Basics of Date Function 04:32
  • 11: Basics of EOMONTH Function 04:11
  • 12: Basics of DATEVALUE function 03:27
  • 13: Basics of IF Function 07:35
  • 14: Basics of IFS Function (Office 2019 or Microsoft 365) 07:04
  • 15: Basics of VLOOKUP Function 06:46
  • 16: Basics of MATCH Function 04:34
  • 17: Basics of INDIRECT Function 01:34
  • 18: Basics of NAMED Ranges (Name Manager) 03:08
  • 19: Advanced Version of VLOOKUP Function (All other formulas combined) 07:27

• Formula based Prepaid Expenses Model (Schedule) 42:51

  • 20: Introduction to Model and Control Panel Tab (Important Sheet Tab) 08:25
  • 21: Formula Based Prepaid Expenses Model - Deep Dive (Part 1) 04:49
  • 22: Formula Based Prepaid Expenses Model - Deep Dive (Part 2) 06:22
  • 23: Formula Based Prepaid Expenses Model - Deep Dive (Part 3) 06:14
  • 24: IFS Function - Month End date Prepayment calculation 04:09
  • 25: Prepaid Expenses - Closing Balance Summary Tab (Formula Based Summary) 08:52
  • 26: Protecting Formulas Cells and Fields in the Model 04:00

• Calculate Prepaid Expenses Amortisation from Exact Start date (Prepayment date) 53:17

  • 27: Exact Date Prepaid Amorisation calculation Introduction 03:09
  • 28: Formulas update and Model Changes for Exact Prepaid Exps Calculation 02:57
  • 29: Formulas Update for Exact Date Prepaid Exps Amortisation (Part 1) 03:56
  • 30: Formulas Update for Exact Date Prepaid Exps Amortisation (Part 2) 03:22
  • 31: Formulas Update for Exact Date Prepaid Exps Amortisation (Part 3) 02:19
  • 32: Formulas Update for Exact Date Prepaid Exps Amortisation (Part 4) 06:34
  • 33: IFS Function - Exact Date Prepayments Amortisation 03:33
  • 34: Data Validation Controls (Enhancing Data Input Controls with Protection 10:21
  • 35: Bonus Prepayment Model with Opening Balance (Part 1) 07:42
  • 36: Bonus Prepayment Model with Opening Balance (Part 2) 09:24

• Prepaid Expenses Summary with Power Query and Pivot Table 57:29

  • 37: Power Query and Pivot Table Prepayment Summary Table Introduction 05:49
  • 38: Introduction to Power-Query-An-Orientation 02:00
  • 39: Power Query and Pivot Table Summary - Deep Dive (Part 1) 04:49
  • 40: Power Query and Pivot Table Summary - Deep Dive (Part 2) 03:47
  • 41: Power Query and Pivot Table Summary - Deep Dive (Part 3) 05:18
  • 42: Power Query and Pivot Table Summary - Deep Dive (Part 4) 09:17
  • 43: Using Array Formulas to Add Formula Protection 04:24
  • 44: Bonus: Allocate Prepaid Expenditure Cost Centre Wise 1 02:00
  • 45: Bonus: Allocate Prepaid Expenditure Cost Centre Wise 2 07:31
  • 46: Bonus: Prepayment Model with Opening Balance Calculation (PQ and PT Version) 12:34

• Advanced VBA Prepaid Expenses Amortisation Model 16:04

  • 47: Excel Macro security Changes required 01:00
  • 48: Download Excel VBA Prepayment Model here 01:00
  • 49: Complete Walkthrough - Advanced VBA Prepaid Expenses Amortisation Model 05:44
  • 50: Bonus New Version - Excel VBA Prepayment Model 08:20

• BONUS: Dynamic Dashboard for Divisional Profit and Loss statements (Easy way) 58:49

  • 51: Dynamic Dashboard Overview 06:31
  • 52: Importing Profit and Loss Statements Source Files and creating YTD P_L Sheets 08:11
  • 53: Creating Dynamic Data Validation 02:10
  • 54: Creating Named Ranges for Dynamic Table Arrays (to be used in VLOOKUP Function 03:27
  • 55: Dynamic Date Column Headings for each Divisional PL Table 02:29
  • 56: Dynamic Month and YTD Dashboard tables headings (PRO TIP) 02:52
  • 57: Dynamic VLOOKUP Formula - Preparing First section of the Dashboard 04:02
  • 58: Creating Rolling Dashboard with Dynamic VLOOKUP Function 08:00
  • 59: IMPORTANT _ Error Checking for your reports_Dashboard (PRO TIP) 02:35
  • 60: Data Prep for Visualization_ AREA Charts (Awesome trick using #NA Function) 04:48
  • 61: Visualization_ AREA Charts for Month - Revenue, Gross Profit and Net Profit 04:31
  • 62: Visualization DONUT Charts Revenue, Gross Profit and Net Profit (Part 1) 03:00
  • 63: Visualization DONUT Charts Revenue, Gross Profit and Net Profit (Part 2) 06:13

• Power Query & Pivot Tables based Dashboard without any Formulas, Fully Dynamic 56:50

  • 64: Introduction - Formula-less Dashboard - Fully Dynamic and easily refreshed 05:12
  • 65: Understanding the data files before building dashboard 02:00
  • 66: Consolidating Reports with Power Query (Get _ Transform) , How to install PQ 07:35
  • 67: Dynamic File Path Trick in Power Query with Parameters (Amazing trick) 05:57
  • 68: Conditional Cumulative totals with SUMIFS Function 04:06
  • 69: Conditional Cumulative totals with M Code 06:16
  • 70: Dashboard Creation - Pivot Table showing Month and YTD KPIs division wise 06:03
  • 71: Dashboard Creation Donuts Charts linked with Pivot Table (Replicate Charts fas 08:21
  • 72: Dashboard Creation - Line Charts 07:56
  • 73: Update Dashboard with Additional Divisional Data with Few Click (Magical) 03:24

• Thank you and Ultimate Bonus (Must have it) 02:39

  • 74: Thank you Advanced Excel Model 01:39
  • 75: Download Ultimate Prepaid Expenditure Model here 01:00

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 the next 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:

1. I’ll teach you advanced formulas and functions, and how to work with mega formulas

2. 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, automate entire workflow saving precious time.

3. In the course, I go through specific examples of Prepaid Expenditures like this one below:

Mobile Phone prepaid vouchers/data plans and Insurances.

While this course will be of utmost help to Accounting professionals, FP&A Professionals, Auditors, business professionals, anyone can enrol 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)

And 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 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 frauds)

And 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!

It doesn’t stop there…

We’ll use Power Query (Get and Transform) and Pivot Tables as well!

And we’ll even cover some Excel VBA.

At end of the course, you will have a clear and practical understanding of how prepaid expenses accounting works and how you can use Microsoft Excel efficiently to calculate accurate prepaid expenses 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!

• Anyone who wants to learn Advanced modelling techniques and Tricks in Microsoft Excel
• Accountants who want to efficiently manage their Prepaid Expenses and Balance Sheet Reconciliations
• Non-Accounting professional/Entrepreneurs who want to estimate the impact of Prepaid Expenses on their investment and Profit and Loss over a fixed term
• Analysts /Auditors who want to audit effectively for Prepaid Expenses
• Business Budgets and Forecast Activities where prepaid expenses are a crucial part of Balance Sheet and Income Statements

• 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)

Reed courses certificate of completion

Digital certificate - Included