Excel Conference - Virtual-Excel PivotTables For Accountants And Financial Professionals

Excel PivotTables For Accountants And Financial Professionals

Pdf Summary

This document is a training overview on Excel PivotTables for accountants and financial professionals. It explains that PivotTables remain one of Excel’s most powerful features for quickly summarizing, analyzing, and drilling into large data sets, yet many users do not take full advantage of them.<br /><br />The session covers what PivotTables are, their key benefits, and the six main components: filters, value fields, columns, items, rows, and the data area. It walks through creating simple PivotTables from tabular data such as a check register, including using Recommended PivotTables, dragging fields into the PivotTable field list, grouping dates into months and quarters, drilling down to underlying transactions, custom grouping of accounts, pivoting rows and columns, sorting, filtering, and refreshing reports when source data changes.<br /><br />The document also explains advanced PivotTable features such as calculated fields and calculated items, which allow users to build custom formulas directly inside PivotTables. Examples include creating an accounts receivable aging report linked to an external database and adding formulas to calculate totals or gross margin.<br /><br />Another major topic is integrating Power Query with PivotTables. Power Query enables refreshable connections to external sources such as Excel files, text files, Access, SQL Server, web pages, PDFs, and accounting databases, reducing manual import/export work and supporting more current reporting.<br /><br />Finally, the document introduces Excel’s newer GROUPBY and PIVOTBY functions. These functions offer more flexible ways to summarize data than traditional PivotTables and can generate grouped reports using formulas. The summary emphasizes that PivotTables, along with Power Query, GROUPBY, and PIVOTBY, can greatly improve speed, accuracy, and analytical insight in Excel.

Keywords

Excel PivotTables

accounting

financial analysis

data summarization

Power Query

calculated fields

calculated items

GROUPBY function

PIVOTBY function

data analysis