CHAPTER 6

Excel for Data Cleaning and Use of Macros

Excel’s extensive functionality can best be judged by three of its most essential characteristics for the accountant:

A) Ease with which a user can convert and summarize thousands of lines of raw data, even if these are imported from other applications like SAP

B) Flexibility to accommodate changes at very short notice, thereby relieving somewhat the added pressure of tight deadlines; and

C) Formula/function structure underpinned by logical steps that are simple to follow

Importing data into Excel

Importing data into Excel from other applications in CSV, TXT format entails:

Performing changes and formats on the data available

Merging data from more than one source

Summarizing data into ...

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