Presentation on theme: "Excel Advanced Ann Maes & Frederik Gailly Department of Management information Faculty of Economics and Business Administration."— Presentation transcript:
Excel Advanced Ann Maes & Frederik Gailly Department of Management information Faculty of Economics and Business Administration
Information Outline, Program, Downloads: http://allserv.ugent.be/~fgailly/ExcelAdvanced http://allserv.ugent.be/~fgailly/ExcelAdvanced Contact: Ann Maes (email@example.com)firstname.lastname@example.org Frederik Gailly (email@example.com)firstname.lastname@example.org
Outline: Session 1 Pivot tables and graphs Data tables Scenario management Goal seek Solver Importing Financial data from the Web
Outline: Session 2 Macro’s Explore VBA-objects VBA selection and repetition VBA buttons and events VBA form elements
Pivot Tables Transform large amounts of data from a table or database into an organized summary report Ability to rotate and reorganize the information via “drag-and drop” Ability to filter and sort data as desired
Ex. Sales bookstore Sales per category, per channel and per year, per trimester?
Creating a Pivot Table Data > Pivot Table and Pivot Chart Report Three simple steps: Step 1: Data Location Where is the data to analyze? Pivot table or pivot chart? Step 2: Data Source Select range of cells Select file using Browse Step 3: Creating the Pivot Table Location Layout Options
Step 1: Data location The data is in a Microsoft Excel list We will create a Pivot Table
Step 2: Data Source
Step 3: Creating the Pivot table Step 3 The location will be as a new worksheet Must now organize Layout
Layout Field buttons
Terminology Fields are categories of data (these may usually be row or column headings in a table) Row Fields show each value, or item, in the field as a row Column Fields show each value as a column heading Data Area is the main area of the table where comparative values are shown Grand Totals and Subtotals are sum calculations that appear at the end of relative rows or columns Page Field is a larger category which can group all of the data in the table
Column and Row fields: define how data will be displayed in table Page field: creates a filter for your table Data field: what information do you want to summarize? Pivot table template
The resulting Pivot Table…
Pivot table Page Field Operates like row and column fields but provides a third dimension to your data Without necessarily viewing all its values at the same time (filter) You can also choose to display pivot table pages on separate worksheets
Exercise Show sales per category and channel for 2002 and 2003 in separate pivot tables Show sales per category and channel for each trimester of 2003 in separate pivot tables.
Modifying Pivot Table Only selection of values of row/column/ page fields in pivot table Drop down list of variable Change type of calculation (default Sum) field settings More than one data-variable in pivot table Grouping data Group and show detail > Group
Calculated Fields Pivot Table Toolbar > Pivot Table > Formulas > Calculated Field to create a new field Ex: Commission
Pivot Charts Pivot Table Toolbar > Pivot Charts icon Chart is created from Pivot Table instead of initial data table Data > Pivot Table and Pivot Chart Report Step 1: Pivot Chart Pivot Chart created from data table Pivot Chart has same filtering options as Pivot Table
Template Pivot Chart
Ex. Show sold units per channel and per year ! If you edit your PivotChart, changes will be made to Pivot Table and vice versa!!
What-if analysis “Allows you to change certain conditions in your worksheet to see how these changes affect the result of various spreadsheet calculations” a One and Two-Input Data table Scenario Manager (scenario summary) Goal Seek Utilize Solver
Sensitivity Analysis: Data Table To track how small changes in inputs affect the results of formulas in your model that are dependent on those inputs. Two varieties: one-variable data table two-variable data table
One-Way Data Table List of values for input variable One or more formula Data Table Matrix with values
One-Way Data Table Enter references to formulas to compute across the top (or side) Enter input data, Select the cells comprising the table and use Data | Table… Specify which input value is varied
Example Calculate the monthly payment for a loan of 12400 EUR of 4 years when you consider a constant interest rate of 11% What would the monthly payment be when the interest rate varies (10%; 10,5%; 11%; 11,5%; 12%;12,5%;13)
What if… Not only uncertainty about interest rate but also about amount to loan. Calculate monthly payment for loan at different interest rates en for several amounts (10000, 11000, 12000, 13000, 14000) Two-way data table
Two-Way Data Table List of values for input variable List of values for other input variable Data Table Matrix with values Formula or reference to formula
Two-Way Data Table Enter reference to formula in top left-hand corner of table Enter values for input data, in left column and top row Select cells in table, and use Data | Table… Specify which input values are specified in the table
Two-way data table
Scenario management To perform what-if analyses with more than two input variables use scenarios, which are: A set of values for multiple cells that Excel can put into a worksheet Created based on existing spreadsheets in Excel Use the Scenario Manager to set up and view different scenarios. As you view each scenario, Excel uses the values in the scenario as input to calculate the results.
Ex. Scenario Management
Scenario Management: define several scenarios Use Tools > Scenarios … menu option Add scenarios (with Add… button)
Adding additional Scenarios
View and edit scenarios Scenarios defined you can view one by selecting the name of the scenario you want to see in the Scenario Manager dialog box and click Show and then Close. Excel will display the original spreadsheet, with the values from the scenario you chose. You can edit your scenarios from the Scenario Manager Select the scenario you want to edit, and click Edit This will bring up a dialog box in which you can change any of the input values You can then display the spreadsheet with the values from the edited scenario
Scenario summary report display a summary of the results from all of the scenarios you have created.
Scenario Summary Report The Scenario Summary report shows you how your performance measure and your decision vary for scenarios where multiple input variables are changing.
What If vs If What Data Table and Scenario Analysis asked the question “WHAT IF …” ? We might also want to ask the question “IF … WHAT” ? IF our profit is to be $100, WHAT must our sales be? For this question, we can use Goal Seeking IF our profit is to be maximized, WHAT must be done? For this question, which is more complex, we can use Solver
Goal seeking Use this when you want to find a specific result for a cell by adjusting the value of one other input cell. Use Tools > Goal Seek… Under Tools > Options… > Calculations you can change the maximum iterations, the precision, etc. At the end you can either ignore or accept the solution Excel suggests.
Example Car Payment
Tools > Goal Seek Output cell address Target level sought Input to vary If the monthly payment may not exceed 200 what should the duration of the loan be….
Optimization Analysis: Solver Finds set of decision variables that achieves best possible value of an output Answers questions such as: How should we allocate our budget to maximize profit? How much inventory should we stock of each type of product, given constraints on shelf size and budget?
Excel Solver to solve a mathematical model which has been entered into an Excel spreadsheet This mathematical model can be either Linear Programming problem = there is a linear relationship among all constraints and the objective function Integer Programming problem = decision variables can only take integer values in a given range (these integer values can also be boolean = 0 or 1 only)
The Mathematical Model Decision Variables = variables assigned to a quantity or response that must be determined in the problem Objective Function = equation which states the goal of the model Maximize Minimize Constraints = equations which state limitations of the problem To solve the model, each constraint must be considered simultaneously in conjunction with the objective function
Tools > Solver
The Solver Steps Step 1: Read and Interpret the Problem Step 1.1: determine the decision variables Step 1.2: state the objective function Step 1.3: state any constraints Step 2: Prepare the Spreadsheet Step 2.1: Enter the decision variables Step 2.2: Enter the constraints Step 2. 3: Enter the objective function Step 3: Solve the model with the Solver Step 3.1: Set the Target Cell and choose Min or Max Step 3.2: Select Changing Cells Step 3.3: Add Constraints Step 3.4: Set Solver Options Step 3.5: Solve and review Results
Ex. Capital Budgeting A company has six different opportunities to invest money. Each opportunity requires a certain investment over a period of 6 years or less. The Company wants to invest in those opportunities that maximize the combined Net Present Value (NPV). It also has an investment budget that has to be met for each year. In each year there is only a limited amount of money available. All amounts are give in millions of dollars. Interest rate is 5%. A company wants to maximize the combined Net Present Value (NPV) of a maximum of 6 opportunities that require up to 6 yearly investments. In each year there is only a limited amount of money available. All amounts are give in millions of dollars. Interest rate isAll amounts are give in millions of dollars. Interest rate is
Step 1: read and interpret the problem Decision Variables Investment percentages in each opportunity Objective Function Maximize combined NPV Constraints Investment percentages < 1 Cash flows < investment budget (Year 1…6)
Step 2: Prepare the Spreadsheet The spreadsheet should have each part of the model clearly entered
Step 3: solve the model The Solver parameters can now be set according to the cell references with the appropriate model parts
Step 3 (continued) Solver Options should also now be set
Solver Reports Answer Report = lists the target cell and the changing cells with their original and final values, constraints, and information about the constraints. Sensitivity Report = shows how sensitive the solution is to small changes in the objective function formula or the constraints. For linear models, the report includes reduced costs, shadow prices, objective coefficient (with allowable increase and decrease), and constraint right-hand side ranges. Limits Report = lists the target cell and the changing cells with their respective values, lower and upper limits, and target values. The lower limit is the smallest value that the changing cell can take while holding all other changing cells fixed and still satisfying the constraints. The upper limit is the greatest value.
Quick Review Pivot tables and graphs Data tables Scenario management Goal seek Solver
Importing financial data from the web Web queries can assist you in inserting refreshable data from the Web into your worksheets. You can now navigate to any Web page while setting up a Web query, the same way as you would navigate to that page in your browser. Once you are at the page, you can select one or more tables by clicking the icon images automatically added to the page by Excel.
Importing financial data from the web Data > Import External Data >New Web Query.
Basic steps Click the arrow next to the tables you want to import ( arrow checkmark) Web queries are automatically saved with your workbook. If you want to save the query so that it can be run in other workbooks, click Save Query (.iqy extension.) To set formatting and import options for how data is returned, click Options Import Data Choose location data
Result web query
Excel Advanced: Session 2 Visual Basic For Applications
Contents 1. Macro’s 2. Explore VBA-objects 3. VBA selection and repetition 4. VBA buttons and events 5. VBA form elements
Macro’s Visual Basic toolbar View – Toolbars – Visual Basic Play Macro Record Macro Security Settings Visual Basic Editor
Macro’s Improve functionality Your first macro: Open budget.xls Select D7:F8 Record Macro Name: CurrencyFormat Cell Properties Valuta Decimals: 0 Stop record Macro Name Macro
Run Macro’s Select cells Run Macro Select CurrencyFormat Run
Edit Macro in VB Editor Select run Macro Select Macro Edit
Macro’s in VB editor Fixed syntax: Sub name_macro() …. End Sub ‘ Remarks Between sub and end sub: Body Macro contains one or more statements
Sign your macro’s !!! Vlerick computers only accept signed macro’s How to sign your macro’s Create a signature Add your signature to the workbook
Create a signature Programs > Microsoft Office Tools > Digital Certificate for VBA projects
Add your signature to the workbook Microsoft VB Editor Tools > Digital Signature
Exercise Macro Create a macro that merges a selection of cells vertical aligns the text. Rotates the text 90°
Solution Macro Sub VerticalMerge() ' ' VerticalMerge Macro ' Macro recorded 21/09/2004 by fgailly With Selection.HorizontalAlignment = xlGeneral.VerticalAlignment = xlCenter.WrapText = False.Orientation = 90.AddIndent = False.IndentLevel = 0.ShrinkToFit = False.ReadingOrder = xlContext.MergeCells = True End With End Sub
Simplify Solution Sub VerticalMerge() ' ' VerticalMerge Macro ' Macro recorded 21/09/2004 by fgailly ' With Selection.VerticalAlignment = xlCenter.Orientation = 90.MergeCells = True End With End Sub
Methods in Macro’s Until now: Record macro’s that change the properties of a selection Next Step: Record methods in a macro. Example: Macro to transpose formulas into values
Solution Sub ConvertIntoValues() ' ' ConvertIntoValues Macro ' Macro recorded 21/09/2004 by fgailly ' Selection.Copy Selection.PasteSpecial Paste:=xlPasteValues, Operation:=xlNone, SkipBlanks _ :=False, Transpose:=False Application.CutCopyMode = False End Sub
Summary 2 kinds of statements: Statements that change properties: With this you assign a new value to this property. Ex: Selection.VerticalAlignment = xlCenter Methods: You don’t assign a new value. You are doing something. Methods can have arguments Ex: Selection.PasteSpecial _ Paste:=xlPasteValues, _ Operation:=xlNone, _
Execute Complex tasks with macro’s Import File: Open file Wizard import text Move sheet to workbook Delete row
ImportFile Macro Sub ImportFile() Workbooks.OpenText Filename:="C:\Excel VBA Oefenbestanden\Nov2002.txt", _ Origin:=xlMSDOS, StartRow:=4, DataType:=xlFixedWidth, FieldInfo:=Array( _ Array(0, 1), Array(8, 1), Array(20, 1), Array(27, 1), Array(41, 1), Array(49, 1)), _ TrailingMinusNumbers:=True ActiveWindow.WindowState = xlNormal With ActiveWindow.Top = -9.5.Left = 3.25 End With Sheets("Nov2002").Select Sheets("Nov2002").Move Before:=Workbooks("hoofdstuk2.xls").Sheets(1) Rows("2:2").Select Selection.Delete Shift:=xlUp End Sub
Improve importfile macro 1. Users must be able to select the txt-file: Application.GetOpenFileName(“…, ….”) 2. Remove unnecessary statements 3. Macro’s must be used for all the months of the year Sheets(“nov2002”).Move ActiveSheet.Move
Objects in excel Objects exists in collections Workbook object Workbook budget.xls instance of an object Objects have properties Author: property of a workbook Height: property of a cell Name: property of a worksheet Objects have methods Collection of objects have methods
Immediate Window We will use the immediate window to explore the VBA objects. View > immediate window
Workbooks Add a workbook to the collection Workbooks.add Count workbooks Workbooks.count Close all workbooks Workbooks.close Refer to a workbook Workbooks.Item(1) Workbooks(“Book1”) Name of a workbook Workbooks.Item(1).name Close a workbook Workbooks.Item(1).close ActiveWorkBook.close Activate Workbook Workbooks(“Map14”).activate
Worksheets Add a worksheet to the collection Worksheets.add.name = “Nieuw blad” Delete a worksheet Worksheets.Item(1).delete Rename worksheet Worksheets(1).name = “Test” Activate worksheet Worksheet(“Test”).activate Copy worksheets Worksheets(“Test”).Copy Worksheets(“Test”).Copy Before:=Worksheet(1) Select worksheets One: Worksheets(2).select More than One: Worksheets(Array(1,3,4)).select
Range Point to a range with an address Range("AA190").Select Range("A12:B34").Select Special Range Object Cells Cells.Select Cells.Item(5).select Cells.Item(4,2).select Special Range Object Colums / Rows Columns(3).Select Columns("D").Select Rows("3:14").select
CurrentRegion, EntireColums, EntireRow Point to a region based on the current selection ActiveCell.Currentregion.Select ActiveCell.EntireColumn.Select Selection.EntireRow.Select
OffSet(m,n) ActiveCell.offset(1,0).Select Go one row down ActiveCell.Offset(2,2).Select Go two rows down Go two columns to the right ActiveCell.Offset(-1,-1).Select Go one row up Go one column to the left
Add a value to range-object Selection.value = 100 ActiveCell.Offset(-1).value = 0 Selection.Formula = 100 ActiveCell.Offset(-1).Formula = 100
Add a formula to range Activecell.Formula = "=A1 * B2“ Activecell.FormulaR1C1= "=R[-2]C - R[-1]C"
VBA Selection and repetition
Conditional Statements If …….. Then …. Elseif …. Then …. Else …. End if
Example 1 Sub GoLeft() ActiveCell.Offset(0, -1).Select End Sub !!! In cell A1: Error Resolution: Sub GoLeft() If ActiveCell.Column <> 1 Then ActiveCell.Offset(0, -1).Select End If End Sub
Example 2 Sub GoRight() If ActiveCell.Column < 5 Then ActiveCell.Offset(0, 1).Select Else Cells(ActiveCell.Row + 1, 1).Select End If End Sub
Message Boxes 2 types: MsgBox “Text” simple messages MsgBox(“text”, Buttons, “Title”) User has to respond (ex. Press YES) Examples: Msgbox “Proceed with the macro” Msgbox(“Proceed with the Macro”, vbYesNo, “Proceed”)
InputBox User has to respond by typing a text and pressing OK Example: answer = InPutBox(“Give the month”)
Example 3 Sub TestInput() Dim myDate As String myDate = InputBox("Give the Date (mmm-jjjj)") If myDate <> "" Then If IsDate(myDate) Then MsgBox "Continue Macro" Else MsgBox "Invalid Date" End If End Sub
Example 3 bis Sub TestInput() Dim myDate As String myDate = InputBox("Give the Date (mmm-jjjj)") If myDate <> "" Then If IsDate(myDate) Then answer = MsgBox(“Continue?”, vbYesNo) If answer = vbNo Then Exit Sub End If Else MsgBox "Invalid Date" End If End Sub
Loops: For Each For each Used to walk through a collection of objects For Each In … …. Next
Example 1 Sub ProtectSheets() Dim mySheet as Worksheet For Each mySheet in Worksheets mySheet.Select mySheet. Protect “Password”, _ True, True, True Next mySheet End Sub
Example 2 Sub unprotectSheets() Dim mySheet As Worksheet For Each mySheet In Worksheets mySheet.Select mySheet.Unprotect "Password" Next mySheet End Sub
Loops: For For-loop Used to execute statements for a couple of times by using a counter For i = 0 to n …. Next i
Example Sub ProtectSheets() For i = 1 To Worksheets.Count Worksheets(i).Protect "Password", _ True, True, True Next i End Sub
Loops: Do Until / Do While Do Until [condition] … Loop Do While [condition] …. Loop
Example 1 Sub FilesEnhanced() Dim myRow As Integer Dim myFile As String myRow = 1 myFile = Dir("C:\Documents and _ Settings\fregai\Bureaublad\*.doc") Do Until myFile = "" Cells(myRow, 1) = myFile myRow = myRow + 1 myFile = Dir Loop End Sub
VBA buttons and events
Using buttons in excel Toolbars / control toolbox Select Button Draw Button Every toolbox element has properties: Name Caption
Using buttons in excel (2) Attach macro to button: Create macro with special name: Sub NameButton_click() …. End Sub !!! Name Button is very important Use Meaningful names
Example 1 Sub ZoomIn_click() Dim MyZoom As Integer MyZoom = ActiveWindow.Zoom + 10 If MyZoom <= 400 Then ActiveWindow.Zoom = MyZoom End If End Sub
Using buttons in excel (3) To test a button exit design-mode Click event Code will be executed when the event happens Other Events: MouseMove ….
Example 1 Private Sub Worksheet_SelectionChange(ByVal _ Target As Range) If ActiveCell.Interior.Color = vbCyan Then Selection.Interior.Color = vbYellow Else Selection.Interior.Color = vbCyan End If End Sub
Example Create a loan calculator: Formula: =PMT(C5/12;C6*12;C4) Amount200.000,00 € Rate4,00% Years20 Term-1.211,96 €
Improved Calculator Limit number of years Limit possible rates Limit loan amounts Protect Worksheet
Limit number of years Control Toolbox > Spin Button Properties: Max: 30 Min: 5 Linked Cell C6
Limit possible rates Control Toolbox > Scroll Bar Properties: Max: 2000 SmallChange: 25 LargeChange: 200 LinkedCell: H5 Formula C5: = H5/10000
Limit Loan amounts Use a listbox First Create a list with possible values on an other worksheet: Select List Give a RangeName AutoList 91 Mercury Sable7500 88 Nissan Pulsar NX3350 90 Toyato Camry5950 88 Dodge Lancer ES3299 87 BMW 3254959
Limit Loan amounts (2) Control Toolbox > List Box Properties: LinkedCell: C2 ListFillRange: AutoList ColomnCount: 2 BoundColumn
Protect WorkSheet Create eventhandlers for Elements 1. List Box – Properties: Name: lstAmount LinkedCell : “” – Sub lstAmount_Change() Range(“C4”).Value = lstAmount.Value End Sub 2. Scroll Bar – Properties Name: scrRate LinkedCell: “” – Private Sub scrRate_Change() Range("C5").Value = scrRate.Value / 10000 End Sub 3. ….
Protect Worksheet (2) VBA editor: In ThisWorkBook Sub Workbook_Open() WorkSheets(“Lening”).Protect _ UserInterfaceOnly:= True End Sub