There are literally hundreds of formulas and functions in Microsoft Excel. But if you take the time to look at them you will quickly come to this conclusion, no matter what you personally use Excel for, be it for managing inventory, developing month-end financial reports, or to determine stock trades, there are just way too many formulas or functions that you will never ever need to use or use. But with that said, if you need to use Excel to manage and to manipulate numbers, there are functions and formulas to get it done.
Most users can get Excel to do what they want with just 20 formulas and functions, but of those there are 5 that are the most used, and that we highly recommend you learn how to use, and to use properly.
After 15 years in the trenches building Microsoft Excel solutions for dozens of finance and accounting departments for big business has lead us to this list of 5 Microsoft Excel formulas. So here are what we feel to be the top 5 Microsoft Excel formulas and functions for accounting and finance professionals:
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