In the range of Microsoft applications, some are easy to master while others are not. This is the case with Excel. To use such programs, it is important to undergo training that covers the basics. This is what the site Apprendreexcel.com strives to do. This article will show you how to insert and modify a calculated field in Excel.
The Essentials of the Excel Calculated Field
A calculated field is a function that allows you to create a new calculated field in a table. You can do this in two ways. In this article, we will provide guidance to successfully perform this operation. You can visit this blog to discover more tutorials.
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To insert a calculated field in a table, go to the “PivotTable” menu and select the “Formula and Calculated Fields” submenu. You can also access it by right-clicking on the PivotTable.
Once in this submenu, the program will ask you for the formula to use for the calculation. Enter the formula and click “Add” and then “OK”.
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If you want to calculate a tax rate of 10%, for example, the formula will be applied separately depending on the selected item. It will determine the tax applied to a sum of sales. You can clarify this by displaying a specific level of detail in your table. Therefore, be careful about how you will use your calculated field. Now, let’s see how to add a calculated item in a PivotTable.
Adding a Calculated Item in a PivotTable
To manage, for example, the payment of a tax from a PivotTable, it would be wise to group the data by region. This will help you gain clarity in your operations. You can create a new value by continent to better analyze the figures. To do this, simply click on one of the concerned countries and select “calculated item”.
You can do this either by right-clicking or by accessing the ribbon directly. You will be directed to a menu where you can select your country field and enter the appropriate formula. It should allow you to calculate the applicable tax for any country. Your table will display the data by the considered countries. It is up to you to group them to have a basis that you can use for similar operations in the long run. Here is a video to visualize the details of this tutorial in more detail.
In Summary
These are just a few things you can learn online at Apprendreexcel. Feel free to visit this site for any concerns regarding Excel functions. You will be completely satisfied.