Aging Accounts Receivable Reports on Multiple Sheets With Array Formula

Learn how to create automated Accounting Aging Accounts Receivable Reports across multiple sheets using array formulas, Excel Table features, and Formula Table Nomenclature in this comprehensive 27-minute tutorial. Master techniques for converting source data tables, importing data, adding helper columns, and utilizing COUNTIFS formulas to count past-due records. Explore advanced array formulas with LARGE, IF, and AGGREGATE functions to extract customer information efficiently. Discover how to implement INDEX, AGGREGATE, IF, ROW, COUNTIFS, and ROWS functions for complex data extraction. Gain insights into making Table Formula Nomenclature absolute and copying array formula reports across multiple sheets. Test the automation capabilities to ensure real-time updates when source data changes, enhancing your Excel skills for creating dynamic financial reports.

min) Overview of end result: Automatic Aging Reports.
min) Convert Source Data Table (in separate workbook file) to an Excel Table and name the Table..
min) Import Source Data into Report File.
min) Add Helper Column to Destination Excel Table in the Report Workbook file. First look at Table Formula Nomenclature (Structured References). The correct formula for Days Late is: =TODAY()-[@[Due Date]]..
min) COUNTIFS formula to count records that are between 1 and 30 days past due. Including syntax for greater than or equal to criteria when the comparative operator and a cell must be joined..
min) Array Formula to extract the "Number of Days Late" information for each customer, given two criteria. See how to use LARGE function and IF function and the array formula key stroke: Ctrl + Shift + Enter. GOOD FOR EXCEL 2007 or EARLIER. Learn more about Table Formula Nomenclature (Structured References)..
min) See how to use IF function rather than IFERROR function to create efficient Data Extraction Array Formulas..
min) Array Formula to extract the "Number of Days Late" information for each customer, given two criteria. See how to use the AGGREGATE function rather than the LARGE function to gain the benefits: 1) No need for special keystroke, 2) avoid errors from implicit intersection. GOOD FOR EXCEL 2010 or LATER..
min) Array Formula to extract Customer Name and Invoice Amount using INDEX, AGGREGATE, IF, ROW, COUNTIFS and ROWS functions..
min) Learn how to make Table Formula Nomenclature (Structured References) Absolute..
min) Copy Array Formula Reprt to Multiple Sheets..
min ) Test to see if data changed in the Source and Destination workbooks will be reflected in the Aging Reports automatically..