Book Image

Excel 2010 Financials Cookbook

By : Andre Odnoha
Book Image

Excel 2010 Financials Cookbook

By: Andre Odnoha

Overview of this book

<p>Excel is one of the mostused software tools in the world and just about every business has a copy somewhere. Despite its power and flexibility it is not always clear how to use it to perform some of the most important tasks in any business: organizing, analysing, and presenting financial information.<br /><br />Excel 2010 Financials Cookbook contains a rich collection of useful techniques for handling financial data in Excel. From integrating data from a variety of different sources, through organazing and analyzing financial data, to presenting it in a variety of graphical forms, this book has you covered.<br /><br />The book deals first with "normalizing" financial data -- that is, bringing data from a number of different sources into a single format where you can analyze them together. Then you'll learn techniques for managing and analyzing the data before discovering ways to present it graphically. The book then looks at Excel's built in features for financial analysis, and even shows how you can combine the built in features to build your own analysis functions.</p>
Table of Contents (14 chapters)
Excel 2010 Financials Cookbook
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Graphing the principal of a loan automatically


Loans are an essential portion of finance. When calculating a loan it is often beneficial to graph portions of the loan to demonstrate how those aspects may be affected by the loan terms. Loans are not calculated easily without the assistance of a calculator, and principal is not a consistent number. To create a graph based on the loan principle accurately, it is necessary to first create an amortization schedule, and calculate interest, and so on. This process can be quite time consuming and requires recalculation when experimenting with loan parameters.

In this recipe, you will learn to use the VBA code to build an automatic amortization schedule and loan principal graph that can be used multiple times to adjust loan parameters.

Getting started

For this recipe, we will use the loan calculator created in Chapter 3,Moving Beyond the

Grid—Financial Data Via an Interface in the Calculating loan terms in Excel recipe. The UserForm has already been...