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

Calculating loan terms using Excel


Loan-calculation information is an important financial function when dealing with customer payment information. Excel provides built-in functionality for calculating loan terms including payments, principal, and so on. However, Excel requires the information to be entered into a worksheet.

In this recipe, you will learn how to create a standalone application that can be used as a loan calculator for calculating loan terms to be used elsewhere within the Excel workbook.

How to do it...

We will begin by adding a UserForm to the current worksheet that will prompt the user for the parameters of the loan:

  1. 1. From within an Excel worksheet, press Alt + F11 on your keyboard to open the visual basic editor (VBE).

  2. 2. Once open, choose Insert | UserForm from the tools menu to add a new blank UserForm:

  3. 3. Using the toolbox located to the left of the UserForm, click on the textbox tool (ab|) to add a textbox to the form.

  4. 4. Using your mouse, draw a text in the upper-middle...