Calculating sales tax on prices is something you don't have to worry about if you use Excel. You can add a formula to the spreadsheet you use for invoices, bills of sale or quotes, and that's the end ...

Social Security tax must be deducted from each employee's paycheck until he reaches the maximum contribution amount for the year. Employers must also pay an additional amount of Social Security tax on ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Ever feel like you’re spending more time wrestling with Excel than actually analyzing your data? For accounting and finance professionals, the pressure to deliver accurate, insightful reports—often ...

Have you ever stared at a sprawling Excel spreadsheet, wondering how to make sense of the chaos? For many, Excel formulas feel like a secret language, powerful yet elusive. But here’s the truth: ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite stories); ...

What Is a Payback Period? The payback period is the amount of time (usually measured in years) it takes to recover an initial investment outlay—as measured in after-tax cash flows. For example, if a ...