Excel Waterfall Chart: Step-by-Step Guide!
Dive Deep into Waterfall Charts in Excel!
Explore the lesser-known yet powerful waterfall chart in Excel with me! This video is your go-to guide for creating stunning visual representations ideal for budgeting scenarios and loss analysis.
The magic of the waterfall chart lies in its ability to vividly portray both positive and negative values, making income versus expenses easily comprehensible. With subtotals enhancing the clarity, it’s a game-changer in visualizing financial data.
I'll guide you through the steps—starting with organizing your data, including positive and negative values, subtotals, and overall totals. Discover the simplicity of inserting a waterfall chart through Excel’s ribbon tool.
But there's an art to formatting the chart to perfection. Learn the trick to color-coding bars effectively; it's not as straightforward as it seems! I'll show you the technique, highlighting increases, decreases, and subtotals accurately using Excel's legend.
Join me on this insightful journey, unraveling the intricacies of waterfall charts in Excel. Enhance your data representation skills and unravel the potential within Excel's lesser-explored charting feature!
Download link to file used in the video: https://drive.google.com/uc?export=do...
0:00 - Intro
1:23 - Inserting the waterfall chart
1:44 - Defining the subtotals
2:38 - Other formatting options
4:28 - Change the colors of the bars
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