Why Excel falls short The Internal Rate of Return is a key metric used by investors, business managers and many other decision-makers to evaluate project profitability and viability. In the past, an ...

The IRR formula is complex, so it's rarely calculated manually. In most cases, investors use an IRR calculator or an Excel spreadsheet, which has a built-in function to determine a project's IRR.

Some benefits to using GROUPBY over a PivotTable are that it is formula-based, it updates dynamically, and it is easy to use in reports (it does not require setup). In cell G1, enter the GROUPBY ...

Limited Compatibility Microsoft introduced the PIVOTBY function for general use in Excel in September 2024, around a year after introducing it to Microsoft Insiders.

In Excel spreadsheets, complex formulas are difficult to enter without making mistakes. Microsoft Excel’s LAMBDA() function can make such errors easier to find.