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P R E M I E R 
Microsoft  
Excel 2007 
Advanced 
Premier Training Limited 
4 Ravey Street 
London 
EC2A 4QP 
Telephone +44 (0)20 7729 1811 
www.premcs.com
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Advanced Excel 2007 
TABLE OF CONTENTS 
INTRODUCTION ........................................................................................ 1
 
MODULE 1 REVIEW OF INTERMEDIATE COURSE ............................... 2
 
MODULE 2 NAMING RANGES ................................................................. 2
 
Naming a cell, range or formula ............................................................ 2 
Moving to a named range ..................................................................... 4 
Pasting names in formulas .................................................................... 4 
Deleting a named range ........................................................................ 5 
Paste a list of named ranges ................................................................. 5 
MODULE 3 FUNCTIONS ......................................................................... 11
 
If statements ........................................................................................ 11 
Text functions ...................................................................................... 15 
Date and time ...................................................................................... 17 
Look up functions ................................................................................ 18 
Financial functions .............................................................................. 20 
Mathematical functions ....................................................................... 24 
Subtotals ............................................................................................. 28 
Exercise - module 3 ............................................................................ 33 
MODULE 4  TEMPLATES ....................................................................... 39
 
Creating ............................................................................................... 40
 
Using a template ................................................................................. 40
 
Editing a template ............................................................................... 40
 
Notes – module 4 
41
 
MODULE 5 -  AUDITING A WORKBOOK .............................................. 43
 
Auditing and watch window, ................................................................ 43
 
Checking data for errors ...................................................................... 44
 
Finding data precedents ...................................................................... 45
 
Finding formula dependants ................................................................ 45
 
Watch window ..................................................................................... 46
 
Formula auditing mode ....................................................................... 47
 
Notes – module 5 
50
 
MODULE 6 DATA VALIDATION ............................................................. 52
 
Setting data validation ......................................................................... 52
 
Checking for invalid data ..................................................................... 55
 
MODULE 7 MACROS .............................................................................. 60
 
Overview of macros/vba ...................................................................... 60
 
Recording a macro .............................................................................. 60
 
Running macros .................................................................................. 62
 
Add macros to quick access toolbar ................................................... 64
 
Simple editing of macros ..................................................................... 64
 
Exercise – module 7 
66
 
Notes – module 7 
67
 
MODULE 8 EXCEL’S ANALYTICAL TOOLS ......................................... 71
 
Goal seek ............................................................................................ 71
 
Scenarios ............................................................................................ 73
 
Solver .................................................................................................. 79
 
2 & 1 way input table ........................................................................... 81
 
Notes – module 8 
85
 
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Advanced Excel 2007 
INDEX....................................................................................................... 89
 
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Advanced Excel 2007 
© Premier Training Limited 2002 – 2007  
Page 1 
INTRODUCTION 
This manual is designed to provide information required when 
using Excel 2007 This documentation acts as a reference 
guide to the course and does not replace the documentation 
provided with the software. 
The documentation is split up into modules.  Within each 
module is an exercise and pages for notes.  There is a 
reference index at the back to help you to refer to subjects as 
required.  
These notes are to be used during the training course and in 
conjunction with the Excel 2007 reference manual.  Premier 
Computer Solutions holds the copyright to this 
documentation. Under the copyright laws, the documentation 
may not be copied, photocopied, reproduced or translated, or 
reduced to any electronic medium or machine readable form, 
in whole or in part, unless the prior consent of Premier 
Computer Solutions is obtained. 
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Advanced Excel 2007 
© Premier Training Limited 2002 – 2007  
Page 2 
MODULE 1 
REVIEW OF INTERMEDIATE 
COURSE 
Revision Exercise 
1. Create the exercise on the following page, using the 
calculations given. 
2. The factors that might change are located in separate cell 
for easy “what-if” analysis.  The formulae are given below: 
SALES start at 3,500 and increase by the Assumption 
Growth in Sales “10%”. 
PRICE starts at 15.50 and increases by the Assumption 
Growth in Price “0” 
REVENUE is Sales * Price 
RAW MATERIALS are Sales * Assumption Unit Raw Material 
LABOUR is constant at 10,000 
ENERGY is Sales * Assumption Unit Energy 
DEPRECIATION is constant at 750 
TOTAL COSTS is the sum of the above four costs 
GROSS PROFIT is Revenue – Total Costs 
OVERHEADS are constant at 12,500 
NET PROFIT is Gross Profit – Overheads 
The Net Profit for December should be £60,631.63 
3. Rename the worksheet as PROFIT PROJECTION. 
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