<<<<<<
By Bill Jelen
Charting Improvements
•
>) )
Excel 2013
Companies with volume licensing agree-
Too many people try to use pie charts
charting t humbnails in descend ing order.
ments will be able to download Excel
when pie charts should only be used to
In this artic le, I am plotting 12 months of
2013 starting this month. Here is a look at
show how components add up to
revenue an d gross profit I normally
the charting improvements in Excel 2013.
100%. Line? Surface? And when do you
would use a clustered column ch art
use Scatter charts?
Excel 2013 suggests a line chart first,
Insert Recommended
Chart
in Excel 2013. Select yo ur data. On the
but my preferred clustered column chart
One of the toughest problems w hen cre-
Insert tab, choose t he Recommended
is second, so it's easy to select I can also
ating a chart is choosing the chart type .
Charts icon. Excel w ill offer up to 10
peruse the stacked area chart, stacked
which I rare ly would have cons idered,
The Excel team simplified this process
column , and 100% stacked columns
before selecting a thumbnail and creat-
Figure 1
A
-----i
2
'Revenue
3 .Profit
4
I
8
i
G
D
-
Jan
Feb
$187K
$189K
$88K
$94K
Mar
$206K
$102K
Apr
$196K
$91K
May
$213K
$100K
J
H
K
--
Jun
Ju l
$209K
$199K
$98K
$96K
Aug
$189K
$87K
ing the chart
Sep
Oct
OV
$224K
$246K
$266K
$109K
$115K
$115K
Excel 2013 has a lot of too ls to protect Excel novices from themselves. If
you select an unsummarized data set of
• ~ev enue • Profit
hundreds of points, Excel wi ll look fo r a
6 '
7
STYLE
:x
COLOR
text column that has repeating values,
8
such as a Region field or Product fie ld .
9
10
The Recommended Charts algorith m will
11
12
~
""
14
15 '
16
17
18 '
JP.N
19 1
~
~
i r 1 1 i i i i i Ii
~
13
offer to create a summary of sales by
~
~EB
'v1AR
APR
MAY
JUN
JU L
.ti.U G
S EP
OCT
NOV
Profit or by Region. This requires a pivot
table, but all of that happens in th e
background.
o=c
20 I
. .~"''"'',. .
21
22
No Legends for
Single-Series Charts
Any ti me t hat you create a chart from
23
24
one data series, Excel 20 10 w ould put
25
26
• Revenue • Profit
27
the na me of t he data series in th e chart
t it le and in th e legend. It was always
60
STRATEGIC FINANCE
I
Nov e mb er 2 012
Figure 2
1
_A ·r~E __ F G H I
Apr
2 ~
3 Callou ts:
May
$1961<$iDK
Jun
Jul
Aug
Sep
J
Oct
$320K ---sii9K $ is9K$ 224K
K
$246K
Nov
$2
Com petitor on strike Factory shut-dow n
4
!
I .
7
8
9
0
Figure 3
Choose the chart type and axis for your data series:
Series Name
Chart Type
2
31
4
5
6
I
Revenue
I
Profit
GP%
redundant, and you ended up deleting
The paintbrush icon is my favorite.
~stered Column
Clustered Column
Secondary Axis
TI
0
--=_[:]
0
P\IHIN&'Hi SI:]
a formula to generate the label, such as
the title or the legend. In Excel 2013,
Microsoft hired a professional designer
=IF(MAX($B$2:$M$2)=B2, "Top
you won't get a legend for a single-
to create 153 rea lly good-looking chart
Month",""), in order to dynamically
series chart.
styles. When you click on the paintbrush,
label whichever month is the max.
you will see about 10 ideas of how to
Number Formats
Match Source
format your chart. The designs are mod-
Easier Combo Charts
ern and generally look good. All of these
The old Chart Wizard in Excel 2003
Numbers that appear in data labels and
styles were possible in Excel 2010, they
offered a combo chart where some
along the axis will use the same number
just would have required 30 or 40 for-
series were shown as columns and oth-
format as the ce lls in the source data.
matting steps instead of two clicks.
ers as lines, often using a secondary axis .
The format of the data used to create
The funnel icon is again there to pro-
This feature was hidden in Excel 2007
and 2010, although it was still possible
the charts in Figure 1 was $#,##0,K. This
tect the Excel novice. Imagine that the
shows the values in thousands. As the
original data had summary columns for
using the Format Dialog. In Excel 2013,
01, 02, 03, 04, and Total. These
choose Insert, Recommended Charts, Al l
figure shows, this format carried over to
the charts.
columns don 't belong in the chart. The
Charts, Combo to get to a new way to
funnel icon lets you uncheck the unnec-
specify exactly which series gets which
Three New Helper Icons
essary columns to remove them from the
chart type and which shou ld be plotted
Select a chart in Excel 2013, and three
chart. This is a time saver. If you normally
on a secondary axis (see Figure 3).
icons appear to the right of the chart
would create a second chartable table of
Excel 2013 is available for volume
(see Figure 1): a plus sign, paintbrush,
the data, you won't have to do that any-
licensing customers this month and will
and funnel.
more.
be available for purchase in 01. Among
The plus sign allow s you to add ele-
the many improvements throughout this
labels, or a legend. This on,e icon
Data Label Callouts
from Cell Values
replaces the entire Chart Tools Layout
Chart labeling is improved in Excel 2013
ments to the chart, such as titles, data
new version, these charting improvements wi ll go a long way to modernize
the look of your Excel reports . SF
ribbo n tab from Excel 2010. It can turn
with a new callout label style and the
elements on or off. Click the arrowhead
ability to get chart label values from
Bill Jelen is the host of MrExcel.com and
to see a flyout menu of choices, or click
cells . The chart in Figure 2 has two call-
the author of 39 books, including Excel
More to open a new Format task pane
outs that came from text entered in row
2013 Charts & Graphs. Send questions
with all of the choices.
3. Rather than static text, you could have
for future articles to [email protected].
N ovembe r 2012
I STRATEGIC
FINANCE
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