SlideShare a Scribd company logo
1 of 6
Common Spreadsheet Errors Bill Doyle Bill_doyle@mba.berkeley.edu
Spreadsheet Error #1 Too many spreadsheets. This sounds obvious but one major spreadsheet error is having a workbook that is too big and contains multiple links to other spreadsheets and/or worksheets	 Main problem: links can easily break and person viewing spreadsheet will not be understand how final answer is derived.
Spreadsheet Error #2 Links to outside workbooks	 While a great idea in theory, I have seen many spreadsheet break down because of links to outside workbooks. Solution: Have links only to worksheets within own workbook
Spreadsheet Error #3 Lack of Summary Page A summary page is of the utmost importance especially for large workbooks that contain many different variables. Executive staff does not want to view a 45 page workbook.  Just 1-2 pages summarizing answer Summary must contain a list of assumptions that can easily be changed and then update all spreadsheets in workbook
Spreadsheet Error #4 Naming of Workbook Again, this seems obvious but make sure to label each workbook that you work on as a new version i.e TradeCenterv.1, TradeCenter v.2, etc
Spreadsheet Error #5 Formatting!  A poorly formatted spreadsheet will not garner the appropriate level of attention from executive staff. ATTENTION TO DETAIL IS KEY!!

More Related Content

Similar to Common Spreadsheet Errors Doyle

1 ACC ACF 2400 – Semester 2, 2017 Individual Assignm.docx
1  ACC ACF 2400 – Semester 2, 2017  Individual Assignm.docx1  ACC ACF 2400 – Semester 2, 2017  Individual Assignm.docx
1 ACC ACF 2400 – Semester 2, 2017 Individual Assignm.docxhoney725342
 
final home work for database.DS_Store__MACOSXfinal home wo.docx
final home work for database.DS_Store__MACOSXfinal home wo.docxfinal home work for database.DS_Store__MACOSXfinal home wo.docx
final home work for database.DS_Store__MACOSXfinal home wo.docxmydrynan
 
Improvement Engineering Examples
Improvement Engineering ExamplesImprovement Engineering Examples
Improvement Engineering ExamplesMarrick13
 
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362TawnaDelatorrejs
 
VT University Live Session 4
VT University Live Session 4 VT University Live Session 4
VT University Live Session 4 VisibleThread
 
Sample Excel 2013 Advanced Essentials
Sample Excel 2013 Advanced EssentialsSample Excel 2013 Advanced Essentials
Sample Excel 2013 Advanced Essentialslearnbydoing
 
How To Automate Part 1
How To Automate Part 1How To Automate Part 1
How To Automate Part 1Sean Durocher
 
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?Supply Chain Forecasting & Planning: Move On from Microsoft Excel?
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?Jeff Ondria
 
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...Time Doctor
 
Basic excel training - 20140825.ppt
Basic excel training - 20140825.pptBasic excel training - 20140825.ppt
Basic excel training - 20140825.pptAnuHospitalsHumanRes
 
Design your own database
Design your own databaseDesign your own database
Design your own databaseFrank Katta
 
Project Planning – Developing the Project Plan and Determining Cri.docx
Project Planning – Developing the Project Plan and Determining Cri.docxProject Planning – Developing the Project Plan and Determining Cri.docx
Project Planning – Developing the Project Plan and Determining Cri.docxwkyra78
 
TTP-3 Project Schedule with Task Dependency Links (Team projec.docx
TTP-3 Project Schedule with Task Dependency Links (Team projec.docxTTP-3 Project Schedule with Task Dependency Links (Team projec.docx
TTP-3 Project Schedule with Task Dependency Links (Team projec.docxjuliennehar
 
How to Create a Workflow: 5 Tips to Get Started Quickly
How to Create a Workflow: 5 Tips to Get Started Quickly How to Create a Workflow: 5 Tips to Get Started Quickly
How to Create a Workflow: 5 Tips to Get Started Quickly QuekelsBaro
 
Microsoft access self joins
Microsoft access self joinsMicrosoft access self joins
Microsoft access self joinsDan D'Urso
 
His weeks discussion is worth 70 points. before completing th
His weeks discussion is worth 70 points. before completing thHis weeks discussion is worth 70 points. before completing th
His weeks discussion is worth 70 points. before completing tharnit1
 

Similar to Common Spreadsheet Errors Doyle (20)

45281 ch02 final
45281 ch02 final45281 ch02 final
45281 ch02 final
 
1 ACC ACF 2400 – Semester 2, 2017 Individual Assignm.docx
1  ACC ACF 2400 – Semester 2, 2017  Individual Assignm.docx1  ACC ACF 2400 – Semester 2, 2017  Individual Assignm.docx
1 ACC ACF 2400 – Semester 2, 2017 Individual Assignm.docx
 
final home work for database.DS_Store__MACOSXfinal home wo.docx
final home work for database.DS_Store__MACOSXfinal home wo.docxfinal home work for database.DS_Store__MACOSXfinal home wo.docx
final home work for database.DS_Store__MACOSXfinal home wo.docx
 
Improvement Engineering Examples
Improvement Engineering ExamplesImprovement Engineering Examples
Improvement Engineering Examples
 
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362
BusinessIDNameStreetAddressCityState1001Computer Accessories Etc362
 
VT University Live Session 4
VT University Live Session 4 VT University Live Session 4
VT University Live Session 4
 
Sample Excel 2013 Advanced Essentials
Sample Excel 2013 Advanced EssentialsSample Excel 2013 Advanced Essentials
Sample Excel 2013 Advanced Essentials
 
Excel intermediate
Excel intermediateExcel intermediate
Excel intermediate
 
How To Automate Part 1
How To Automate Part 1How To Automate Part 1
How To Automate Part 1
 
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?Supply Chain Forecasting & Planning: Move On from Microsoft Excel?
Supply Chain Forecasting & Planning: Move On from Microsoft Excel?
 
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...
Free Timesheet Templates in Excel, PDF, Word Formats (Weekly, Monthly, Bi-Wee...
 
Tao-of-Excel.pdf
Tao-of-Excel.pdfTao-of-Excel.pdf
Tao-of-Excel.pdf
 
Sql Lab 4 Essay
Sql Lab 4 EssaySql Lab 4 Essay
Sql Lab 4 Essay
 
Basic excel training - 20140825.ppt
Basic excel training - 20140825.pptBasic excel training - 20140825.ppt
Basic excel training - 20140825.ppt
 
Design your own database
Design your own databaseDesign your own database
Design your own database
 
Project Planning – Developing the Project Plan and Determining Cri.docx
Project Planning – Developing the Project Plan and Determining Cri.docxProject Planning – Developing the Project Plan and Determining Cri.docx
Project Planning – Developing the Project Plan and Determining Cri.docx
 
TTP-3 Project Schedule with Task Dependency Links (Team projec.docx
TTP-3 Project Schedule with Task Dependency Links (Team projec.docxTTP-3 Project Schedule with Task Dependency Links (Team projec.docx
TTP-3 Project Schedule with Task Dependency Links (Team projec.docx
 
How to Create a Workflow: 5 Tips to Get Started Quickly
How to Create a Workflow: 5 Tips to Get Started Quickly How to Create a Workflow: 5 Tips to Get Started Quickly
How to Create a Workflow: 5 Tips to Get Started Quickly
 
Microsoft access self joins
Microsoft access self joinsMicrosoft access self joins
Microsoft access self joins
 
His weeks discussion is worth 70 points. before completing th
His weeks discussion is worth 70 points. before completing thHis weeks discussion is worth 70 points. before completing th
His weeks discussion is worth 70 points. before completing th
 

Common Spreadsheet Errors Doyle

  • 1. Common Spreadsheet Errors Bill Doyle Bill_doyle@mba.berkeley.edu
  • 2. Spreadsheet Error #1 Too many spreadsheets. This sounds obvious but one major spreadsheet error is having a workbook that is too big and contains multiple links to other spreadsheets and/or worksheets Main problem: links can easily break and person viewing spreadsheet will not be understand how final answer is derived.
  • 3. Spreadsheet Error #2 Links to outside workbooks While a great idea in theory, I have seen many spreadsheet break down because of links to outside workbooks. Solution: Have links only to worksheets within own workbook
  • 4. Spreadsheet Error #3 Lack of Summary Page A summary page is of the utmost importance especially for large workbooks that contain many different variables. Executive staff does not want to view a 45 page workbook. Just 1-2 pages summarizing answer Summary must contain a list of assumptions that can easily be changed and then update all spreadsheets in workbook
  • 5. Spreadsheet Error #4 Naming of Workbook Again, this seems obvious but make sure to label each workbook that you work on as a new version i.e TradeCenterv.1, TradeCenter v.2, etc
  • 6. Spreadsheet Error #5 Formatting! A poorly formatted spreadsheet will not garner the appropriate level of attention from executive staff. ATTENTION TO DETAIL IS KEY!!