Creating a pivot table not only makes your work swift but also very accurate. In other words, nothing can go wrong when using the pivot tables. You are going to learn the pivot table’s importance and its formula. More importantly, you’re going to learn how to create a pivot table in Excel. Let’s begin by explaining what a Pivot table is.<\/p>\n\n\n\n
A pivot table in Excel is a data summary packaged in a graphic that allows you to report on and examine patterns based on your data. Pivot tables are very handy if you have a long row or column of information that you need to track the sums of and compare to one another.<\/p>\n\n\n\n
To put it another way, pivot tables make sense of the seemingly infinite mess of numbers on your screen. And, more particularly, it allows you to group your data in various ways so that you can readily draw useful conclusions.<\/p>\n\n\n\n
The “pivot” part of a pivot table refers to the ability to rotate (or pivot) the data in the table to examine it from a different angle. Just so you know, when you pivot, you are not adding to, subtracting from, or otherwise affecting your data. Instead, you are merely restructuring the data so that useful information can be revealed.<\/p>\n\n\n\n
The goal of pivot tables is to provide user-friendly methods for quickly summarizing vast volumes of data. They can be used to more thoroughly interpret, display, and analyze numerical data.<\/p>\n\n\n\n
You can use this information to help detect and answer unexpected queries about the data.<\/p>\n\n\n\n
Here are some circumstances in which a pivot table could be useful:<\/p>\n\n\n\n
Assume you have a spreadsheet with monthly sales data for three different products: product A, product B, and product C. You want to figure out which of the three is bringing in the most money.<\/p>\n\n\n\n
One method is to go through the worksheet and manually add the matching sales figure to a running total whenever product A appears. Then repeat the process for products B and C until you get totals for all of them.<\/p>\n\n\n\n
Consider your monthly sales worksheet to have hundreds upon hundreds of rows. Manually sorting through each necessary piece of data could take an eternity. In less than a minute, pivot tables can automatically combine all of the sales numbers for the products and calculate their respective sums.<\/p>\n\n\n\n
When you create a pivot table in Excel, it automatically displays the totals of each row or column. However, that is not the only figure that may be generated automatically. Assume you entered quarterly sales figures for three different items into an Excel sheet and converted the data into a pivot table. The pivot table goes ahead and calculates three totals at the bottom of each column based on the quarterly sales of each product.<\/p>\n\n\n\n