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Excel Variance Charts: Actual to Previous Year or Budget Comparisons Video

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Discover how to create dynamic column charts in Excel that automatically update colors based on data changes. This tutorial is perfect for anyone looking to enhance their Excel skills, especially in visually representing sales data. Here's a quick overview of what you'll learn:

⬇️ Grab the workbook from here: https://pages.xelplus.com/variance-chart-file

Dynamic Color Coding: Learn how to set up Excel so that positive changes in data are shown in green and negative changes in red, without manually coloring each data point.

Synchronized Sales Data Charts: Find out how to display actual sales data alongside the change from the previous year, with both charts perfectly aligned for easy comparison.

Step-by-Step Guide: Follow clear, easy steps to set up your charts from scratch, including removing unnecessary elements for a clean, professional look.

πŸŽ“ Get access to the complete Excel Dashboard Course: https://www.xelplus.com/course/excel-dashboards/

Colorful Data Labels: Not just the bars, but also learn how to change the color of the data labels based on their position relative to the axis.

Conditional Formatting of Charts: Master the art of conditional formatting within charts to make your data more insightful and visually appealing.

Custom Number Formatting: Dive into custom number formatting to control the display and color of your numbers directly in Excel cells.

Practical Examples: Watch as we demonstrate these techniques using actual sales data, making it easier for you to apply these skills in real-world scenarios.

In this video I show you how you can use conditional formatting in Excel Column or Excel Bar charts.

I also show you how you can conditionally format the data labels in Excel graphs to show a different color if the values are positive to when the values are negative.

The technique in the video shows a variance column chart but it works in the same way for a bar chart.

This technique works for Excel 2010, Excel 2013 and Excel 2016. For Excel 2007 and below, you need to use a different technique. You will need to create two additional series, one for positive number and another for negative numbers and format each series accordingly - and also overlap these by 100%.

Part 2 - Better Variance charts https://youtu.be/73s3qej4vi0
Part 3 - Arrow Variance Chart https://youtu.be/-wYJdbb8-0Y

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