monthly expense tracker with pie chart excel

MONTHLY EXPENSE TRACKER WITH PIE CHART EXCEL HOW TO
MONTHLY EXPENSE TRACKER WITH PIE CHART EXCEL SERIES

#8 Comparing subcategories within a main category In that case, the order in which these departments are listed on the chart doesn’t affect the interpretation of the data.Įach department’s performance is displayed independently of the others, allowing for easy comparison without implying any sequential relationship.

MONTHLY EXPENSE TRACKER WITH PIE CHART EXCEL SERIES

Avoid using it for just one series or more than four, as it can get cluttered.įollowing is an example of a clustered column chart with just one data series:

Evaluating performance across different groups.Ī clustered column chart is ideal for comparing 2 to 4 data series.

Visualizing part-to-whole relationships.

Comparing subcategories within a main category.The order of categories is not important. When to use a Clustered column chartįollowing are the various scenarios where a clustered column chart can be particularly helpful: This type of analysis is particularly valuable in business for assessing seasonal performance, planning future strategies, and understanding historical sales patterns. You can quickly see trends, such as which quarters showed growth or decline over the years. This visualization makes it easy to compare the performance of each quarter year over year. It includes data for four quarters (Q1, Q2, Q3, and Q4) across three years (2020, 2021, and 2022).Įach line represents the sales figures for a specific quarter across the different years, with distinct markers and colours for clarity. The line chart above compares quarterly sales figures year over year. Line charts are essential for time series analysis, where you track the same variable over regular intervals, like daily temperature readings or monthly sales figures. This is a fundamental concept in interpreting line charts, particularly in fields like economics, science, and engineering, where understanding the rate of change is crucial. This visualization effectively demonstrates how the steepness of a line in a chart can depict the rate at which values change: steeper lines suggest rapid changes.Īt the same time, more gradual slopes indicate slower changes. This line has a more gradual slope, indicating a slower rate of change over the same time period. In contrast, the orange line represents a slower change, modelled by a square root function (value = √time). This steep incline indicates a rapid rate of change. The green line represents a rapid change, shown by a quadratic function (value = time²), which increases steeply as time progresses. The line chart above illustrates the rate of change using two different types of growth. What are the most popular Excel charts and graphs types?įollowing are the most popular Excel charts and graphs: Tell meaningful and engaging stories to decision-makers.

Detect outliers and other anomalies in data.

Visualize data (make sense of data esp., big data).

The type of Excel chart you select for your analysis and reporting depends upon the type of data you want to analyze and report and what you want to do with the data:

Frequently asked questions about types of charts in Excel.

Articles on data analysis and reporting.

MONTHLY EXPENSE TRACKER WITH PIE CHART EXCEL HOW TO

How to build data visualizations in Excel?.How to change the color or style of a chart?.How to add a trendline to a chart in excel?.How to add, change, or remove a chart element in Excel?.How to add a chart to an Excel spreadsheet?.What are the most common data types that can be visualized?.What are the benefits of data visualization.Which charts to avoid for reporting purposes?.

What are the most popular Excel charts and graphs types?.

Monthly expense tracker with pie chart excel