In Microsoft Excel you can use a formula to compare two similar documents in different workbooks. For example, if a small business has two people compile financial statements in Excel using the ...

In Microsoft Excel, common size financial statements compare cells against the balance total to determine what percent those figures have increased or decreased.

If you can decide what to have for lunch, you already understand Excel's IF logic--you just need to understand the format.

A comparative statement is a document that compares a particular financial statement with prior period statements.