…If you need to work with calculations that…involve times and currency rates, as we see…here in columns A and B, the formulas are not always direct as you might expect.…If we simply say, six hours needs to be paid at the…rate of $10 an hour, we know it's going to be $60.…But if we simply multiply these two cells together in no…particular order here, we do not get the answer we're expecting.…That's not the answer, we know it's going to be $60 or it should be.…So, we have to keep in mind that times, even though…this is six hours, is really a quarter of a day.…
Keep in mind anytime we work with dates…and times we really are working with values.…And although that is displayed as 6:00, and we're thinking six hours.…A quick check on the Home tab, in the number group.…If you simply click the comma button, right here…you'll see what the real value is, it's 0.25.…I'm going to press Ctrl+Z to undo that.…By the way, another quick way to do this too, if you're looking at a time,…and you want to see what its value is…you can press Ctrl+Shift+~ that uses general format.…
Author
Released
4/10/2014- Describe the default settings Excel has in place for dates and times.
- Identify keystroke shortcuts to insert dates and times into a cell.
- Explain how to create a custom date format.
- Recognize the functions used to calculate time intervals that include restrictions.
- Recall the keystroke shortcut to apply a general format that reveals the real information in a cell.
- Define the purpose of the Text to Column tool.
Skill Level Intermediate
Duration
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Excel 2013: Shortcuts
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Excel 2013 Essential Training
with Dennis Taylor6h 32m Intermediate
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Introduction
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Welcome54s
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1. The Excel Date and Time Systems
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2. Creating Date and Time Entries
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Instant date and time entry1m 28s
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3. Date and Time Formatting
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Custom date formatting3m 8s
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Keystroke shortcuts2m 3s
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4. Date and Time Functions
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5. Calculating with Dates and Times
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6. Using Dates and Times with Excel Commands
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Conclusion
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Next steps24s
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Video: Using times with currency calculations