Percentage variance
Variances by amount only tell part of the story. If an account balance is large, a dollar amount variance may not mean that the balance change was meaningful.
A more complete analysis would narrow down the account balances by only looking at those that varied more than a specified dollar amount and more than a certain percentage.
Soon, we will be getting into formulas that can look at more than one condition at a time, but for now, we are using a simple formula to learn how they are applied.
This exercise is part of the course
Conditional Formatting in Google Sheets
Exercise instructions
- Highlight the values in
E8:E20
, add a conditional formatting rule that uses the "Custom formula is" option, and highlight any cells that are greater than 10% (0.10
) with the Default green background option.
Hands-on interactive exercise
Turn theory into action with one of our interactive exercises
