How To Import & Clean Messy Accounting Data in Excel | Use Power Query to Import SAP Data

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This video is a goldmine for accountants who frequently work with data from systems like SAP and Oracle. It introduces a powerful Excel tool, Power Query, which acts as a 'magic box' to clean and organize data with minimal effort. The video showcases practical examples, particularly focusing on importing and transforming SAP data for financial reporting.

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✨ Key Topics Covered:
▪️ Importing SAP Data into Excel: Demonstrates how to import an SAP income statement extract with European formatting into Excel and prepare it for analysis.
▪️ Power Query Transformations: Learn to merge columns, filter out unnecessary data, and correct number formatting issues using Power Query.
▪️ Creating a Clean and Analyzable Report: Step-by-step guide on transforming raw data into a report comparing current year-to-date information with the previous year.
▪️ Automating Repetitive Tasks: Discover how Power Query can automate steps for future data updates, saving time and effort.
▪️ Additional Example - Creating Pivot Tables from Messy Data: Learn how to use Power Query to prepare data for pivot table analysis, including cleaning and organizing the data.

00:00 Data Cleaning with Excel for Accountants
00:40 How to Import SAP Data in Excel with Power Query
15:43 How to Create a Pivot Table from Messy Excel Data
20:02 Wrap Up

Struggling with messy Excel data? 🤔 This video is a lifesaver for anyone, especially accountants, who regularly import and clean data from systems like SAP and Oracle. We dive into a powerful Excel tool, Power Query, to make your data management a breeze!

👩‍💼 Perfect for:
Accountants and finance professionals.
Anyone dealing with frequent data import and cleanup.
Excel users looking to save time and increase efficiency.

📌 Key Highlights:
Transforming European data formats to US settings.
Creating a summary report with Power Query.
Using 'XLOOKUP' and 'VLOOKUP' for precise data retrieval.
Cleaning and preparing data for pivot table analysis.

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#Excel #accounting #sap