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 ...

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

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

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