Skip to content
xlsoffice. All Rights Reserved
  • Home
  • Excel For Beginners
  • Excel Intermediate
  • Advanced Excel For Experts

Lookup and Reference Examples

  • INDEX function: Description, Usage, Syntax, Examples and Explanation
  • How to use Excel INDIRECT Function
  • How to use Excel ROW Function
  • Create hyperlink with VLOOKUP in Excel
  • How to create dynamic named range with OFFSET in Excel

Data Analysis Examples

  • How To Sort One Column or Multiple Columns in Excel
  • Excel Pie Chart
  • Calculate Conditional Percentile ‘IF’ in table in Excel
  • How to Create Column Chart in Excel
  • How To Load Analysis ToolPak in Excel

Data Validation Examples

  • Excel Data validation allow uppercase only
  • Excel Data validation specific characters only
  • Data validation must not exist in list
  • Excel Data validation require unique number
  • Excel Data validation date in specific year

How to calculate percent of goal in Excel

by

If you need to calculate percent of goal, you can do so with a simple formula that divides the actual by the goal amount, with the result formatted using the percentage number format.

This same formula can be used to calculate things like percent of target, percent of budget, percent of forecast, and so on.

Worked Example:   Find, Trace and Correct Errors in Excel Formulas using 'Formula Auditing'

Formula

=actual/goal

Explanation

In the example, we are calculating percent of Forecast, so we simply need to divide the actual result in column D with the Forecast in column C and format the result in column E as using the Percentage number format.

In cell E5, the formula is:

=D5/C5

How this formula works

When working manually, percentage results are calculated by dividing one number by another (for example, a part by a whole) to get a decimal value, then multiplying by 100 to express as a percentage.

Worked Example:   Floating Point Errors in Excel

Excel can display decimal or fractional values automatically as a percentage by applying the Percentage number format, so there is no need to multiply by 100.

Worked Example:   How To Create Budget in Excel

Negative goal

If you have a negative goal, the formula above won’t calculate correctly. In this case, you can calculate the variance as explained here, then add the variance to 100% to get the percent of goal:

=(actual-goal)/ABS(goal)+100%

Post navigation

Previous Post:

How to calculate percent of students absent in Excel

Next Post:

How to increase by percentage in Excel

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Learn Basic Excel

Ribbon
Workbook
Worksheets
Format Cells
Find & Select
Sort & Filter
Templates
Print
Share
Protect
Keyboard Shortcuts

Categories

  • Charts
  • Data Analysis
  • Data Validation
  • Excel Functions
    • Cube Functions
    • Database Functions
    • Date and Time Functions
    • Engineering Functions
    • Financial Functions
    • Information Functions
    • Logical Functions
    • Lookup and Reference Functions
    • Math and Trig Functions
    • Statistical Functions
    • Text Functions
    • Web Functions
  • Excel VBA
  • Excel Video Tutorials
  • Formatting
  • Grouping
  • Others
  • PHONETIC function: Description, Usage, Syntax, Examples and Explanation
  • How to check if cell contains all of many things in Excel
  • How to check if cell contains some words but not others in Excel
  • UNICHAR function: Description, Usage, Syntax, Examples and Explanation
  • Get first name from full name — Manipulating NAMES in Excel
  • Display Days in month in Excel
  • Convert Excel time to decimal seconds
  • MINUTE function: Description, Usage, Syntax, Examples and Explanation
  • Get days between dates ignoring years in Excel
  • How to get number of days, weeks, months or years between two dates in Excel
  • Tax rate calculation with fixed base in Excel
  • COUPDAYS function: Description, Usage, Syntax, Examples and Explanation
  • How to calculate compound interest in Excel
  • XIRR function: Description, Usage, Syntax, Examples and Explanation
  • PPMT function: Description, Usage, Syntax, Examples and Explanation
Acronyms, Abbreviations, Initialism & What They Stand For
© 2021 xlsoffice. All Rights Reserved | Teal Smiles