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The first and last rows represent starting and stopping balances, so they should be reflected as totals in a waterfall chart. To set a total with the right click, you’ll need first to isolate and highlight the column you want to set.
A waterfall chart shows a running total as values are added or subtracted. It's useful for understanding how an initial value (for example, net income) is affected by a series of positive and negative values. The columns are color coded so you can quickly tell positive from negative numbers.
If you want to create a visual that shows how positives and negatives affect totals, you can use a waterfall chart, also called a bridge or cascade chart. You can easily create and customize a waterfall chart in Microsoft Excel.
A waterfall chart, also known as a cascade chart, is a unique chart that illustrates how positive or negative values in a data series contribute to the total. It's an ideal way to visualize a starting value, the positive and negative changes made, and the resulting end value.
A waterfall chart is an advanced type of column chart. It contains a series of columns where the first column represents the starting position of your data, and the last column represents the closing position of your data 🌊. The columns in between the first and last float to picture how data moves from the first to the last column.
The first and the last columns in a typical waterfall chart represent total values. The intermediate columns appear to float, and show positive or negative change from one period to another, ending up in the final total value.
Step #2: Set the subtotal and total columns. Our next step is to separate the initial and final values from the “flying bricks.” Double-click and then right-click on the columns representing the data points “ Carryover Balance ” and “ Current Balance ” and choose “ Set as Total.
Check/Tick the “ Set as total ” checkbox in the “ Series Options” tab of the “ Format Data Point ” window. [Alternatively, choose the first column, right-click on it, and select the Set as Total option]. Next, click on the last data point column and repeat the above process.
In this article, you’ll learn how to create a waterfall chart step by step, transforming raw data into an insightful visual representation. Get ready to unlock a new level of data analysis and storytelling with Excel’s waterfall charts!
Excel has a built-in waterfall chart type, which makes this step a breeze. Adjust the colors of the columns to differentiate between increases, decreases, and total. Formatting the chart is where you can get creative.