This guide includes 3 how-to topics, all available without membership; choose a topic from the How-to Index and follow the steps to enter and review XIRR correctly.
How-to Index
| No. | Topic | Membership Requirement |
|---|---|---|
| 1 | 1. Enter XIRR through the Insert Function dialog | Free |
| 2 | 2. Type the formula directly in a cell | Free |
| 3 | 3. Review syntax and parameter details | Free |
How-to Guide
1. Enter XIRR through the Insert Function dialog
Entry path: Formula tab → Insert Function
- Select the cell where you want to enter the formula.
- Click the fx button in the formula bar, or click Insert Function on the Formula tab.
- Search for XIRR in the Insert Function dialog.
- Select the function and click OK.
- Enter the
values,dates, and optionalguessarguments in the Function Arguments dialog. - Click OK to finish entering the function.
Success Criteria
- The selected cell now contains an XIRR formula.
- After the dialog closes, the result appears in the target cell.
- You can continue editing the arguments or copy the formula to other cells.
Tips While Using
- The
valuesanddatesranges should have the same length.- The cash flow data should include both positive and negative values.
- Use valid date values instead of plain text dates.
2. Type the formula directly in a cell
Entry path: Cell → Formula bar
- Select the cell where you want to enter the formula.
- Type
=XIRR(...)directly in the cell or in the formula bar. - Press Enter to confirm.
- If you need to revise the arguments, double-click the cell or edit the formula in the formula bar.
Success Criteria
- The cell shows a calculated result, and the formula bar keeps the full XIRR formula.
- After you press Enter, the formula is recognized as a formula instead of plain text.
- You can fill or copy the formula to other ranges.
Tips While Using
- Use commas as argument separators.
- If the result shows an error, check the amount range, date range, and argument order first.
- When copying the formula, confirm whether relative or absolute references are needed.
3. Review syntax and parameter details
Entry path: Formula tab → Insert Function
- Click Insert Function on the Formula tab.
- Search for XIRR.
- Select the function and review the syntax
XIRR(values, dates, [guess]). - Check the meaning and order of each argument.
- Return to the worksheet when you are ready to enter or revise the formula.
Success Criteria
- You can see the XIRR function name, syntax structure, and argument order.
- You can distinguish required arguments from the optional argument.
- You can return to the worksheet and continue entering or correcting the formula.
Tips While Using
- Reviewing syntax is useful when you use the function for the first time or troubleshoot argument issues.
- If an existing result looks wrong, check whether the argument ranges match correctly.