Google: Hummingbird update

What Is Google Hummingbird?

“Hummingbird” is the name of the new search platform that Google is using as of September 2013, the name comes from being “precise and fast” and is designed to better focus on the meaning behind the words. Read ourGoogle Hummingbird FAQ here.
Google has a new search algorithm, the system it uses to sort through all the information it has when you search and come back with answers. It’s called “Hummingbird” and below, what we know about it so far.
What’s a “search algorithm?”
That’s a technical term for what you can think of as a recipe that Google uses to sort through the billions of web pages and other information it has, in order to return what it believes are the best answers.

Create a macro in Excel

Important notice for users of Office 2003    To continue receiving security updates for Office, make sure you're running Office 2003 Service Pack 3 (SP3). The support for Office 2003 ends April 8, 2014. If you’re running Office 2003 after support ends, to receive all important security updates for Office, you need to upgrade to a later version such as Office 365 or Office 2013. For more information, see Support is ending for Office 2003.
HideRecord a macro
  1. Set the security level to Medium or Low.

  1. On the Tools menu, click Options.
  2. Click the Security tab.
  3. Under Macro Security, click Macro Security.
  4. Click the Security Level tab, and then select the security level you want to use.

SAP FI Technical Interview Questions

1. Tell me about FI Organizational structure?
Ans:     Client
               |
      Operating Concern
               |
Controlling area1       Controlling Area 2
         |
Co. Code 1 Co. Code 2
    |
Bus area 1  Bus area2  Bus Area3  Bus Area 4
2. How many Normal and Special periods will be there in fiscal year, why do u use special periods?
Ans: 12 Normal posting period and 4 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year.
3.Where do you open and close periods?
Ans: PPV is used to open and close the periods based on a/c types considering GL Accounts. Tr. Code. OB52.
4.What do you enter in Company code Global settings?
Ans: 4 digit Alphanumeric key.
Name of the company
City
Country
Currency
Language
Address

SAP FICO Interview Questions

What are the frequently asked questions on SAP FICO Interview Questions?
1. What is chart of account? What is the relevance of defining chart of account?
A. It is the top level  financial structure, contains the GL Accounts we define the all the accounts and one chart of accounts assign to company code and one chart of accounts will assign to many company codes . It is list of Gl accounts and  it contains account no , account name, language, length, cost element, blocking information that controls the how an account functions and how a gl account created in company code . COA Key.
 
2.  What is account group? What does it control?
A. IT determines the which fields you need to configure on the GL master record. It is necessary to have at least 2, one for B/S and another one for P&L accounts. It controls the number ranges of GL. The Status fields of the master record of GL Belong to company code area.
 
3.  What is posting key? What is its role?
A. It controls the line item of GL entry debit and credit.
 
4.  What is business area?
A. Organizational unit of external accounting that corresponds to a specific business segment or area of responsibility in a company. Financial statements can be created for business areas for internal purposes. They are primarily used to facilitate external segment reporting across company codes covering the main operation of a company (product line, Branches). The Business area may be the branch of the company or product lines it deals with
 
5.  While defining chart of account, there is field "manual creaation of cost element" and "automatic creation of cost element", what is it?
A. Generally when ever we are creating cost elements we can create some of exependitures manually some automatically so we can create manually cost elements in defining chart of accounts.
 
6. After creating a customer/vendor, how can we check that under which account group we have configured this customer/vendor?
A. We can check through customer group and vendor group it was created by ours when we are creating  vendor and customer groups.
 

Six sigma Training video


Oracle GL video


Oracle financial module videos

Oracle financial videos

Six Sigma Analyze Phase

Six Sigma aims to define the causes of defects, measure those defects, and analyze them so that they can be reduced.We will consider five specific types of analysis that will help to promote the goals of the project. These are source, process, data, resource, and communication analysis. Now we will see them in detail:

1. Source Analysis:

This is also called root cause analysis and attempts to find defects that are derived from the sources of information or work generation. After finding the root cause of the problem, attempts are made to resolve the problem before we expect to eliminate defects from the product.

THE THREE STEPS TO ROOT CAUSE ANALYSIS

  • The open step: During this phase of root cause analysis, the project team brainstorms all the possible explanations for current sigma performance.
  • The narrow step: During this phase, the project team narrows the list of possible explanations for current sigma performance.
  • The close step: During this phase, the project team validates the narrowed list of explanations that explain sigma performance.

2. Process Analysis:

Analyze the numbers to find out how well or poorly the processes are working, compared to what's possible and what the competition is doing.
Process analysis includes creating a more detailed process map and analyzing the more detailed map for where the greatest inefficiencies exist.
The source analysis is often difficult to distinguish from process analysis.The process refers to the precise movement of materials, information, or requests from one place to another.

Six Sigma - Measure Phase

During Measure Phase the overall performance of the Core Business Process is measured.
There are three important part of Measure Phase.

(1) Data Collection Plan and Data Collection

A data collection plan is prepared to collect required data. This plan includes what type of data needs to be collected, what are the sources of data etc., The reason to collect data is to identify areas where current processes need to be improved.
You collect data from three primary sources: input, process, and output.
  • The input source is where the process is generated.
  • Process data refers to tests of efficiency: the time requirements, cost, value, defects or errors, and labor spent on the process.
  • Output is a measurement of efficiency.

(2) Data evaluation:

At this stage, collected data is evaluated and sigma is calculated. This gives approximate number of defects.
  • A Six Sigma defect is defined as anything outside of customer specifications.
  • A Six Sigma opportunity is the total quantity of chances for a defect.
First we calculate Defects Per Million Opportunities (DPMO) and based on that a Sigma is decided from a predefined table:
                   Number of defects 
DPMO =   ------------------------------------------- x 1,000,000
           Number of Units x Number of opportunities
As stated above, here Number for defects is total number of defects found, Number of Units is the number of units produced and number of opportunities means the number of ways to generate defects.
For example: The food ordering delivery project team examines 50 deliveries and finds out the following:
  • Delivery is not on time (13)
  • Ordered food is not according to the order (3)
  • Food is not fresh (0)
So now DPMO will be as follows:
         13 + 3
DPMO = ----------- x 1,000,000 = 106,666.7
         50 x 3
According to the Yield to Sigma Conversion Table given below 106,666.7 defects per million opportunities is equivalent to a sigma performance of between 2.7 and 2.8.
This is the method used for measuring results as we proceed through a project. This beginning point enables us to locate the cause and effect of those processes and to seek defect point so that the procedure can be improved.

Six Sigma - Define Phase

There are five high-level steps in the application of Six Sigma to improve the quality of output. The first step is Define. During define phase following four major tasks are undertaken.

(1) Project team is Formed:

Perform two activities:
  • Determine who needs to be on the team.
  • What roles each person will perform
Picking the right team members can be a difficult decision, especially if a project involves a large number of departments. In such projects, it could be wise to break them down into smaller pieces and work toward completion of a series of phased projects

(2) Document customers Core Business Processes:

Every project has customers. A customer is the recipient of the product or service of the process targeted for improvement. Every customer has one or multiple needs from his or her supplier. For each need provided for, there are requirements for the need. The requirements are the characteristics of the need that determine whether the customer is happy with the product or service provided. So document customer needs and related requirements.
A set of business processes is documented. These processes will be executed to meet customer's requirements and to resolve their Critical to Quality issues.

(3) Develop a project charter:

This is a document that names the project, summarizes the project by explaining the business case in a brief statement, and lists the project scope and goals. A project charter can have following components
  • Project Name
  • Business Case
  • Project Scope
  • Project Goals
  • Milestones
  • Special Requirements

Six Sigma Methodology

Six Sigma has following two key methodologies:
  • DMAIC: refers to a data-driven quality strategy for improving processes. This methodology is used to improve an existing business process.
  • DMADV: refers to a data-driven quality strategy for designing products & processes. This methodology is used to create new product designs or process designs in such a way that it results in a more predictable, mature and defect free performance.
There is one more methodology called DFSS - Design For Six Sigma. DFSS is a data-driven quality strategy for designing design or re-design a product or service from the ground up.
Sometimes a DMAIC project may turn into a DFSS project because the process in question requires complete redesign to bring about the desired degree of improvement.

DMAIC Methodology:

This methodology consists of following five steps.
Define --> Measure --> Analyze --> Improve -->Control
  • Define : Define the Problem or Project Goals that needs to be addressed.
  • Measure: Measure the problem and process from which it was produced.
  • Analyze: Analyze data & process to determine root causes of defects and opportunities.
  • Improve: Improve the process by finding solutions to fix, diminish, and prevent future problems.
  • Control: Implement, Control, and Sustain the improvements solutions to keep the process on the new course.
In the subsequent session we will give complete detail of DMAIC Methodology.

DMADV Methodology:

This methodology consists of following five steps.
Define --> Measure --> Analyze --> Design -->Verify
  • Define : Define the Problem or Project Goals that needs to be addressed.
  • Measure: Measure and determine customers needs and specifications.
  • Analyze: Analyze the process for meet the customer needs.
  • Design: Design a process that will meet customers needs.
  • Verify: Verify the design performance and ability to meet customer needs.

Getting Started Six Sigma within an Organization

Is Six Sigma Right for you ?

The starting point in gearing up for a Six Sigma is to verify that you are ready to embrace a change that says "There is a better way to run your Organization".
There are number of essential questions and facts you will have to consider in making a readiness assessment:
  • Is the strategic course clear for the company ?
  • Is the business healthy enough to meet the expectations of analysts and investors ?
  • Is there a strong theme or vision for the future of the organization that is well understood and consistently communicated ?
  • If the organization good at responding effectively and efficiently to new circumstances ?
  • Evaluating current overall business results.
  • Evaluating how effectively do we focus on and meet customers requirements ?
  • Evaluating how effectively are we operating ?
  • How effective are your current improvement and change management systems ?
  • How well are your cross functional processes managed ?
  • What other change efforts or activities might conflict with or support Six Sigma initiative ?
  • Six Sigma demands investments. If you can not make a solid case for future or current return then it may be better to stay away.
  • If you already have in place a strong, effective, performance and process improvement offer then why do you need Six Sigma ?
There could be many questions to be answered to have an extensive assessment before deciding if you should go for Six Sigma or not. This may need time and a thorough consultation with Six Sigma Experts to take a better decision.

The Cost of Six Sigma Implementation:

Some of the most important Six Sigma budget items can include the followings:
  • Direct Payroll for the individuals dedicated to the effort full time.
  • Indirect Payroll for the time devoted by executives, team members, process owners and others involved in activities like data gathering and measurement.
  • Training and Consultation fee to teach people Six Sigma Skills and getting advice on how to make effort successful.
  • Improvement Implementation Cost

Six Sigma Organization

Under a Six Sigma program, members of an organization are assigned specific roles to play, each with a title. This highly structured format is necessary in order to implement Six Sigma throughout the organization.
There are seven specific responsibilities or "role areas" in the Six Sigma program. These are:

Leadership:

A leadership team or council defines the goals and objectives in the Six Sigma process. Just as a corporate leader sets a tone and course to achieve an objective, the Six Sigma council sets out the goals to be met by the team. Here is the list of leadership Council Responsibilities,
  • Define the purpose the Six Sigma Program.
  • Explain how the result is going to benefit the customer.
  • Set a schedule for work and interim deadlines.
  • Develop a means for review and oversight.
  • Support team members and defend established positions.

Sponsor:

Six Sigma sponsor are high-level individuals who understand Six Sigma and are committed to its success. The individual in the sponsor role acts as a problem solver for the ongoing Six Sigma project. Six Sigma will be lead by a full-time, high-level champion, such as an Executive Vice President.
Sponsors are owners of processes and systems who help initiate and coordinate Six Sigma improvement activities in their areas of responsibilities.

The Genpact DNA of Lean Six Sigma

Lean Six Sigma is a methodology for quality improvement that has been around for many years in the industrial environment.
GE under Jack Welch, was a leading proponent of Lean Six Sigma globally. Genpact (at that time known as GE Capital International Services) was the first service provider in the world to apply this methodology at scale for business processes making this practice a tremendous success.
Lean Six Sigma permeates what we do and is highly visible in our operations, people, processes, and leadership direction.
We take a different approach to implementation of Lean Six Sigma, going beyond the scope of the contract to take a comprehensive upstream/downstream view, which extends our impact on client’s businesses.

Six Sigma Key Elements

There are three key elements of Six Sigma Process Improvement.
  • Customers
  • Processes
  • Employees

The Customer:

Customers define quality. They expect performance, reliability, competitive prices, on-time delivery, service, clear and correct transaction processing and more.
Today, Delighting a customer is a necessity. Because if we don't do it, someone else will!

The Processes:

Defining Processes and defining Metrics and Measures for Processes is the key element of Six Sigma.
Quality requires to look at a business from the customer's perspective, In other words, we must look at defined processes from the outside-in.
By understanding the transaction lifecycle from the customer's needs and processes, we can discover what they are seeing and feeling. This will give a chance to identify week area with in a process and then we can improve them.

Watch Calculation Results Immediately in Excel 2007

To watch calculations results immediately:
1. Select range of cells containing numeric data.
2. Select the Status Bar and right-click to open Status Bar shortcut menu.
Six functions are available:
Average, Count, Numerical Count, Minimum, Maximum and Sum
Results appear at the right of each formula in the shortcut menu.
Or
Check all or any other formulas you want to watch the result calculation for in the Status Bar.
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Worksheet Functions

The following articles are available for the 'Worksheet Functions' topic. Click the article's title (shown in bold) to see the associated article.
Calculating Fractions of Years
When working with dates and the relationship between dates, Excel provides a variety of worksheet functions that may prove helpful. One such function is YEARFRAC, which allows you to calculate what fraction of a year is represented by the number of days between two dates.
Converting Strings to Numbers
When working with data in a macro, there are two broad categories you can manipulate: numbers and text. Sometimes you need to convert information from one category (data type) to another. Here is how you convert text to numbers.
Converting to Hexadecimal
Excel allows you to easily convert values from decimal to other numbering systems, such as hexadecimal. This tip explains how to use the DEC2HEX worksheet function.
Converting to Octal
If you need to do some work in the base-8 numbering system (octal), you'll love two worksheet functions provided by Excel for this purpose. These functions allow you to convert values to octal and convert them back again.
Counting Displayed Cells
When you filter data, Excel displays only a portion of what is really in a worksheet. If you want to count the number of cells that are displayed after filtering, then you'll want to explore the techniques in this tip.
Counting Unique Values with Functions
Using Excel to maintain lists of information is not unusual. When working with the list you may need to determine how many unique values it contains. This tip shows you how.
Functions Within Functions
Functions are the heart of Excel's power. The program allows you to compound that power by handily putting one function inside another function.
Getting Help when Entering Functions
Need a quick memory jog when entering a worksheet function? Here's a shortcut that will be invaluable.
Iterating Circular References
Does your data require that you perform calculations using circular references? If so, then you'll want to be aware of the way in which Excel handles those references.
Numbers in Base 12
Different professions use numbers in entirely unique ways. You may need to come up with a number that represents the number of 12-unit groupings. This tip examines a way this can be done.
Random Numbers in a Range
Excel provides several different functions that you can use to generate random numbers. One of the most useful is the RANDBETWEEN function, which allows you to generate a random number between a lower and upper boundary that you specify.
Returning a Blank Value
Is it possible for a formula to return a blank value? It depends on how you define your terms. This tip examines all the ins and outs of returning "nothing" from a formula and how that affects some of the more common worksheet functions.
Selecting Random Names
Got a tone of names from which you need to select a few random names? There are several ways you can extract what you need; several different ideas are explained in this tip.
Understanding Functions
Excel uses Functions to assist in creating spreadsheets that perform a multitude of calculations.
Using the WEEKNUM Function
Need to know which week of the year a particular date falls within? Excel provides the WEEKNUM function so you can easily calculate this statistic.
Working with Roman Numerals
Understanding and using a function to replace an Arabic number with Roman numerals. And, as a bonus, how to change them back.
 

Essential keyboard shortcuts


Keyboard shortcuts are the best way to navigate cells or enter formulas more quickly. We’ve listed our favorites below.
Control-Down/Up Arrow = Moves to the top or bottom cell of the current column Control-Left/Right Arrow = Moves to the cell furthest left or right in the current row
Control-Shift-Down/Up Arrow = Selects all the cells above or below the current cell
Shift-F11 = Creates a new blank worksheet within your workbook
F2 = opens the cell for editing in the formula bar
Control-Home = Navigates to cell A1
Control-End = Navigates to the last cell that contains data
Alt-= = Autosums the cells above the current cell
Excel is arguably one of the best programs ever made, and it has remained the gold standard for nearly all businesses worldwide. But whether you’re a newbie or a power user, there's always something left to learn. Or do you think you've seen it all and done it all? Let us know what we've missed in the comments.

Real Excel power users know these 11 tricks


There are two kinds of Microsoft Excel users in the world: Those who make neat little tables, and those who amaze their colleagues with sophisticated charts, data analysis, and seemingly magical formula and macro tricks. You, obviously, are one of the latter—or are you? Check our list of 11 essential Excel skills to prove it—or discreetly pick up any you might have missed.

Vlookup

Vlookup is the power tool every Excel user should know. It helps you herd data that's scattered across different sheets and workbooks and bring those sheets into a central location to create reports and summaries.
vlookup formula
Vlookup helps you find information in large data tables such as inventory lists.
Say you work with products in a retail store. Each product typically has a unique inventory number. You can use that as your reference point for Vlookups. The Vlookup formula matches that ID to the corresponding ID in another sheet, so you can pull information like an item description, price, inventory levels, and other data points into your current workbook.
Summon the Vlookup formula in the formula menu and enter the cell that contains your reference number. Then enter the range of cells in the sheet or workbook from which you need to pull data, the column number for the data point you’re looking for, and either “True” (if you want the closest reference match) or “False” (if you require an exact match).

Creating charts

To create a chart, enter data into Excel with column headers, then select Insert > Chart > Chart Type. Excel 2013 even includes a Recommended Charts section with layouts based on the type of data you’re working with. Once the generic version of that chart is created, go to the Chart Tools menus to customize it. Don't be afraid to play around in here—there are a surprising number of options.
creating charts and recommended charts
Excel 2013 includes Recommended Charts with layouts based on the type of data you're working with.

IF formulas

IF and IFERROR are the two most useful IF formulas in Excel. The IF formula lets you use conditional formulas that calculate one way when a certain thing is true, and another way when false. For example, you can identify students who scored 80 points or higher by having the cell report “Pass” if the score in column C is above 80, and “Fail” if it’s 79 or below.
if formula
IF formulas let you pull in just the data you need.
IFERROR is a variant of the IF Formula. It lets you return a certain value (or a blank value) if the formula you’re trying to use returns an error. If you’re doing a Vlookup to another sheet or table, for example, the IFERROR formula can render the field blank if the reference is not found.

PivotTables

PivotTables are essentially summary tables that let you count, average, sum, and perform other calculations according to the reference points you enter. Excel 2013 added Recommended PivotTables, making it even easier to create a table that displays the data you need.
To create a PivotTable manually, ensure your data is titled appropriately, then go to Insert > PivotTable and select your data range. The top half of the right-hand-side bar that appears has all your available fields, and the bottom half is the area you use to generate the table.
pivot table 2
PivotTables are a summarization tool that let you perform calculations according to the reference points you enter.
For example, to count the number of passes and fails, put your Pass/Fail column into the Row Labels tab, then again into the Values section of your PivotTable. It will usually default to the correct summary type (count, in this case), but you can choose among many other functions in the Values dropdown box. You can also create subtables that summarize data by category—for example, Pass/Fail numbers by gender.

PivotChart

Part PivotTable, part traditional Excel chart, a PivotChart lets you quickly and easily look at complex data sets in an easy-to-digest way. PivotCharts have many of the same functions as traditional charts, with data series, categories, and the like, but they add interactive filters so you can browse through data subsets.
pivot chart
PivotCharts help you easily digest complex data.
Excel 2013 added Recommended PivotCharts, which can be found under the Recommended Charts icon in the Charts area of the Insert tab. You can preview a chart by hovering your mouse over that option. You can also manually create a PivotChart by selecting the PivotChart icon on the Insert tab..

Flash Fill

Easily the best new feature in Excel 2013, Flash Fill solves one of the most frustrating problems of Excel: pulling needed pieces of information from a concatenated cell. When you’re working in a column with names in “Last, First” format, for example, you historically had to either type everything out manually or create an often-complicated workaround.
flash fill 1
Flash Fill can automtically add data formatted the way you want without using formulas.
In Excel 2013, you can now just type the first name of the first person in a field immediately next to the one you’re working on, and click Home > Fill > Flash Fill, and Excel will automagically extract the first name from the remaining people in your table.

Quick Analysis

Excel 2013’s new Quick Analysis tool minimizes the time needed to create charts based on simple data sets. Once you have your data selected, an icon appears in the bottom right hand corner that, when clicked, brings up the Quick Analysis menu.
quick analysis
Quick Analysis speeds the process of working with simple data sets.
This menu provides tools like Formatting, Charts, Totals, Tables, and Sparklines. Hovering your mouse over each one generates a live preview.

Power View

Power View is an interactive data exploration and visualization tool that can pull and analyze large quantities of data from external data files. Go to Insert > Reports in Excel 2013.
power view
Power View creates interactive, presentation-ready reports.
Reports created with Power View are presentation-ready with reading and full-screen presentation modes. You can even export an interactive version into PowerPoint. Several tutorials on Microsoft’s site will help you become an expert in no time.

Conditional Formatting

For most tables, Excel’s extensive conditional formatting functionality lets you easily identify data points of interest. Find this feature on the Home tab in the taskbar. Select the range of cells you want to format, then click the Conditional Formatting dropdown. The features you’ll use most often are in the Highlight Cells Rules submenu.
conditional formatting 3
Conditional Formatting lets you easily highlight data points of interest.
For example, say you’re scoring tests for your students and want to highlight in red those whose scores dropped significantly. Using the Less Than conditional format, you can format cells that are less than -20 (a 20-point drop) with the Red Text or Light Red Fill with Dark Red Text function. You can create many different kinds of rules, with unlimited formats available via the custom format function within each item.

Transposing columns into rows (and vice versa)

Sometimes you’ll be working with data formatted in columns and you really need it to be in rows (or the other way around). Simply copy the row or column you’d like to transpose, right click on the destination cell and select Paste Special. A checkbox on the bottom of the resulting popup window is labeled Transpose. Check the box and click OK. Excel will do the rest.
transpose 2
The Paste Special feature transposes columns and rows.