Comments on: Ten Practical Tips for Using Excel VBA Macros in Financial Models http://www.financialmodelingguide.com/analytical-tools/excel-vba-macro/ Free online resource for financial modeling advice, tips and tricks Wed, 04 May 2011 07:24:19 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Roy Cox http://www.financialmodelingguide.com/analytical-tools/excel-vba-macro/comment-page-1/#comment-6429 Roy Cox Sun, 01 Nov 2009 12:06:50 +0000 http://www.financialmodelingguide.com/?p=233#comment-6429 I see no reason why code procedures should be limited to 10 or 15 lines of code. To make sure that Excel interprets a number correctly use one of the following: CLng - converts to a Long CDbl - converts to Double CCur - converts to Currency CInt - converts to Integer Example: Dim MyValue As Double MyValue = CDbl(Sheet1.Cells(1, 1).Value) * 5 MsgBox MyValue So if A1 contains a number entered as Text the code will still return a correct value without the Type Mismatch error I see no reason why code procedures should be limited to 10 or 15 lines of code.

To make sure that Excel interprets a number correctly use one of the following:

CLng – converts to a Long
CDbl – converts to Double
CCur – converts to Currency
CInt – converts to Integer

Example:

Dim MyValue As Double

MyValue = CDbl(Sheet1.Cells(1, 1).Value) * 5

MsgBox MyValue

So if A1 contains a number entered as Text the code will still return a correct value without the Type Mismatch error

]]> By: Siva http://www.financialmodelingguide.com/analytical-tools/excel-vba-macro/comment-page-1/#comment-2384 Siva Mon, 27 Apr 2009 14:31:06 +0000 http://www.financialmodelingguide.com/?p=233#comment-2384 Nice collection of tips. The most important aspect about excel VBA macros is the security. Excel has four levels of security for VBA macros. By default it is set at 'Medium' level whereby when a worksheet with a macro is opened it asks for permission to allow the macros to run. There are some anti-virus programs which turn this security level to 'High' which doesn't allow the macros to be executed without lowering the security level. While submitting the worksheet as a part of deck to the prospective investors, it would be helpful to include 3-4 lines direction on these settings. I found some very useful information about financial models in www.financialmodel.net Nice collection of tips. The most important aspect about excel VBA macros is the security. Excel has four levels of security for VBA macros. By default it is set at ‘Medium’ level whereby when a worksheet with a macro is opened it asks for permission to allow the macros to run. There are some anti-virus programs which turn this security level to ‘High’ which doesn’t allow the macros to be executed without lowering the security level. While submitting the worksheet as a part of deck to the prospective investors, it would be helpful to include 3-4 lines direction on these settings. I found some very useful information about financial models in http://www.financialmodel.net

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