Benchmark Charts or Budget Charts are a great way to show your actual sales versus your benchmark in a graphical way, highlighting the strong v weak months.

I will show you how to do this using Using Excel 2010.

DOWNLOAD EXCEL WORKBOOK

STEP 1: Enter your data into three columns, the month, the actual sales and the benchmark sales

STEP 2: Click inside your data and go to the ribbon and choose Insert > 2-D Clustered Column

STEP 3: Select the Benchmark series chart and Right Click and choose the Change Series Chart Type

change chart type excel 2010

STEP 4: This will bring up the Change Chart Type dialogue box and you will need to select Line and Line with Markers

change chart type to line excel 2010

STEP 5: Click on the line chart and press CTRL+1.  This will open up the Format Data Series dialogue box

STEP 6: Select the Marker Options and choose Built In, select the horizontal line type and increase the Size to 10.  You can also format the color of the line.

marker options excel 2010

STEP 7: Select the Line Color and choose No Line and press OK!

line color excel 2010

Benchmark Chart Excel 2010

HELPFUL RESOURCE: 

Bill_Jelen_Podcast_Banner_EXCEL

If you like this Excel tip, please share itEmail this to someone

email

Pin on Pinterest

Share on Facebook

Tweet about this on Twitter

Share on LinkedIn

Share on Google+

Related Posts

Area Chart: Highlight Chart Sections When you are showing 12 month sales results using a Line Chart and want to highlight certain values within the chart to make them stand out (like Q2 & Q3 results), then an Area Chart will be needed.To do this there are a few steps to follow:1. Enter the Line Chart for...
100% Stacked Bar Chart A 100% Stacked Bar Chart is a great way to compare a percentage that each value contributes to its total.So if we have sales rep sales for three consecutive years, we can plot this on a graph and it will show us what each sales rep´s percentage breakdown is per year.DOWNL...
In-Cell Bar Charts with the REPT Function When you are creating an Excel Dashboard and are limited by space and do not want to insert a chart, you can easily create an in-cell bar chart using the RPT (repeat) function.The RPT function uses the vertical bar character | as the first argument: text and references the va...
Apply Custom Chart Styles Excel's default Charts are bland and ugly but you can certainly spice them up to your liking.Using the Shape Styles group in the ribbon menu you can customize your Excel chart the way you or your boss wants.There are several formatting options including Shape Styles, Shap...