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How to Highlight T12 Operating Statement Line Items That Are ±20% From the Row Average in Excel

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If you're analyzing a T12 operating statement and want to highlight expenses that deviate significantly from their average, Excel offers a straightforward solution. By using conditional formatting, you can create a formula that identifies line items exceeding or falling short of 20% of their respective averages. This visual emphasis not only aids in data analysis but also enhances your ability to make informed decisions.

I have a T12 operating statement and want to figure out how I can highlight expenses for each line item that are 20% above or below that line item's total average. How do I do this?

Basically, I want to be able to put a formula or something into excel so that it highlights cells in a row that are 20% above or below the total average for that line item/row.

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How to Highlight T12 Operating Statement Line Items That Are ±20% From the Row Average in Excel | Beyond Market Intelligence