Compact mode
PMT vs DMAX vs OFFSET
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesPMTDMAXOFFSET- Lookup & ReferenceOFFSET belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets
Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMT- CalculationPMT performs Calculation operations. Excel functions for performing various calculations
DMAX- CalculationDMAX performs Calculation operations. Excel functions for performing various calculations
OFFSET- RetrievalOFFSET performs Retrieval operations. Functions specialized in fetching data from various sources
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
DMAXOFFSET
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
DMAX- Database Max ValueDMAX is known for Database Max Value.
OFFSET- Dynamic Range ManipulationOFFSET is known for Dynamic Range Manipulation.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
DMAX- Originally part of Lotus 1-2-3 compatibility
OFFSET- Essential for dynamic charts
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
DMAX- The maximalist's pride and joy
OFFSET- The parkour artist of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTDMAXOFFSET
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMT- NumberPMT accepts Number as input data. Excel functions specifically designed for numerical calculations
DMAX- NumberDMAX accepts Number as input data. Excel functions specifically designed for numerical calculations
- ArrayDMAX accepts Array as input data. Excel functions designed to work with arrays and ranges of data Click to see all.
- RangeDMAX accepts Range as input data. Excel functions that operate on cell ranges and data sets
OFFSET- RangeOFFSET accepts Range as input data. Excel functions that operate on cell ranges and data sets
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
PMT- Excel 2016PMT is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
- Excel 2013PMT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
DMAX- Excel 97DMAX is compatible with Excel 97 Excel functions that work in the classic Excel 97 version
OFFSET- Excel 2016OFFSET is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
- Excel 2013OFFSET is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMT- Web ExcelPMT runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyFor all*Required Arguments Type 📊
The data types accepted as valid input arguments for the functionPMT- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
DMAX- RangeDMAX accepts Range as input types Excel functions that operate on cell ranges for calculations
- TextDMAX accepts Text as input types Excel functions specialized in text string manipulation and processing
- CriteriaDMAX accepts Criteria as input types Excel functions that use specific criteria for filtering and conditional operations
OFFSET- RangeOFFSET accepts Range as input types Excel functions that operate on cell ranges for calculations
- NumberOFFSET accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
DMAX- Efficient With Large Datasets
- Reliable Results
- Excellent For Database Analysis
- Flexible Criteria
OFFSET- Flexible Range SelectionFunctions that enable selecting dynamic ranges and cell references flexibly
- Dynamic ReferencesFunctions that can automatically adjust cell references based on changes
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
DMAX- Complex Syntax
- Database Structure Dependent
- Limited To Database RangesFunctions that only work with database-style ranges, limiting data structure options Click to see all.
OFFSET- Volatile Calculation
- Complex Syntax
Ratings Comparison
Alternatives to PMT
SUMIFS
Known for Multiple Condition Sum
📈
is more versatile than PMT
ROUND
Known for Round Numbers
📊
is easier to use than PMT
📈
is more versatile than PMT
⭐
is rated higher than PMT
MOD
Known for Division Remainder Calculations
📊
is easier to use than PMT
AVERAGE
Known for Basic Statistical Calculation
📊
is easier to use than PMT
⭐
is rated higher than PMT
MIN
Known for Finding Lowest Value
📊
is easier to use than PMT
⭐
is rated higher than PMT
FACT
Known for Calculate Factorials
📊
is easier to use than PMT
POWER
Known for Exponential Calculations
📊
is easier to use than PMT
⭐
is rated higher than PMT
PRODUCT
Known for Multiplying Numbers Together
📊
is easier to use than PMT
RIGHT
Known for Extract Rightmost Characters
📊
is easier to use than PMT
⭐
is rated higher than PMT
EOMONTH
Known for End Of Month Calculations
📊
is easier to use than PMT
🛠
is more reliable than PMT
⭐
is rated higher than PMT