How to create waterfall chart in Excel 2007, Here’s a step-by-step guide:

Watblog – How to create a waterfall chart in Excel 2007 – Creating a waterfall chart in Excel 2007 might require a bit more manual work compared to newer versions of Excel that have built-in waterfall chart functionalities. In Excel 2007, you’ll need to use a stacked bar chart and modify the data series to create the waterfall effect. Here’s a step-by-step guide:

Here’s a step on how to create a waterfall chart in Excel 2007

Step 1: Prepare Your Data:

1. Create a table with two columns: “Categories” and “Values.”
   

   Categories	Values
   Starting	100
   Category 1	-20
   Category 2	-30
   Category 3	50
   Ending	100

   Note: The first row (“Starting”) represents the initial value, the intermediate rows represent positive and negative changes, and the last row (“Ending”) represents the final value.

Step 2: Create a Stacked Bar Chart:

1. Select your data table.
2. Go to the “Insert” tab on the Excel ribbon.
3. Click on the “Bar Chart” dropdown and choose “Stacked Bar.”

Step 3: Modify the Chart:

1. Right-click on any of the data bars in the chart and choose “Format Data Series.”
2. In the “Format Data Series” pane, adjust the settings to make the bars transparent:
   • Set the “Fill” option to “No fill.”
   • Set the “Border Color” to “No line.”
3. Right-click on the X-axis (bottom axis) and select “Format Axis.”
4. In the “Format Axis” pane, set the “Axis Labels” option to “None.” This hides the x-axis labels.

Step 4: Add Data Labels:

1. Click on any of the data bars to select them.
2. Go to the “Layout” tab on the Excel ribbon.
3. Click on “Data Labels” and choose “Inside End.”

Step 5: Adjust Data Labels:

1. Right-click on any of the data labels and choose “Format Data Labels.”
2. In the “Format Data Labels” pane, customize the labels:
   • Select “Label Options” on the left.
   • Check “Value.”
   • Uncheck “Y Value.”

Step 6: Change Data Series Fill Color:

1. Click on one of the data series (not the transparent one) to select it.
2. Right-click and choose “Format Data Series.”
3. In the “Format Data Series” pane, go to the “Fill” section and choose a color for the positive or negative values.

Step 7: Adjust Axis Labels:

1. Right-click on the Y-axis (side axis) and choose “Format Axis.”
2. In the “Format Axis” pane, set the “Major tick mark type” to “None.” This hides the y-axis labels.

Step 8: Final Touches:

You might need to adjust spacing, alignment, and other visual elements to make the chart look like a proper waterfall chart.

Remember, creating a waterfall chart in Excel 2007 involves manual adjustments and formatting. If you frequently need to create waterfall charts, consider upgrading to a newer version of Excel that offers built-in waterfall chart functionality for a smoother and more automated experience.