Teams: Live transcription in Teams meeting - 2021 New Feature!
Posted by Chris Menard on 06/30/2021
Teams Meetings now has live transcription! Live transcription is a written record of the spoken text that occurs during a meeting. It identifies each speaker, is captured automatically in near real-time, and is available during and after the meeting. Live transcription is different from the meeting feature Live captions. Captions are not recorded. You could use Live transcription if you joined a meeting late and you need to quickly catch up on what is happening.
Margin of Safety vs. Break-even point in Excel
Posted by Chris Menard on 06/25/2021
Break-even point (BEP) is the level of sales where the total cost - fixed cost and variable cost - equals total revenues. Break-even is where Net Income is zero. There is no profit and no loss.
The Margin of Safety (MoS) is a difference between actual/budgeted sales and the level of breakeven sales.
Teams chats: hide chats, delete messages and organize your chats
Posted by Chris Menard on 06/10/2021
Microsoft Teams chats are used daily. To help you manage your chats, I created this short video on hiding and unhiding chats, deleting messages, and pin and unpin chats. This will help you stay organized if you have a lot of chat history.
MS Forms - 3 new features: Format surveys, send to specific users, and receipt
Posted by Chris Menard on 05/06/2021
Microsoft Forms has three new features that were recently rolled out. I'll cover all three in under three minutes. You can now format your surveys or quizzes using bold, italics, or underline. You can also send a survey out to specific users or groups in your organization, and you can have users get a receipt of their responses.
The Rule of 72 explained using Excel and the NPER Function
Posted by Chris Menard on 04/29/2021
Need to know when your investment will double? In finance, the rule of 72 is an easy method for deterring when an investment will double. Take the number 72 and divide it by the interest rate, which gives you the number of years.