Ravindra BagaleCourses & study guides

8. Charts

8.8 Waterfall and Funnel

  • Waterfall (Excel 2016+) – how a starting value becomes an ending value through ups and downs.
  • Funnel (Excel 2019 / Microsoft 365) – stages that shrink (app visits → cart → checkout → delivered).

Waterfall example (fictional, Pune, ₹ lakh):

Step Value
Oct Sales 5.0
New customers +0.8
Diwali basket growth +0.9
Cancellations -0.4
Returns -0.2
Nov Sales 6.1

Steps in Excel

  1. Select the table › Insert › Charts › Insert Waterfall, Funnel, Stock, Surface or Radar Chart › Waterfall.
  2. Click the Nov Sales bar twice (select that one point) › right-click › Set as Total. Do the same for Oct Sales if needed.
  3. Funnel: stages and counts (Visits 50,000 → Cart 12,000 → Checkout 8,500 → Delivered 7,900) › Funnel.

Ravindra Bagale's Tip

In a waterfall, if the last bar isn't "Set as Total", it also floats up as just another change – many students' charts look wrong. Set the start and end bars as totals. Check that the waterfall's total adds up (5.0 + 0.8 + 0.9 − 0.4 − 0.2 = 6.1).

Practice task

Build a waterfall from last month's to this month's sales for Nashik with four drivers, and a funnel for the order journey.