Compact mode

PMT vs OFFSET

Known for Calculate Loan Payments

VS

Known for Dynamic Range Manipulation

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

Basic Classification Comparison

Function Category 📊

Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types

PMT

Financial

PMT belongs to the Financial category. Excel functions specifically designed for financial calculations and analysis Click to see all.

OFFSET

Lookup & Reference

OFFSET belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets Click to see all.
Operation Type 🔧

Fundamental type of operation or action that the Excel function performs on its inputs

PMT

Calculation

PMT performs Calculation operations. Excel functions for performing various calculations Click to see all.

OFFSET

Retrieval

OFFSET performs Retrieval operations. Functions specialized in fetching data from various sources Click to see all.

Usage Context Comparison

For whom 👥

Target user groups who would benefit most from using this Excel function

PMT

Financial Professionals

PMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.

Accountants

PMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.

OFFSET

Data Analysts

OFFSET is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.

Engineers

OFFSET is designed for Engineers. Excel functions commonly used in engineering calculations and analysis Click to see all.
Purpose 📝

Primary purposes and use cases of the Excel function

PMT

Financial Calculations

PMT is used for Financial Calculations. Excel functions designed for financial analysis and monetary calculations Click to see all.

OFFSET

Dynamic Ranges

OFFSET is used for Dynamic Ranges. Functions for handling flexible data ranges Click to see all.

Basic Information Comparison

Known For ⭐

Distinctive characteristic or primary strength of the Excel function

PMT

Calculate Loan Payments

PMT is known for Calculate Loan Payments.

OFFSET

Dynamic Range Manipulation

OFFSET is known for Dynamic Range Manipulation.

History Comparison

Creation Date 📅

Original release date of the Excel function

Both*

Excel 3.0

Functions that originated in Excel 3.0 version
Created By 👤

Organization or team responsible for developing the function

Both*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

Facts Comparison

Interesting Fact 💡

Unique or lesser-known information about the Excel function

PMT

Most used function in banking industry

OFFSET

Essential for dynamic charts
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

PMT

The function that reminds you of your debts

OFFSET

The parkour artist of Excel functions

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

PMT

Intermediate

PMT has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

OFFSET

Advanced

OFFSET has a Advanced complexity level. Complex Excel functions for sophisticated calculations and operations Click to see all.

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

PMT

Number

PMT accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.

OFFSET

Range

OFFSET accepts Range as input data. Excel functions that operate on cell ranges and data sets Click to see all.
Version Compatibility 💻

Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.

Both*

Excel 2019

Excel functions that work specifically in Excel 2019 version
Excel 2016

Excel functions that work specifically in Excel 2016 version
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 platforms

Both*

Windows

Excel functions optimized for Windows operating system
MacOS

Excel functions optimized for MacOS users

PMT

Web Excel

PMT runs on Web Excel Excel functions available in web-based versions Click to see all.
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

Both*

3
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

Both*

Number

Excel functions that perform calculations specifically with numerical inputs
Number

Excel functions that perform calculations specifically with numerical inputs
Number

Excel functions that perform calculations specifically with numerical inputs

OFFSET

Range

OFFSET accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.

Evaluation Comparison

Pros ✅

Key advantages and strengths of the Excel function

PMT

Accurate Calculations

Industry Standard

Excel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.

Reliable

OFFSET

Flexible Range Selection

Functions that enable selecting dynamic ranges and cell references flexibly Click to see all.

Dynamic References

Functions that can automatically adjust cell references based on changes Click to see all.
Cons ❌

Limitations and potential drawbacks of the Excel function

PMT

Negative Number Output

Complex Parameters

OFFSET

Volatile Calculation

Complex Syntax

Ratings Comparison

Ease of Use Score 📊

User-rated score for function's ease of use

PMT

8

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.

OFFSET

6

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.
Versatility Score 📈

Rating for function's adaptability to different scenarios

PMT

7.5

Rating for function's adaptability to different scenarios (25%) Functions with higher versatility scores can be used in more diverse scenarios and applications. Click to see all.

OFFSET

9

Rating for function's adaptability to different scenarios (25%) Functions with higher versatility scores can be used in more diverse scenarios and applications. Click to see all.
Performance Score ⚙

Rating for function's execution speed and efficiency

PMT

9.5

Rating for function's execution speed and efficiency (25%) Functions with higher performance scores execute faster and use system resources more efficiently. Click to see all.

OFFSET

6.5

Rating for function's execution speed and efficiency (25%) Functions with higher performance scores execute faster and use system resources more efficiently. Click to see all.
Reliability Score 🛠

Rating for function's consistency and error handling

PMT

9.5

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.

OFFSET

7.5

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.
Score ⭐

Overall rating combining all scoring attributes

PMT

8.6

The overall score for PMT is 8.6. Click to see all.

OFFSET

7.3

The overall score for OFFSET is 7.3. Click to see all.

Alternatives to PMT

Known for Two-Way Lookup Power

📊 is easier to use than OFFSET

📈 is more versatile than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Dynamic Cell References

📊 is easier to use than OFFSET

Add to comparison

Known for Advanced Data Retrieval

📊 is easier to use than OFFSET

📈 is more versatile than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Position Finding

📊 is easier to use than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Vertical Data Search

🔢 needs fewer arguments than OFFSET

📊 is easier to use than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Simple Vertical And Horizontal Lookups

📊 is easier to use than OFFSET

⚙ performs better than OFFSET

Add to comparison

Known for Database Sum Operations

📊 is easier to use than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Database Max Value

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison

Known for Database Variance

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

Add to comparison

Known for Horizontal Data Lookup

🔢 needs fewer arguments than OFFSET

📊 is easier to use than OFFSET

⚙ performs better than OFFSET

🛠 is more reliable than OFFSET

⭐ is rated higher than OFFSET

Add to comparison