Alteryx for Beginners - Running Total Tool

The video tutorial explains the concept of running total, similar to cumulative total, often used in finance and banking. It demonstrates how to set up a simple dataset and calculate running totals using LPX software. The tutorial covers initial calculations, verification of results, and advanced calculations for sales and categories. It also explores additional grouping options and concludes with a summary of the process.

What is the difference between a running total and a cumulative total?

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How can you calculate a running total for a specific category in a dataset?

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What steps are involved in selecting multiple columns for running total calculations?

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Explain how running totals can be useful in finance or banking departments.

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What are the potential results of grouping by subcategories when calculating running totals?

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