Bar Chart

Bar Charts are useful for comparing classes or groups of data. They are one of the most commonly used types of graph because they are simple to create and very easy to interpret. Several variations are included in the standard bar chart like stacked bar charts, grouped bars chart, and horizontal bar charts.

Best Situations to Use Bar chart:

To interpret small data sets.
User can perform observations over a period.
Examples: Quarterly sales of an organization, Percentage of change in sales or revenue.

Variations of this chart:

Use stacked bar charts: Where multiple categories can be clubbed together on top of each other, which makes addressing multiple questions easy.
Use bars side by side: Where comparison between multiple categories becomes easier instead of toggle between charts.
Add color for quick insight: Displaying the bars with colors will make users to pay quick attention to important tasks.
Plotting data on both axis: Data can be plotted both on positive and negative axis for identifying the trends

Default Chart Image:

Properties of the Bar Chart

Axis Setup: The user can Enable the Auto axis, the Base Zero value, Horizontal & Vertical marker line, zero marker line and can change the color of lines, increase and decrease the color Transparency by opacity.
Background: The user can change the background color of the chart, can get the border for the chart and can change the border color, can get the reflection of the chart by enabling the shadow option can also change the color and increase & decrease the transparency of the shadow.
Formatter: The user can change Y-axis values in units to %, T, Lacs, M, etc. Precision if we want the value in decimal format. Currency if we want the value in INR, Pound, USD. Position of the currency if it's in prefix and currency in Rupee then the sign will be seen in left-side if it's in suffix then it will be seen in right-side. Number Formatter if we want it in Indian or international.
General: The user can change the height, width, top, left, chart type, column type & Line form. In this case, we have changed the Chart type to Clustered and Base type to plain.
Legend: The user can enable the internal legend if we want to show and can change the font size, color, style.
Subtitle: The user can enable the subtitle if we have any second title and also, we can change the Name, Font color, size, style, etc.
Title: The user can change Title Name, Font color, size, style, etc.
Tooltip: The user can show the description of the series can use the tooltip by enabling it.
X-Axis: The user can change the axis name, Font color, Font size, Enable the axis line, and changed the axis color.
Y-Axis: The user can change the axis name, Font color, Font size, Enable the axis line, and changed the axis color.
Dataset Series properties: The user can change the color of each series by selecting any of the series and enable the Data Label which shows the Value of each Revenue & Expenses.