M365 Excel Basics Video 03 - NumberFormattingRoundDynamicSpill
M365 Excel Basics Video 03 - NumberFormattingRoundDynamicSpill
Formulas do not see the Number Formatting but use the actual valu
What DoesNumber
NumberFormatting
Formatting Do?you to change the appearance of numbers which is how th
allows
¨ including dates and times, without changing the actual number.
¨ The number format does not affect the cell value that Excel uses to perform calculatio
¨ Formulas do not see the Number Formatting but use the actual value on the cell to pe
¨ The actual value is displayed in the formula bar.
¨ Excel provides several types of number formats.
tting is applied
hat is stored in the cell
lied Number Formatting
values
number digits
umber digits
number digits
Example 3:
Number Formatting can save you time when you enter data
Currency Accounting
Balance Amount to Enter: Balance Amount Balance Amount
$37.50
$13.10
$2.87
$24.20
$148.00
$10.00
$5.00
General Number Formattin
General Number
General Number
General Number
Note:
Number Formatting can save us time a lot of time with data entry
Formulas do not see number formatting
Formulas see spaces as characters
General Number Formatting
General Number Formatting = means no Number Formatting is applied
General Number Formatting = what you see is actually what is stored in the cell
General Number Formatting will ERASE all previously applied Number Formatting
Example 3:
Number Formatting can save you time when you enter data
Currency Accounting
Balance Amount to Enter: Balance Amount Balance Amount
$37.50 $37.50 $ 37.50
$13.10 $13.10 $ 13.10
$2.87 $2.87 $ 2.87
$24.20 $24.20 $ 24.20
$148.00
$148.00 $ 148.00
$10.00
$10.00 $ 10.00
$5.00
$5.00 $ 5.00
General Number Formattin
General Number
General Number
General Number
When you have formula in the cell, it is difficult to know what number is underneath since on the
you can only see the formula. If the number is formatted you can increase the Decimals or remov
Formatting by applying General to see what number is actually in the cell.
When you have formula in the cell, it is difficult to know what number is underneath since on the
you can only see the formula. If the number is formatted you can increase the Decimals or remov
Formatting by applying General to see what number is actually in the cell.
mber, multiple)
We can use the ROUND function to remove unwanted decimals
How to ROUND by hand
1) Pick position you want to round to
2) look at digit to right:
5 or bigger ==>> add one to position you are rounding to and remove unwanted digits
4 or less ==>> remove unwanted digits
164.97
164.98
164.97
164.98
Jewerly Trio
Invoice Number 125
Item Price Units Total
A pair of earings 5.55 15
Bracelets 2.45 50
Necklaces 8.9 10
Key chains 2.1 12
Subtotal $0.00 Tax Rate
Tax 10.40%
Total $0.00
Thanks for your Order!
Income Tax:
Tax Deduction
Rounded to
Taxable Amount dollar Tax Rate
$2,345.98 0.155
$345.49
$235.80
$2,541.12
Income Tax:
Tax Deduction
Rounded to
Taxable Amount dollar Tax Rate
$2,345.98 0.155
$345.49
$235.80
$2,541.12
Spill Formula
If you are using Excel 365:
With Dynamic Spilled Array Formulas:
¨ You create one formula, and the formula will spill down the columns without you copying
¨ Formula is only in one cell, when you edit you will only edit in the cell that has the formula
¨ You do not have to decide about using Relative or Absolute cell reference
¨ ALWAYS remember to select all the cells needed in the formula
¨ In the column where you are spilling the answers be sure the cells are empty to avoid getting #
¨ You have fewer steps and use less effort.
**Payroll Taxes and Invoices often times have to round to the penny.
**Sometimes for INCOME TAXES you have to round to the dollar.
umns without you copying
he cell that has the formula
reference
Jewerly Trio
Invoice Number 125
Item Price Units Total
A pair of earings 5.55 15 $83.25 =ROUND(B34*C34,2)
Bracelets 2.45 50 $122.50
Necklaces 8.9 10 $89.00
Key chains 2.1 12 $25.20
Subtotal $319.95 Tax Rate
Tax $33.27 10.40%
Total $353.22
Thanks for your Order!
Income Tax:
Tax Deduction
Rounded to
Taxable Amount dollar Tax Rate
$2,345.98 $364.00 0.155
$345.49 $54.00
$235.80 $37.00
$2,541.12 $394.00 =ROUND(A64*$D$61,0)
Income Tax:
Tax Deduction
Rounded to
Taxable Amount dollar Tax Rate
$2,345.98 $364.00 0.155
$345.49 $54.00
$235.80 $37.00
$2,541.12 $394.00 {=ROUND(A71:A74*D71,0)}
Spill Formula
If you are using Excel 365:
With Dynamic Spilled Array Formulas:
¨ You create one formula, and the formula will spill down the columns without you copying
¨ Formula is only in one cell, when you edit you will only edit in the cell that has the formula
¨ You do not have to decide about using Relative or Absolute cell reference
¨ ALWAYS remember to select all the cells needed in the formula
¨ In the column where you are spilling the answers be sure the cells are empty to avoid getting #
¨ You have fewer steps and use less effort.
B48:B51*C48:C51,2)}
**Payroll Taxes and Invoices often times have to round to the penny.
**Sometimes for INCOME TAXES you have to round to the dollar.
umns without you copying
he cell that has the formula
reference
umber formatting and uses the exact value or the underlying value in the cell
Calculate the Tax Deduction for each employee and then add to get the Total Tax D
Add Accounting or Currency Number Formatting to the Gross Pay, Tax Deduction an