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Thread: adding money amounts in excel

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adding money amounts in excel
Holden Caulfield 25.09.2006 14:08:01
I am using a formula to calculate 10% of an amount which is rounded off to 2
decimal places. The amount is $1,952.48 and it is rounded off to $195.25
which is what I want it to do. The problem I am encountering is when I click
on the cell the actual value of the number is 195.248. When I add 10 amounts
of the value 195.25 it is calculated to be 1952.48, which is not correct.
The correct sum should be 1952.50. when I copy and paste these values to a
different spread sheet, it is copying 195.248. How do I copy and paste the
195.25 amount? I hope this makes sense to someone because I'm not sure I am
being clear about my problem.
Re: adding money amounts in excel
"Kassie" <kassie_kasselman[ at ]hotmaildotcomFIXDOT> 25.09.2006 14:52:25
You say you are rounding, but clearly you are not rounding. What you did is
to format the cell to show 2 decimal places. =ROUND(<your formula here>),2)
will round to 2 decimal points
Kassie



"Holden Caulfield" <HoldenCaulfield[ at ]discussions.microsoft.com> wrote in
message news:FA4BF91A-B84A-4C9E-A445-F56227EBCEAA[ at ]microsoft.com...
[Quoted Text]
>I am using a formula to calculate 10% of an amount which is rounded off to
>2
> decimal places. The amount is $1,952.48 and it is rounded off to $195.25
> which is what I want it to do. The problem I am encountering is when I
> click
> on the cell the actual value of the number is 195.248. When I add 10
> amounts
> of the value 195.25 it is calculated to be 1952.48, which is not correct.
> The correct sum should be 1952.50. when I copy and paste these values to
> a
> different spread sheet, it is copying 195.248. How do I copy and paste
> the
> 195.25 amount? I hope this makes sense to someone because I'm not sure I
> am
> being clear about my problem.


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