Wednesday, 3 May 2017

Ready to use Excel formula: Calculating a Running Total




Some organizations like to see a running total as a mechanism to analyze the changes
in a metric as a period of time progresses. Screen shot illustrates a running total of units
sold for January through December. The formula used in cell D3 is copied down for
each month:


=SUM($C$3:C3)




How it works

In this formula, you use the SUM function to add all the units from cell C3 to the
current row. The trick to this formula is the absolute reference ($C$3). Placing an
absolute reference in the reference for the first value of the year locks that value down.
Locking the value down ensures that as the formula is copied down, the SUM function
always captures and adds the units from the very first value to the value on the current
row.



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