Learn essential Excel number formatting concepts and the critical use of the ROUND function in this 22-minute video tutorial. Master the distinction between number formatting as a visual element and actual calculations, understanding when formatting alone isn't sufficient for accurate results. Explore keyboard shortcuts for general number formatting, time-saving data entry techniques, and the differences between Currency and Accounting formats. Discover the proper application of percentage formatting and crucial scenarios where the ROUND function becomes mandatory for precise calculations. Apply these skills through practical examples in payroll processing, invoice creation, and income tax calculations, complete with downloadable practice files and comprehensive PDF notes for hands-on learning.
Overview
Syllabus
1. Introduction
2. What does Number Formatting do?
3. Formulas do not see Number Formatting
4. Keyboard to apply General Number Formatting Eraser: Ctrl + Shift + ~ / `
5. Number Formatting can save time entering data.
6. Currency and Accounting Number Formatting
7. Percentage Number Formatting
8. Rounding with the ROUND function
9. Rule for when you MUST use ROUND function.
10. Payroll Example
11. Invoice Example
12. Income Tax Example
13. Summary
14. Closing
Taught by
ExcelIsFun
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