Hello Mytour, my name is Thương, a student majoring in Accounting. Recently, I was given an assignment to process payroll data. It includes a task requiring me to round the salary of each individual in the spreadsheet to the nearest even number. For instance, for a monthly salary of 5,857,785, I want to round it up to 5,858,000 or round down to 4,145,000. Could Mytour assist me in handling the rounding currency function in Excel as described above? Sincerely appreciate your help.
Rounding Currency Function in Excel
Greetings Thương, and thank you for reaching out to Mytour. To address your inquiry, here's our response:
Currently, Microsoft Excel offers various formulas and functions to help you round numbers, such as the Rounddown function for rounding down to a smaller number or Roundup function for rounding up to a larger unit.
However, depending on different scenarios, users may require different results from their spreadsheets with suitable formulas. For your specific request, Mytour suggests using the round function in Excel, which is the most suitable function for rounding currency in Excel to fulfill your requirements of rounding up or down as you specified.
The functionality and usage of the Round function have been thoroughly explained and guided by Mytour. Here at Taimmienphi.vn, we'll provide examples to help you better understand this function.
In your scenario, let's say we're creating a salary table for all employees in the company, with an employee named Nguyễn Văn An having a salary of 5,857,785 at cell D8. To round the salary to the nearest thousand and put it in cell E8, we use the following formula:
=ROUND(D8,-3)
Where:
=ROUND is the function call formula
D8 signifies the cell containing the salary to be rounded.
-3 : rounds to the nearest thousandth place of the number.
So, with the ROUND function for rounding currency in Excel as above, we obtain the rounded salary of Nguyễn Văn An as 5,858,000. Similarly, like rounding Nguyễn Văn An's salary in cell E8, you can also round the salaries of other individuals based on the template provided.
Additionally, you can refer to Excel's function for extracting odd numbers to extract the odd numbers from the required number sequence. There are various functions for extracting odd numbers in Excel, and depending on which function you are accustomed to using, you can simply utilize that function.
Wishing you every success!