I only have two types of rounding:
None (everything but money)
2 decimal places (for money)

When you select format, it asks you how many digits you want.  I presumed that 
set the rounding precision.  It does not.

From: Bill Prince 
Sent: Thursday, May 30, 2019 1:20 PM
To: [email protected] 
Subject: Re: [AFMUG] OT Excel oddness

You need to set the rounding precision. Read about it here.


bp
<part15sbs{at}gmail{dot}com>

On 5/30/2019 12:17 PM, Lewis Bergman wrote:

  Yeah. I run into this when I do tower leases that run out to a lot of years 
and have annual increases. Normally it flies through fine but every once in a 
while someone will check and mention that every so often it is off by the 
rounding (dispalyed rounding). I just agree to whatever pennies they want and 
go on but it is annoying.

  On Thu, May 30, 2019 at 11:58 AM <[email protected]> wrote:

    If you divide a number like $123.45 by 2 you get $61.73 if the format of 
the first cell is set to two decimal points of precision.
    Fine, obeys rounding rules.

    Now if you take the cell containing $61.73 and multiply it by 3  you get 
$185.18

    If you take your calculator out and do that same calculation you get $185.19

    Even if you set precision format to 2 decimal places, it continues to carry 
full floating point precision in the cell, irrespective of how it is displayed.

    There is an option under options>advanced for setting precision as 
displayed.  
    But that will shut off full floating point calculations.  
    Seems like they would have a third option for financial formats only.  
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  Lewis Bergman 
  325-439-0533 Cell

   


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