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spreadsheet off by a penny or two

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  1. #1
    Registered User
    Join Date
    09-29-2009
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    Chicago, IL
    MS-Off Ver
    Excel 2003
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    1

    Unhappy spreadsheet off by a penny or two

    I have a spreadsheet that continues to have totals that are one or two pennies off. It seems that it is due to a cells formula '=SUM(C8*0.105)'. The multiplied decimal is 3 places, but I want the result to be in 2 decimal currency format. In different situations 'TRUNC(SUM(E8:E22), 2)' or 'ROUND(SUM(E8:E22), 2)' has done the trick. I have attached an example where the correct total for column E should be $1,290.06 and I always get the wrong total which is $1,290.04. Any assistance would be appreciated.
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