Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 2
Default Create a credit (negative) column in Excel?

I am creating a spreadsheet with debit and credit columns. How do I format
the Credit column so all entries automatically post as a credit?
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 22,906
Default Create a credit (negative) column in Excel?

Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?

If you wanted negative values to show as positive, in a helper column enter

=ABS(cellref)


Gord Dibben MS Excel MVP


On Thu, 5 Jul 2007 13:42:03 -0700, AvonSue
wrote:

I am creating a spreadsheet with debit and credit columns. How do I format
the Credit column so all entries automatically post as a credit?


  #3   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 2
Default Create a credit (negative) column in Excel?

Hi Gordon,

Thanks for your speedy response! You have answered my question.
FYI - in accounting, Assets and Expenses are Debit Accounts and Liabilities
and Equity are Credit Accounts. This is necessary in order for your Trial
Balance to zero-out so you can do financial statements and income statements.

"Gord Dibben" wrote:

Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?

If you wanted negative values to show as positive, in a helper column enter

=ABS(cellref)


Gord Dibben MS Excel MVP


On Thu, 5 Jul 2007 13:42:03 -0700, AvonSue
wrote:

I am creating a spreadsheet with debit and credit columns. How do I format
the Credit column so all entries automatically post as a credit?



  #4   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 524
Default Create a credit (negative) column in Excel?

Thu, 05 Jul 2007 14:17:39 -0700 from <Gord Dibben
<gorddibbATshawDOTca:

Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?


Credits *and* debits are generally positive. In proper accounting
books (using the double-entry method, which it sounds like the OP
does), total credits must equal total debits.

The OP should have positive credits and positive debits, and strike a
balance by sum(debits) - sum(credits) for an asset or expense
account, sum(credits) - sum(debits) for a liability or equity or
revenue account.

--
Stan Brown, Oak Road Systems, Tompkins County, New York, USA
http://OakRoadSystems.com/
  #5   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 22,906
Default Create a credit (negative) column in Excel?

Shows how little I know about bookkeeping<g

My rudimentary style is a column of "ins" and a column of "outs" with the
difference being what I still have in my pocket or owe to my creditors.


Gord

On Thu, 5 Jul 2007 19:23:12 -0400, Stan Brown
wrote:

Thu, 05 Jul 2007 14:17:39 -0700 from <Gord Dibben
<gorddibbATshawDOTca:

Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?


Credits *and* debits are generally positive. In proper accounting
books (using the double-entry method, which it sounds like the OP
does), total credits must equal total debits.

The OP should have positive credits and positive debits, and strike a
balance by sum(debits) - sum(credits) for an asset or expense
account, sum(credits) - sum(debits) for a liability or equity or
revenue account.




  #6   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 1
Default Create a credit (negative) column in Excel?

I need to convert my spreadsheet credit column. The numbers now show as red and I need them to show as a negative number instead.

On Thursday, July 05, 2007 4:42 PM AvonSu wrote:


I am creating a spreadsheet with debit and credit columns. How do I format
the Credit column so all entries automatically post as a credit?



On Thursday, July 05, 2007 5:17 PM Gord Dibben wrote:


Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?

If you wanted negative values to show as positive, in a helper column enter

=ABS(cellref)


Gord Dibben MS Excel MVP


On Thu, 5 Jul 2007 13:42:03 -0700, AvonSue
wrote:



On Thursday, July 05, 2007 6:58 PM AvonSu wrote:


Hi Gordon,

Thanks for your speedy response! You have answered my question.
FYI - in accounting, Assets and Expenses are Debit Accounts and Liabilities
and Equity are Credit Accounts. This is necessary in order for your Trial
Balance to zero-out so you can do financial statements and income statements.

"Gord Dibben" wrote:



On Thursday, July 05, 2007 7:23 PM Stan Brown wrote:


Thu, 05 Jul 2007 14:17:39 -0700 from <Gord Dibben
<gorddibbATshawDOTca:

Credits *and* debits are generally positive. In proper accounting
books (using the double-entry method, which it sounds like the OP
does), total credits must equal total debits.

The OP should have positive credits and positive debits, and strike a
balance by sum(debits) - sum(credits) for an asset or expense
account, sum(credits) - sum(debits) for a liability or equity or
revenue account.

--
Stan Brown, Oak Road Systems, Tompkins County, New York, USA
http://OakRoadSystems.com/



On Thursday, July 05, 2007 8:24 PM Gord Dibben wrote:


Shows how little I know about bookkeeping<g

My rudimentary style is a column of "ins" and a column of "outs" with the
difference being what I still have in my pocket or owe to my creditors.


Gord

On Thu, 5 Jul 2007 19:23:12 -0400, Stan Brown
wrote:




  #7   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 621
Default Create a credit (negative) column in Excel?

Assuming the numbers are red because they are negative..........

You don't need to convert the numbers.

Simply re-format with minus sign rather than red.

FormatCellsNumberNumber........you choose from the selection.

2007 would be FormatFormat CellsNumberNumber


Gord Dibben MS Excel MVP


On Wed, 30 Mar 2011 18:43:50 GMT, Jen Moskaluk wrote:

I need to convert my spreadsheet credit column. The numbers now show as red and I need them to show as a negative number instead.

On Thursday, July 05, 2007 4:42 PM AvonSu wrote:


I am creating a spreadsheet with debit and credit columns. How do I format
the Credit column so all entries automatically post as a credit?



On Thursday, July 05, 2007 5:17 PM Gord Dibben wrote:


Credits are generally positive values.

Don't enter numbers with a negative value in the credit column.

Enter those in your debit column.

Or am I missing some detail?

If you wanted negative values to show as positive, in a helper column enter

=ABS(cellref)


Gord Dibben MS Excel MVP


On Thu, 5 Jul 2007 13:42:03 -0700, AvonSue
wrote:



On Thursday, July 05, 2007 6:58 PM AvonSu wrote:


Hi Gordon,

Thanks for your speedy response! You have answered my question.
FYI - in accounting, Assets and Expenses are Debit Accounts and Liabilities
and Equity are Credit Accounts. This is necessary in order for your Trial
Balance to zero-out so you can do financial statements and income statements.

"Gord Dibben" wrote:



On Thursday, July 05, 2007 7:23 PM Stan Brown wrote:


Thu, 05 Jul 2007 14:17:39 -0700 from <Gord Dibben
<gorddibbATshawDOTca:

Credits *and* debits are generally positive. In proper accounting
books (using the double-entry method, which it sounds like the OP
does), total credits must equal total debits.

The OP should have positive credits and positive debits, and strike a
balance by sum(debits) - sum(credits) for an asset or expense
account, sum(credits) - sum(debits) for a liability or equity or
revenue account.

--
Stan Brown, Oak Road Systems, Tompkins County, New York, USA
http://OakRoadSystems.com/



On Thursday, July 05, 2007 8:24 PM Gord Dibben wrote:


Shows how little I know about bookkeeping<g

My rudimentary style is a column of "ins" and a column of "outs" with the
difference being what I still have in my pocket or owe to my creditors.


Gord

On Thu, 5 Jul 2007 19:23:12 -0400, Stan Brown
wrote:



Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Enter credit (negative number) in sales template gdusseau Excel Discussion (Misc queries) 1 January 2nd 07 12:44 AM
how to enter negative amounts in the unit price column of excel Jim Excel Worksheet Functions 2 July 21st 06 06:07 PM
Convert a column of numbers from positive to negative in Excel JRoseen Excel Discussion (Misc queries) 4 July 7th 06 07:18 PM
create a formula in excel to prevnt negative neil@snowandjones Excel Worksheet Functions 5 October 14th 05 06:05 PM
How do I make all numbers in a column negative in excel 2000? jwoodruff77 Excel Discussion (Misc queries) 5 August 3rd 05 12:31 PM


All times are GMT +1. The time now is 12:40 AM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"