β€’2 min readβ€’from Microsoft Excel | Help & Support with your Formula, Macro, and VBA problems | A Reddit Community

Get rid of rounding error

Our take

Are you struggling with rounding errors in your spreadsheet calculations? Specifically, when calculating the average Full-Time Equivalent (FTE) of staff, rounding can lead to discrepancies, causing your totals to fall short of expectations. In your case, the issue arises from the rounding in your formulas. Instead of applying rounding in column D, consider moving it to column E for a more accurate annual average. This simple adjustment can eliminate the frustration of dealing with values like 0.9999 and help ensure your calculations reflect true averages.

Hello, got a problem with a spreadsheet at work.

For an calculation I need to calculate the average Full time equivalent of staff.

Sheet is set up like this this: Column A: Person ID Column B: duration of period in days Column C: full-time equivalent Column D: weighted full-time equivalent for period Column E: average Full time equivalent over year

Column A to C are preset base data. Formulas are in column D and E Calculation is basically done, broken down the formula is:

In column D: =ROUND([duration days]/365Γ—[Full time eqivalent for period];4)

In column E it is: =SUMIF([Person ID]; [Person ID]; [Weighted for period])

But because if the rounding it doesn't add up to 1, it gies to 0,9999, even if the full year average is 1.

Any ideas, how to fix that? (Other than IF(0,9999; 1; do the math) πŸ˜‚)

Was thinking about something like " if all Full time equivalent for period (column C) for one person ID (column A) are 1,0000, then make the average over year 1,0000, if not make the calculation based on my current formula for column E" but I can't get the operators right for that.

Thanks in advance fir any helpπŸ˜‚

Edit: moving rounding to column E instead of D did the trick. Sometimes its the obvious stuff xD

Thanks to all

submitted by /u/AttemptSlow612
[link] [comments]

Read on the original site

Open the publisher's page for the full experience

View original article β†’

Related Articles

Tagged with

#Excel alternatives for data analysis#generative AI for data analysis#natural language processing for spreadsheets#real-time data collaboration#real-time collaboration#AI formula generation techniques#cloud-based spreadsheet applications#formula generator#rows.com#big data management in spreadsheets#modern spreadsheet innovations#machine learning in spreadsheet applications#enterprise-level spreadsheet solutions#digital transformation in spreadsheet software#conversational data analysis#Excel compatibility#collaborative spreadsheet tools#AI-driven spreadsheet solutions#financial modeling with spreadsheets#automation in spreadsheet workflows