think-cell round – Always correct
When data is compiled for a report or PowerPoint presentation rounding summations in Excel is a frequent problem. It is often desirable but difficult to achieve that rounded totals match the total of the rounded addends. If you are not yet aware of this problem yet, please have a look at the following examples.More
|1.5 + 2.6 + 3.6 = 7.7|
When rounding all numbers to the nearest integer, you get the following. Totals that appear to be "miscalculated" are in bold.
|2 + 3 + 4 = 8|
For some, this is the most desirable outcome, because each number is as close to the unrounded number as possible. In the simple example the largest deviation is 0.5, from 1.5 to 2. You can achieve this result in Excel by using "Format Cell" on each value.
But some people object, because the arithmetic is not correct. They propose to add up the rounded values. Totals that deviate from the original value by 1 or more are in bold.
|2 + 3 + 4 = 9|
You can do this in Excel by using =ROUND(x,0) on the addends. The problem is that now in the simple example the largest deviation, from 7.7 to 9, is 1.3, much larger than before.
Is there some middle-ground between correct rounding and correct arithmetic? Yes, there is, because you can round as rendered by the following table. "Tuned" values are in bold.
|1 + 3 + 4 = 8|
The sum adds up and in the simple example the maximum deviation is now 0.5, from 1.5 to 1. Rounding in such a way is trivial in this case, but becomes very complicated if you sum over larger two- or even three-dimensional tables. This process is what think-cell round automates.
Using think-cell round, you can achieve consistently rounded totals with minimal "tuning": While most values are rounded to the nearest integer, a few values are rounded in the opposite direction, thus maintaining correct calculations without accumulating rounding error.
Since there are many possibilities to achieve correctly rounded totals by changing values, the software picks a solution that requires the minimum number of values changed and the minimum deviation from the precise values.
Browse through the following video gallery to see how think-cell round solves the problem of correct Excel data rounding in an automated and easy-to-use way.
Tight integration into Excel
This video shows how well think-cell round integrates into Excel by offering a set of new functions that are available from a dedicated ribbon group. With a single click on think-cell round's flexible rounding function you can do much better than standard Excel formatting and Excel rounding.
This video shows that think-cell round can also solve very complex rounding problems. If necessary, the rounding decisions can be controlled on a cell-by-cell basis. In addition, you can select any set of cells to which rounding should be applied, even with links to other Excel sheets.