Thread: need sumproduct
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driller2 driller2 is offline
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Posts: 27
Cool

I read the link you gave, yet I cant see its relation to my request for a perfect single formula.

(e.g) when you see some invoice or pay receipts, the product from two factors are rounded off to 2 decimals. Such rounded product are summed below for the total. Such total is considered correct and is not disputed by visual check of accountants.

Now, the single formula I need is to do the work of totalling the rounded product, [ not to round the sum of the virgin products ]

I hope I make it clear that this question is not to lead any dispute on round formula may-be errors on few decimals of factors.

thanks for the reply

happy holidays hohoho
driller romelsb 4pinoy:) on banter

Quote:
Originally Posted by T. Valko
[$ 1.233 ] [ 33.22 ]
[$ 0.245 ] [ 11.21 ]
[$ 0.122 ] [ -3.215 ]


Format column C as NUMBER set to 15 decimal places:

=A1*B1
=A2*B2
=A3*B3

=SUM(C1:C3)

Result = 43.314480000000000

=ROUND(SUMPRODUCT(A1:A3,B1:B3),2)

Result = 43.31

Biff

"T. Valko" wrote in message
...
See this:

http://cpearson.com/excel/rounding.htm

Biff

"driller2" wrote in message
...

Still unknown, thanks for your suggestion T.Valko,

From below new sample (e.g) i had tried the three(3) suggested
formula.

[col A] [col B] [rounded product A*B]

[$ 1.233 ] [ 33.22 ] [ $ 40.96 ]
[$ 0.245 ] [ 11.21 ] [ $ 2.75 ]
[$ 0.122 ] [ -3.215 ] [ $ -0.39 ]

from the above sample the sum of the product (2 decimals) = $43.32 (in
thousands...)

=ROUND(SUMPRODUCT(A1:A3,B1:B3),2) result is [$43.31 < $43.32]

=SUMPRODUCT(ROUND(A1:A3,2),ROUND(B1:B3,2)) result is [$43.2767 <
$43.32]

=ROUND(SUMPRODUCT(ROUND(A1:A3,2),ROUND(B1:B3,2)),2 ) result is [$43.28
< $43.32]
___

since last week, this is still a mystery for me where to find a single
formula to do this job, perfectly.
I do tried Roundup and Roundown, even, but the perfect result varies as
the data changes
___

Hope anyone else can give a single sumproduct formula or other evolved
formula.

happy holidays hohoho...:)
romelsb 4pinoy :) on banter

T. Valko Wrote:
It depends on what you actually want. Try these based on your example
and
note the difference:

=ROUND(SUMPRODUCT(A1:A3,B1:B3),2)

=SUMPRODUCT(ROUND(A1:A3,2),ROUND(B1:B3,2))

=ROUND(SUMPRODUCT(ROUND(A1:A3,2),ROUND(B1:B3,2)),2 )

The first formula returns the result you posted.

Biff





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driller2