PC Review


Reply
Thread Tools Rate Thread

Create a credit (negative) column in Excel?

 
 
=?Utf-8?B?QXZvblN1ZQ==?=
Guest
Posts: n/a
 
      5th Jul 2007
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?
 
Reply With Quote
 
 
 
 
Gord Dibben
Guest
Posts: n/a
 
      5th Jul 2007
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 <(E-Mail Removed)>
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?


 
Reply With Quote
 
=?Utf-8?B?QXZvblN1ZQ==?=
Guest
Posts: n/a
 
      5th Jul 2007
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 <(E-Mail Removed)>
> 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?

>
>

 
Reply With Quote
 
Stan Brown
Guest
Posts: n/a
 
      6th Jul 2007
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/
 
Reply With Quote
 
Gord Dibben
Guest
Posts: n/a
 
      6th Jul 2007
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 <(E-Mail Removed)>
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.


 
Reply With Quote
 
Jen Moskaluk
Guest
Posts: n/a
 
      30th Mar 2011
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 <(E-Mail Removed)>
>> 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 <(E-Mail Removed)>
>>>>> wrote:




 
Reply With Quote
 
Gord Dibben
Guest
Posts: n/a
 
      30th Mar 2011
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.

Format>Cells>Number>Number........you choose from the selection.

2007 would be Format>Format Cells>Number>Number


Gord Dibben MS Excel MVP


On Wed, 30 Mar 2011 18:43:50 GMT, Jen Moskaluk <(E-Mail Removed)> 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 <(E-Mail Removed)>
>>> 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 <(E-Mail Removed)>
>>>>>> wrote:

>
>

 
Reply With Quote
 
 
 
Reply

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Negative values when credit note created CW Microsoft Access 5 20th Jul 2008 11:14 PM
Enter credit (negative number) in sales template =?Utf-8?B?Z2R1c3NlYXU=?= Microsoft Excel Misc 1 1st Jan 2007 11:44 PM
Re: Highlight the debit and Credit ( positive and negative) numbers within a column Sandip Shah Microsoft Excel Programming 2 13th Nov 2003 11:34 AM
Re: Highlight the debit and Credit ( positive and negative) numbers within a column rafeeq Microsoft Excel Programming 1 30th Aug 2003 03:13 PM
Re: Highlight the debit and Credit ( positive and negative) numbers within a column Bernie Deitrick Microsoft Excel Programming 5 29th Aug 2003 09:01 AM


Features
 

Advertising
 

Newsgroups
 


All times are GMT +1. The time now is 06:39 AM.