Accounting with Excel Formulas

Excel formulas can give you a lot of power. You can customize virtually anything about the MacNail construction accounting software by using them--provided that you are careful!

NOTE-- In 2000, MacNail was replaced by Goldenseal construction accounting software. Goldenseal is an integrated program that includes general accounting, job costing, payroll and project billing, plus estimating and other features. It does not require the Excel spreadsheet program.

To create a formula:
1. Click in a cell.
2. Type an equal sign (=).
3. Click the mouse on cells to add them to the formula. (Each mouse-click enters a cell.)
4. Change any mathematical signs necessary.
NOTE: An addition sign will be inserted automatically unless you already typed in another arithmetical sign.
Page 208 Using Excel
5. To stop building the formula: type TAB, RETURN, ENTER or an arrow key.
Formulas can be created in other ways. You can also:
* Use Copy from the EDIT menu, then Paste the formula into a new cell. All cell addresses will be adjusted, relative to the copied cell.
* Use Fill Down or Fill Right to carry similar formulas through several cells.
* Cut and then Paste a cell. The original cell references will be carried along intact. (Note the difference from Copy).
* Type in cell addresses directly (for example, =A32+A33).  

Learning Excel's formula entering process takes some practice. It's a very powerful technique, however, and it's well worth the effort to learn.