To set a check register formula that calculates a running balance, you can use a formula based on simple addition and subtraction.
In the example shown, the formula in G6 is:
How this formula works
The value in G5 is hard-coded. The formula picks up the value in G5, then subtracts the value (if any) in E6 and adds the value (if any) in F6. When the credit or debit values are empty, they behave like zero and have no effect on the result.
When this formula is copied down column G, it will continue to calculate a running balance in each row.
Dealing with blank values
To display nothing in the balance column when the credit and debit columns are empty, you can use the IF function with AND and ISBLANK like this:
The IF function can perform a logical test and return one value for a TRUE result, and another for a FALSE result. For example, to "pass" scores above 70: =IF(A1>70,"Pass","Fail"). More than one condition can be tested by nesting IF functions....
The AND function is a logical function used to require more than one condition at the same time. AND returns either TRUE or FALSE. To test if a number in A1 is greater than zero and less than 10, use =AND(A1>0,A1...
Formulas are the key to getting things done in Excel. In this accelerated training, you'll learn how to use formulas to manipulate text, work with dates and times, lookup values with VLOOKUP and INDEX & MATCH, count and sum with criteria, dynamically rank values, and create dynamic ranges. You'll also learn how to troubleshoot, trace errors, and fix problems. Instant access. See details here.