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Check register balance

Excel formula: Check register balance
Generic formula 
=balance-debit+credit
Explanation 

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:

=G5-E6+F6

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:

=IF(AND(ISBLANK(E6),ISBLANK(F6)),"",G5-E6+F6)

This formula will return an empty string ("") when both credit and debit cells are empty, and return the running balance if either number exists.

Note: this only handles bank credit and debit values at the end of the table, not rows in between.

Author 
Dave Bruns

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