How to use the SUM formula in Excel

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Microsoft Excel is a complex beast at the best of times, but is an essential for every budding accountant or finance professional. In the first of a series of posts, AAT student Muhammad Anisur Rahman shows you how to use the SUM formula

I will walk you through with the widely used powerful SUM formula in this blog. For the exercise example in this blog I have used Microsoft Excel 2010 which is very similar to Excel 2007. This example is also applicable in previous versions of Microsoft Excel (i.e. Excel 2003 and 2007).

For the purpose of our example, create a table of data as per shown below.

  • Click on  cell A1 and type ‘Area Sales Data’
  • Press Ctrl + B to change the title to bold
  • Now enter the regional sales data as per table image below
Step 1 in using Excel's SUM formula

Step 1 in using Excel’s SUM formula

 

  • Make B4 the active cell and select the range B4:F7
  • Right click on your mouse to select Format Cells…
  • Step 2 in using Excel's SUM formula

    Step 2 in using Excel’s SUM formula