I have two different currency amounts accruing that should equal to a certain amount. In Column A I have inputted the amount that the 2 amounts should equal to. In Column B and Column C I have entered the 2 amounts that should add up to Column A. In Column D, I inputted a formula to sum the Column B & C amounts. I can then compare the amounts listed in Column A & Column D to ensure that they match. In Row 4/Column A and Row 4 Column D, I entered a formula to sum Column A & D. THE PROBLEM: despite each column containing the same currency amounts, the summation formula is producing a different sum. WHY?
Spreadsheet has following:
Column A has data in cells 5 thru 40. The column cells are configured for currency.
Column B has data in cells 5 thru 40. The column cells are configured for currency.
Column C has data in cells 5 thru 40. The column cells are configured for currency.
Column D has the following formula for each respective cell 5 thru 40: =(B5+C5)*0.7 [for row 5]; =(B6+C6)*0.7 [for row 6] and so forth for each cell 5 thru 40. So in summation the column displays the sum of columns B & C. The column cells are configured for currency.
In Row 4 (Column A), I have the following formula: =SUM(A5:A40). The summed result = $10,051.51
In Row 4 (Column D), I have the following formula: =SUM(D5:D40). The summed result = $10,051.17
I have painstakingly confirmed the accuracy of every single number presented in Column D (i.e., the currency number in Column D looks exactly the same as that showing in Column A). I have used an independent calculator to add up each amount of each cell in Column A and the correct sum is $10,051.51. So why is the sum formula in Column D producing a bad number? Is there a way to fix this error?