{"id":694,"date":"2018-06-28T14:06:48","date_gmt":"2018-06-28T14:06:48","guid":{"rendered":"http:\/\/officetuts.net\/excel\/?p=694"},"modified":"2024-02-19T14:55:28","modified_gmt":"2024-02-19T14:55:28","slug":"currency-and-accounting-format","status":"publish","type":"post","link":"https:\/\/officetuts.net\/excel\/training\/currency-and-accounting-format\/","title":{"rendered":"Currency and Accounting Format"},"content":{"rendered":"\n

When you work with monetary values, there are two different formats you can use: Currency<\/strong> and Accounting.<\/strong> You can find them in HOME >> Number >> Number Format<\/strong>.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

You can also find the accounting format under the Accounting Number Format<\/strong>.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

When you expand this button, you will see a list of the most popular currencies.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

If you need more control over the formatting. For example, if you want to set the number of decimal places<\/a>, you can right-click the cell that contains the value, then select\u00a0Format<\/strong> Cells…<\/strong>.<\/p>\n\n\n\n

On the left side, in the category box, you will find two items: Currency<\/strong> and Accounting<\/strong>.<\/p>\n\n\n\n

Which type of formatting to choose<\/h2>\n\n\n\n

The accounting format is based on the currency format. Both allow you to select a currency and set the number of decimal points.<\/p>\n\n\n\n

Besides these similarities, there are also a few differences:<\/p>\n\n\n\n

    \n
  1. In the\u00a0accounting format<\/strong>,\u00a0the currency sign is located just off the left edge of the cell, and in the\u00a0currency format<\/strong>\u00a0at the beginning of the value.<\/li>\n\n\n\n
  2. In the accounting format<\/strong>, there is an extra space between the value and the right edge of the cell.<\/li>\n\n\n\n
  3. The accounting format<\/strong>\u00a0displays \u201c-\u201c when the value is 0.<\/li>\n<\/ol>\n\n\n\n

    Example 1:<\/h3>\n\n\n\n
    \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

    When you work with monetary values, there are two different formats you can use: Currency and Accounting. You can find them in HOME >> Number >> Number Format….<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"\nCurrency and Accounting Format<\/title>\n<meta name=\"description\" content=\"Learn about using currency and accounting formats in Excel, as well as how to control formatting and choose between the two. 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