To round the numbers to Millions we can use Custom Format and Round function in Excel. We can round to the nearest million calculation from the 2 different. Apr 04, 2013 I would like to format a cell that I already have a formula in to show the number in millions (i.e. 1,084,462,449 would appear as 1,084.462). Formatting a cell to show number in millions. Excel / Windows other / Office 2010; Answer HansV MVP Replied on April 4, 2013.
Related Articles
- 1 Remove the Leading Zero Before a Decimal in Excel
- 2 Expand and Collapse in Excel 2007
- 3 Do the Sum of an Indefinite Series in Excel
- 4 Format Fractions to Percentages in Excel
If you are unaware of Microsoft Excel's 'Format Cells' option, then you will discover it offers a wealth of formatting possibilities. Aside from the many built-in number formats, Excel allows you to create custom formats, such as rounding numbers and adding units. If you wish to format numbers using only millions, a custom format will round the numbers up to the nearest million and chop off the thousands and hundreds digits. Add millions as a unit to ensure you don't confuse the format with regular numbers.
![Excel for mac format in millions dollars Excel for mac format in millions dollars](/uploads/1/2/5/8/125848003/650343191.png)
Click and drag your mouse cursor over the cells you wish to format.
3.![Buy Buy](http://www.excelchamp.net/wp-content/uploads/2015/02/Custom_format_Excel.png)
Right-click any selected cell and click 'Format Cells.' Alternatively, hold the 'Ctrl' key and press '1.'
4.Click 'Custom' from the right pane of the Numbers tab.
5.Type '0,' in the 'Type' field without quotation marks. If you wish to add 'millions' as a unit in the cells, enter the following code in the 'Type' field:
0, 'million'
6.Click 'OK' to format the cells as millions. As an example, the first code will display the number '12345678' as '12.' The second code will display '12 million.'
References (1)
Choose Citation Style
Taylor, C.. 'How to Format Excel in Millions.' Small Business - Chron.com, http://smallbusiness.chron.com/format-excel-millions-29107.html. Accessed 15 December 2019.
Taylor, C.. (n.d.). How to Format Excel in Millions. Small Business - Chron.com. Retrieved from http://smallbusiness.chron.com/format-excel-millions-29107.html
Taylor, C.. 'How to Format Excel in Millions' accessed December 15, 2019. http://smallbusiness.chron.com/format-excel-millions-29107.html
Note: Depending on which text editor you're pasting into, you might have to add the italics to the site name.
In Microsoft Excel, you can improve the readability of your dashboards and reports by formatting your revenue numbers to appear in thousands. This allows you to present cleaner numbers and avoid inundating your audience with overlarge numbers. To show your numbers in thousands, highlight them, right-click, and select Format Cells.
After the Format Cells dialog box opens, click the Custom option to get to the screen shown in this figure.
In the Type input box, add a comma after the format syntax.
After confirming your changes, your numbers will automatically appear in the thousands place!
The beautiful thing here is that this technique doesn’t change the integrity or truncate your numeric values in any way. Excel is simply applying a cosmetic effect to the number. To see what this means, take a look at this figure.
The selected cell has been formatted to show in thousands; you see 118. But if you look in the formula bar above it, you’ll see the real unformatted number (117943.605787004). The 118 you are seeing in the cell is a cosmetically formatted version of the real number shown in the formula bar.
Custom number formatting has obvious advantages over using other techniques to format numbers to thousands. For instance, many beginning analysts would convert numbers to thousands by dividing them by 1,000 in a formula. But that changes the integrity of the number dramatically.
When you perform a mathematical operation into a cell, you are literally changing the value represented in that cell. This forces you to carefully keep track of and maintain the formulas you introduced to simply achieve a cosmetic effect. Using custom number formatting avoids that by changing only how the number looks, keeping the actual number intact.
If needed, you can even indicate that the number is in thousands by adding to the number syntax.
This would show your numbers like this:
You can use this technique on both positive and negative numbers.
After applying this syntax, your negative numbers also appear in thousands.
Need to show numbers in millions? Easy. Simply add two commas to the number format syntax in the Type input box.
Note the use of the extra decimal places (.00). When converting numbers to millions, it’s often useful to show additional precision points, as in