Running Totals
About this lesson
A running total is SUM over a range with a locked start and a relative end. Each filled-down copy adds one more row.
- write a running total with a range whose start is locked.
- fix a filled total that sums only its own row.
- check a running total against the plain SUM of the column.
The idea
A SUM whose range runs from $B$2 to B2 is the most useful formula in this module, and it looks like a typo. The start is locked and the end is not. Fill the formula down and the range stretches: $B$2:B3, $B$2:B4, all the way to the bottom. Every row shows the total so far.
Compare it with =C2+B3, the previous balance plus this row. Both work. The growing SUM survives a row being deleted from the middle. The chain of additions breaks there with #REF!. And the last row of either must equal the plain SUM of the column. That is the cheapest check there is. Keep it on the sheet.
The mistake to watch for
A running total filled down without the lock on the start of the range. Each row sums only itself. The column looks like a set of balances, but it is a set of copies. The check is free: the last balance must equal a plain SUM of the whole column. When they differ, a formula in the balance column has moved.
Where this comes up again
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In C2, start a running balance: SUM of everything saved from B2 down to this row. Lock the start of the range and leave the end free. Then the range grows when the formula is filled down.
To begin, type it exactly:
=SUM($B$2:B2)
| Row | A | B | C | D | E | F | G |
|---|---|---|---|---|---|---|---|
| 1 | Month | Saved | Balance | ||||
| 2 | Jan | 120 | |||||
| 3 | Feb | 80 | |||||
| 4 | Mar | 150 | |||||
| 5 | Apr | 60 | |||||
| 6 | May | 200 | |||||
| 7 | Jun | 90 | |||||
| 8 | Jul | 130 | |||||
| 9 | Year so far |
Every step
-
In
C2, start a running balance:SUMof everything saved fromB2down to this row. Lock the start of the range and leave the end free. Then the range grows when the formula is filled down. To begin, type it exactly:=SUM($B$2:B2). -
Filled down to
C5, the formula reads=SUM($B$2:B5). What doesC5show? -
C6was filled down from a version without the dollar signs. Its range moved as a whole, so it now sums just one month. Fix it to be June's running balance. -
There is a second way. In
C7, take the balance above and add this month's saving:C6plusB7. -
In
B9, total the whole year so far withSUM. It should agree with the last balance inC8.