I'm using Microsoft Excel and using "Income & Expenses" what is a running total? Is it like a net income?
2007-10-08 18:39:33 · 4 answers · asked by e v a 2 in Business & Finance ➔ Personal Finance
Usually its a column running alongside the actual figures giving the 'current sum'
For example if you had 1, 2, 3, 4
The running totals would be 1, 3, 6, 10
2007-10-08 19:41:24 · answer #1 · answered by Steve B 7 · 1⤊ 0⤋
Running Total
2016-10-22 01:07:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Running total is the cumulative balance.
For example ==> Expenses
January = 100
February = 200
In January, the running total is 100 while in Feb 300.
If you are doing any monthly accounting work, this is called "YTD" balance. (Year to Date)
2007-10-09 06:22:16 · answer #3 · answered by voyager 6 · 1⤊ 0⤋
A "running total" is a estimated total, used when you can't check completed totals due to insufficient info. Hope this helps.
2007-10-08 18:57:47 · answer #4 · answered by Neil S 4 · 0⤊ 0⤋
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2014-09-02 05:28:15 · answer #5 · answered by Anonymous · 0⤊ 2⤋
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RE:
What does "Running Total" mean?
I'm using Microsoft Excel and using "Income & Expenses" what is a running total? Is it like a net income?
2015-08-19 13:10:48 · answer #6 · answered by Gertrud 1 · 0⤊ 0⤋