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Number Formatting
Home → Number → Currency, Percentage, Comma. Format does not change the stored value.
Display vs Stored Value
Number format changes what you see without changing the stored value Excel uses in formulas.
James Okonkwo applied Currency to B2:E6 on NorthgateBudget.xlsx. Governors saw £12,500.00 while =SUM(B2:E2) still calculated on 12500 — display and data type work together.
Budget amounts are numbers; department names are text. Formatting connects to that — Currency on numbers, General on labels.
The Formula Bar Tells the Truth
Click B2 after typing 12500:
- Cell may show 12500 or £12,500.00 depending on format
- Formula bar shows 12500 (the number Excel stores)
- Data type remains number — SUM works
Formatting is not the same as data type — but choosing Text format before entry would change type (see Data Types lessons).
Number format vs data type
| Number format (Currency) | Text data type |
|---|---|
| Stored value stays numeric | Stored as text — SUM may ignore |
| Right-aligned by default | Left-aligned by default |
| Formula bar shows 12500 | Formula bar shows text as typed |
| Apply after typing numbers | Set Text format before entry for codes |
Select the Budget Block
On Budgets, select B2:E6 (all quarterly amounts, not headers). On the Home tab, open the Number group. Click the $ or £ Currency button (your symbol depends on regional settings).
Expected result: Amounts show commas and two decimal places, e.g. £12,500.00. Click B2 — formula bar still shows 12500 without £.
Science Q4 in E4 (19000) displays as £19,000.00 with Currency. Conditional formatting later can highlight it — the underlying number is still 19000 for comparisons.
Percentage and Comma
Percentage: Select I1 (0.05 contingency rate). Home → Number → % → displays 5%. The stored value is still 0.05 for **=F2*(1+1)**.
Comma style: Home → Number → Comma adds thousands separators without forcing currency — useful for internal drafts.
Increase/decrease decimals: Buttons .00 → .0 beside the format list.
Do not apply Currency to column A (department names) — that is text, not amounts. You select A2:A6 and click Currency — Excel may show £English errors or odd displays.
Formatting Does Not Fix Text-Numbers
A quarter amount is left-aligned (stored as text). You apply Currency — it still fails in =SUM(B2:E2). Convert to number first (Convert to Number from the error menu), then format.
General is Excel's default — shows integers without decimals when possible.
Currency always shows two decimals and a symbol — standard for governor-facing NorthgateBudget.xlsx printouts.
SUM still works: Formatting is a mask. =SUM(B2:E2) uses the real numbers underneath.
Practice
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More lessons in Microsoft Excel · Next: Cell Formatting · Previous: Percentages, Fractions, and Scientific Notation
