Introduction

Excel is a powerful tool that offers various formatting options to enhance the visual appeal of your data. One such formatting option is the Accounting Number Format, which allows you to display numbers in a currency format.

Format Numbers as Currency

The Accounting Number Format in Excel for Mac provides a convenient way to display monetary values in a professional and consistent manner. By applying the Accounting Number Format, you can easily format numbers with currency symbols, decimal places, and thousand separators.

To format numbers as currency in Excel for Mac, follow these steps:

Step 1: Select the Range of Cells

First, select the range of cells that you want to format as currency.

Step 2: Use the Accounting Number Format Button

Next, locate the Accounting Number Format button in the Number group of the Home tab. Click on the button to apply the Accounting Number Format to the selected cells.

Step 3: Set the Accounting Currency

After applying the Accounting Number Format, you can choose the desired currency symbol. Excel for Mac supports a wide range of currency symbols, allowing you to customize the format according to your needs.

Step 4: Increase or Decrease the Decimals

By default, Excel for Mac displays two decimal places for currency values. However, you can increase or decrease the number of decimal places as per your requirements.

What's the Difference between the Currency and Accounting Formats?

While both the Currency and Accounting formats display numbers as currency, there are some subtle differences between the two.

The Currency format is primarily used for general currency display, where the number of decimal places can vary based on the value. On the other hand, the Accounting format is specifically designed for financial purposes, ensuring that decimal places align vertically for easy comparison.

Remove Currency Formatting

If you want to remove the currency formatting from a cell or range of cells, you can do so by following these steps:

Step 1: Select the Range of Cells

Select the cells from which you want to remove the currency formatting.

Step 2: Clear the Format

Right-click on the selected cells and choose the 'Clear Formats' option from the context menu. This will remove the currency formatting and revert the cells to the default number format.

Create a Workbook Template with Specific Currency Formatting Settings

If you frequently work with specific currency formatting settings, you can create a workbook template that includes these settings. This will save you time and effort by automatically applying the desired currency formatting to new workbooks.

To create a workbook template with specific currency formatting settings, follow these steps:

Step 1: Save the Workbook as a Template

Open a new or existing workbook and apply the desired currency formatting. Then, go to 'File' > 'Save As Template' and choose a name for your template.

Step 2: Create a Workbook based on the Template

Whenever you need to create a new workbook with the specific currency formatting settings, go to 'File' > 'New from Template' and select the template you created.

Conclusion

The Accounting Number Format in Excel for Mac is a powerful tool that allows you to format numbers as currency with ease. By following the steps outlined in this guide, you can apply the Accounting Number Format, understand the differences between the Currency and Accounting formats, remove currency formatting, and create workbook templates with specific currency formatting settings.

Need More Help?

If you need further assistance with applying the Accounting Number Format in Excel for Mac or have any other questions, feel free to reach out to our support team. We are here to help!

Want More Options?

If you want to explore more formatting options in Excel for Mac, check out our other guides and tutorials. We offer a wide range of resources to help you make the most out of Excel!