formula summary

143kishornaidu
143kishornaidu
in Modeling

HI All,

 

Why we use summary as formula.

what are the scenarios that we use this ?

what is the outcome of it?

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Answers

  • ManjunathKN
    ManjunathKN

    Hi @143kishornaidu,

     

    In simple words, When you use a formula logic in formula bar, you need to use formula as summary.

     

    Below table should explain you.

    ManjunathKN_0-1666780504485.png

     

    Thanks,
    Manjunath

     

     

  • medaganeshamanikanta
    medaganeshamanikanta

    Hi @143kishornaidu 

    As @ManjunathKN  was mentioning that we use formula as summary method, when there is formula present in the formula bar.

    By doing this what happens is, the formula would also be applied to the summary items. Like in the example given by @ManjunathKN  for Q1 which is a summary of Jan, Feb, Mar, the formula(Line Item A/Line Item B) is applied for Q1 also i.e  60/90=0.66.

    Whereas in the other case the summary enabled as sum and it is just adding the result of Jan, Feb, Mar in the Line Item C (0.5+0.66+0.75=1.91)

     

    Hope this helps 

    Thanks

    Meda Ganesha Manikanta

    Matasma Digital Technologies

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