Microsoft Excel: Correcting an MROUNDing error

By J. Carlton Collins, CPA

In the July 2018 item "Microsoft Office: Rounding Time in Excel," this column stated that "the MROUND function always rounds up, away from zero." It should have stated that "the MROUND function always rounds up, away from zero, when the number is greater than or equal to half the value of the multiple." For example, assuming a multiple of 6, the MROUND function will round the numbers 1, 2, 3, 4, 5, and 6 to 0, 0, 6, 6, 6, and 6 (values that are all multiples of 6). The numbers 1 and 2 are rounded down because they are lower than half the value of 6, which, of course, is 3. Thanks to Mark Huff, CPA, for bringing this to our attention.   


About the author

J. Carlton Collins ( is a technology consultant, a conference presenter, and a JofA contributing editor.

Submit a question

Do you have technology questions for this column? Or, after reading an answer, do you have a better solution? Send them to We regret being unable to individually answer all submitted questions.

Where to find May’s flipbook issue

The Journal of Accountancy is now completely digital. 





Leases standard: Tackling implementation — and beyond

The new accounting standard provides greater transparency but requires wide-ranging data gathering. Learn more by downloading this comprehensive report.