Round Time to the Nearest 15 Minutes in Excel - MROUND Formula
In this video, we round time to the nearest 15 minutes in Excel using a formula. In previous videos, we have grouped times using … source
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Round Time to the Nearest 15 Minutes in Excel - MROUND Formula
In this video, we round time to the nearest 15 minutes in Excel using a formula. In previous videos, we have grouped times using … source

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Excel Magic Trick 1457 Part 1 DESCRIPTION Learn about how different functions in Excel and Direct Operations interact and interpret Date and Time Values with the different Data Types: Number or Text.
Excel Magic Trick 1333 DESCRIPTION Learn about Banker’s Rounding or Gaussian Rounding: (00:15) What is Banker’s Rounding? (02:30) Normal Excel ROUND Function (Arithmetic Rounding, NOT Banker’s Rounding)
New Post has been published on Access-Excel.Tips
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Excel Access MRound custom Function round to nearest multiple
This tutorial explains how to create a custom Excel Access MRound Function to simulate Excel spreadsheet MRound Function round to nearest multiple
Excel MRound Function
Excel Round Function is used to round to nearest digit, while Excel MRound Function is used to round to nearest multiple. The first time I used MRound Function is to round employee bonus to nearest $100, because we want the bonus amount looks better. For example, $11040 is rounded to $11000.
Access MRound Function
As of Access 2013, there is no Access MRound Function available. Even worse, Access Round Function uses round to even logic which is different from Excel Round Function. Therefore there is a need to create a custom Access MRound Function.
VBA Code – Excel Access MRound custom Function
Function wMRound(pValue As Double, multiple) As Double Dim negNumber As Boolean If pValue < 0 Then pValue = 0 - pValue negNumber = True End If If multiple < 0 Then multiple = 0 - multiple End If Select Case pValue / multiple - Int(pValue / multiple) Case Is < 0.5 result = Int(pValue / multiple) * multiple Case Is >= 0.5 result = Int(pValue / multiple) * (multiple) + multiple End Select If negNumber = True Then wMRound = 0 - result Else wMRound = result End If End Function
Algorithm – Excel Access MRound custom Function
This custom MRound Function basically looks at the decimal part of remainder after dividing pValue by multiple. If the remainder is >=0.5, we need to round down the pValue to maximum multiple less than pValue, and then add a multiple to the number.
Unlike Excel MRound Function, this custom MRound Function allow parameters to input negative pValue but positive Multiple (which I think make more sense than using negative Multiple)
Syntax – Excel Access MRound custom Function
wMRound(pValue, multiple)
pValue The value to round Multiple Multiple to use in round
Although this Function can be used for Access and Excel, it is considered as mainly used for Access, because you can simply call the followings in Excel VBA
Application.WorksheetFunction.MRound
Example – Excel Access MRound custom Function
Formula Result Explanation =wmround(-1.1,1) -1 Allow negative number but positive multiple =wmround(-1.2,-1) -1 Allow negative multiple, which will be regarded as positive =wmround(-1.3,0.5) -1.5 Allow decimal multiple =wmround(-1.5,0.5) -1.5 Return same value if remainder is 0
Outbound References
https://support.office.com/en-us/article/MROUND-function-C299C3B0-15A5-426D-AA4B-D2D5B3BAF427
New Post has been published on Access-Excel.Tips
New Post has been published on http://access-excel.tips/excel-mround-function-multiple/
Excel MRound Function round to nearest multiple
This tutorial explains how to use Excel MRound Function round to nearest multiple
Excel MRound Function round to nearest multiple
Excel Round Function is used to round to nearest digit, while Excel MRound Function is used to round to nearest multiple. The first time I used MRound Function is to round employee bonus to nearest $100, because we don’t want the bonus amount looks better. For example, $11040 is rounded to $11000.
If you fail to use Excel MRound Function, navigate to Developer > Add-Ins > enable Analysis TooPak
Syntax of Excel MRound Function – round to nearest multiple
MROUND(number, multiple)
Number The value to round Multiple Multiple to use in round, must be of the same sign as Number, otherise #NUM! will return
Note that the logic is same for positive and negative number. For example, Mround(0.5,1) = 1, MROUND(-0.5,-1) = -1
Example of Excel MRound Function – round to nearest multiple
Number =Round(cell,0) =Mround(cell,1) Explanation 0.1 0 0 0.2 0 0 0.3 0 0 0.4 0 0 0.5 1 1 Mround also round half up 0.6 1 1 0.7 1 1 0.8 1 1 0.9 1 1 1 1 1 -1.1 -1 #NUM! Multiple is positive but number is negative -1.2 -1 #NUM! -1.3 -1 #NUM! -1.4 -1 #NUM! -1.5 -2 #NUM! -1.6 -2 #NUM!
Workaround of Excel MRound Function – #NUM! due to different sign
To avoid error due to sign, use the Sign Function to synchronize the sign of Multiple with Number. Sign Function is to return a positive value as 1, negative value as -1.
Number =Mround(cell,1) =Mround(cell,sign(cell)*1) 0.1 0 0 0.2 0 0 0.3 0 0 0.4 0 0 0.5 1 1 0.6 1 1 0.7 1 1 0.8 1 1 0.9 1 1 1 1 1 -1.1 #NUM! -1 -1.2 #NUM! -1 -1.3 #NUM! -1 -1.4 #NUM! -1 -1.5 #NUM! -2 -1.6 #NUM! -2
Outbound References
https://support.office.com/en-us/article/MROUND-function-C299C3B0-15A5-426D-AA4B-D2D5B3BAF427

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