Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions.

If you want to round a number to the nearest 1000 in Excel, there are various formulas you could use, such as Round, RoundUp, RoundDown, Ceiling. Floor and MRound.

Excel has over 475 formulas in its Functions Library, but we've selected the most popular, from date and time functions to mathematics and simple data manipulation.

3. Select a function from a group (Formulas tab) Narrow your search a bit and choose a formula subset for Financial, Logical, or Date/Time, for example. =TODAY () Inserts today’s date.