Subtotaling Meaning: Definition, Examples, and Translations
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subtotaling
[sʌbˈtoʊtəlɪŋ ]
Definition
calculating total
Subtotaling refers to the process of calculating a subtotal, which is the sum of a set of values that form a part of a larger total. It is commonly used in accounting and financial contexts to provide an intermediate total before applying any further calculations, such as tax or discounts. Subtotaling helps in breaking down complex financial data into simpler components. It allows for better understanding and verification of financial information.
Synonyms
Examples of usage
- I am subtotaling the expenses for the month.
- Make sure to subtotal the items before adding tax.
- The subtotal showed a clear indication of our budget usage.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Mathematics
- Subtotaling is often used in accounting to summarize groups of expenses or revenues before calculating a final total.
- It helps provide a clearer view of finances by breaking large numbers into more manageable pieces.
- Many spreadsheets automatically calculate subtotals, aiding users in financial analysis.
Business & Finance
- Businesses often present subtotaling on invoices, showing a breakdown of costs before tax and shipping.
- Understanding subtotals can help consumers see how much they are spending on individual categories.
- In budgeting, subtotaling aids in tracking spending in specific areas like groceries or entertainment.
Technology
- Spreadsheet programs like Excel have built-in functions that can compute subtotals quickly with a few clicks.
- Apps for financial management often feature subtotaling to help users stay on track with their spending habits.
- Business intelligence software allows for more complex subtotaling with data analysis for sales and trends.
Education
- Learning to subtotal is a key skill in math classes, teaching students how to group and add numbers effectively.
- It emphasizes the importance of organization in data management, a crucial skill for academic success.
- Teachers often use subtotaling exercises to help students grasp addition and reinforcement of grouping concepts.
Origin of 'subtotaling'
Main points about word origin
- The term combines 'sub,' meaning 'under' or 'below,' with 'total,' which refers to a complete amount.
- The prefix 'sub-' comes from Latin, suggesting something that is beneath or lesser in value.
- The word 'total' derives from the Latin 'totalis,' meaning whole or entire.
The word 'subtotaling' originates from the combination of the prefix 'sub-', meaning 'below' or 'under,' and the word 'total,' which is derived from the Latin 'totalis' meaning 'whole' or 'entire.' 'Subtotal' itself has been used in English since the early 20th century, primarily in financial and accounting contexts. The practice of calculating subtotals became increasingly important with the rise of commerce and the need for businesses to keep accurate financial records. The term has since evolved and is now commonly used in various fields to denote the intermediate totals in calculations.