Subtotalling Meaning: Definition, Examples, and Translations
๐งฎ
subtotalling
[sสbหtoสtษlษชล ]
Definition
calculating totals
Subtotalling refers to the process of calculating the total of a specific group of numbers before adding them to a larger total. This step is often used in accounting and finance to help organize data into manageable sections. By creating subtotals, individuals can gain insights into the various components contributing to a larger sum, facilitating easier error-checking and clearer data presentation. Subtotalling can also highlight trends within specific categories, making it a useful tool in data analysis.
Synonyms
interim total, partial total, section total.
Examples of usage
- I started subtotalling the expenses for each department.
- The accountant was subtotalling the income before taxes.
- Subtotalling the sales helped us identify our best-selling products.
Translations
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Interesting Facts
Mathematical Concepts
- Subtotalling is often used in accounting and finance to track smaller sections of a larger total.
- The practice helps in quickly identifying partial totals before calculating the final amount.
- Using subtotals can make long lists of numbers easier to understand and manage.
Educational Techniques
- Teachers often use subtotalling in math classes to help students break complicated problems into manageable parts.
- Subtotalling can enhance students' confidence as they see progress by reaching partial sums.
- Many educational tools and apps employ subtotalling features to aid in teaching basic arithmetic.
History of Mathematics
- The concept of grouping numbers and calculating subtotals dates back to ancient civilizations' record-keeping.
- Mathematics has evolved to include subtotalling as a crucial method in bookkeeping and financial management.
- The development of the abacus in ancient times made it easier for traders to create subtotals quickly.
Real World Applications
- In grocery shopping, subtotalling helps customers know how much theyโre spending before reaching the final check-out total.
- Project managers often use subtotals in budgeting to summarize costs by different project phases.
- Many software applications use subtotalling to provide users with intermediate calculations for efficiency.
Origin of 'subtotalling'
The term 'subtotal' originates from the Latin word 'subtotus,' meaning 'partially totalized.' It began to emerge in English during the 19th century as business practices became more complex, especially with the rise of accounting and financial reporting. The idea was to provide an intermediate total to help analyze data more clearly before arriving at a final total. Over time, the use of subtotals found its way into various fields such as retail, finance, and data analysis, becoming a standard practice for improving the clarity of financial statements and other numerical representations. The format and presentation of subtotals have also evolved with advancements in technology, leading to software tools that automatically calculate and present these intermediary totals in spreadsheets and accounting systems.