How to Calculate the Total Hours Formula in Excel. As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity.

Type the formula in cell K2 to calculate overtime hours for the week. This formula will test to see if the total hours worked that week, minus the total double time hours, is greater than 40.

This Technology Workshop illustrates how to leverage a number of functions to perform calculations in Excel involving the time value of money.

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.

Fortunately, Excel offers a built-in function, DATEDIF, which makes it easy to calculate elapsed calendar time.

While copying from one spreadsheet to another, if you get Excel ran out of resources while attempting to calculate one or more formulas error, this guide will help you fix the issue.