In Excel, you can do any kind of sales-related calculation quite easily and speedily if you know some quick and smart methods. We are used to finding sales using the conventional summing method, but Excel has more tricky ways. I hope, this article will cover all the 4 smart methods to calculate annual sales in Excel with proper illustrations and sharp steps.

**Table of Contents**hide

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**4 Ways to Calculate Annual Sales in Excel**

Letâ€™s get introduced to our dataset first which represents the monthly sales of a company.

**1. Using Manual Formula to Calculate Annual Sales**

In our very first method, weâ€™ll learn the most common and the basic method to calculate annual sales in Excel, just to add the cells using **plus sign (+)**. There is no need of using a function here.Â Itâ€™s not a feasible method to use always but for a short dataset, it may help in some particular cases.

**Steps:**

- First, activate
**Cell C18**by clicking there. - Then type the following formula in it-

`=C5+C6+C7+C8+C9+C10+C11+C12+C13+C14+C15+C16`

- Later, just hit the
**Enter**button to get the output.

Soon you will get the annual sales like the image below.

**Read More: ****How to Calculate Total Sales in Excel (With Easy Steps)**

**2.Â ****Calculate Annual SalesÂ ****Using Excel SUM Function**

To find any kind of summation, we use **the SUM function** most. In the previous method, we had to select each cell separately to add but while using the **SUM **function, we can select the range at once.

**Steps:**

- Write the following formula in
**Cell C18**â€“

`=SUM(C5:C16)`

- After that, just press the
**Enter button**to get the calculated annual sales.

**Read More: ****How to Calculate Sales Growth over 5 Years in Excel (3 Ideal Examples)**

**Similar Readings**

**How to Forecast Sales Growth Rate in Excel (6 Methods)****Calculate Sales Growth Percentage in Excel (2 Easy Approaches)****How to Calculate Percentage of Sales in Excel (5 Suitable Methods)**

**3. Applying an Array Formula to Calculate Annual Sales**

Here, I have modified my dataset a little bit. It represents the unit price and quantity on monthly basis. So, before calculating the annual sales, weâ€™ll have to find the monthly total by multiplying the unit price with quantity. We can perform it easily if we use an **array formula** with the **SUM **function. The array will multiply each unit price with the corresponding quantity and then the **SUM **function will sum them up.

**Steps:**

- In
**Cell D18**, insert the following formula-

`=SUM(C5:C16*D5:D16)`

- Lastly, hit the
**Enter**button to finish.

Soon after, you will get the output like the image below.

ðŸ’¬ **Note**: I showed the method using Excel 365. As we used an array formula so you may need to press **Ctrl + Shift + Enter** instead of pressing **Enter **to get the output in the earlier versions of Excel.

**Read More: ****How to Calculate Average Sales per Month in Excel (2 Easy Methods)**

**4. Applying Excel SUMPRODUCT Function**

The same operation of the previous method can be done by using **the SUMPRODUCT function**. The array operation is included as arguments in the **SUMPRODUCT **function, so we do not need to use the array here separately.

**Steps:**

- Type the following formula in
**Cell D18**â€“

`=SUMPRODUCT(C5:C16,D5:D16)`

- Later, hit the
**Enter**button to get the result.

**Conclusion**

I hope the procedures described above will be good enough to calculate annual sales in Excel. Feel free to ask any question in the comment section and please give me feedback. Visit **ExcelDemy** to explore more.