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The Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is:NORMINV(probability, mean, standard_dev).Where the function arguments are:he Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is: NORMINV(probability, mean, standard_dev). Where the function arguments are:
Basically, by entering this formula, what we're telling Excel is this: In Cell H3, show us our Opening Balance (H2) minus our next debit (F3), if one exists, or plus our next credit (G3), if one exists. I created the formula this way so that it accounts for the possibility of either debits or credits in any row.