Step 8: Save current workbook as template with clicking the File > Save > Computer > Browse in Excel 2013, or click the File / Office button > Save in Excel 20. Please select the A10:A15, then press the Ctrl key and select the N10:N15 and then follow the same methods we introduced in Step 5-(2) and Step 6. Step 7: Add a pie chart for the expenses in this budget year. (2) Add Chart title with clicking the Layout > Chart Title > Above Chart in Excel 2007/2010 (In Excel 2013, the Chart title is added automatically), and enter a chart title, such as Incomes in Budget. (1) Add labels for the pie chart with right clicking the pie and selecting the Add Data Labels from the right clicking menu. (2) Click the Pie button (or Insert Pie and Doughnut Chart button in Excel 2013) on the Insert tab, and then specify a pie chart from the drop down list. (1) Select the Range A4:A6, then hold the Ctrl key and select the Range N4:N6. Step 5: Make a pie chart for the incomes in this budget year. Step 4: Calculate the deficit or surplus in this budget year: In Cell B18 enter =B7-B16, and drag the Fill Handle to apply this formula to Range C18:N18. (3) Calculate total expense in the budget year: IN Cell N16 enter =IF(SUM(B16:M16)=SUM(N10:N15), SUM(N10:N15), FALSE), and press the Enter key. (2) Calculate total expense of each item: In Cell N10 enter =SUM(B10:M10), and drag the Fill Handle to apply this formula to Range N11:N15. (1) Calculate total expense of each month: In Cell B16 enter =SUM(B10:B15), and drag the Fill Handle to apply this formula to Range C16:M16. Step 3: Calculate the total expense of every month and every items. (3) Calculate the total income in the budget year: in Cell N7 enter =IF(SUM(N4:N6)=SUM(B7:M7), SUM(N4:N6), FALSE), and press the Enter key. (2) Calculate total income of every item: In Cell N4 enter =SUM(B4:M4), then drag the Fill Handle to apply this formula to Range N5:N6. (1) Calculate total income per month: In Cell B7 enter =SUM(B4:B6), then drag the Fill Handle to apply this formula to Range C7:M7. Step 2: Enter your budget data of income and expenses into the table, and calculate the total incomes of every month and every item: Step 1: Prepare a table, and enter its row headers and column headers as following screen shot shown: The following steps will walk you through customizing a monthly budget template in Excel. Most also work with Google Docs and Open Office.Although there are so many budget templates for downloading, you may still want to make a custom monthly budget template based on your needs. Note: All Practical Spreadsheets work with Microsoft Excel. If this spreadsheet does not meet your needs, consider aĬlick here to download our FREE Monthly Household Budget Spreadsheet Choose "Open" to immediately open the template for editing, or choose "Save" to save the template to a location on your computer. This will reserve 10% of your salary for things such as savings or unexpected expenses.Ĭlick on the below image or link to download the spreadsheet. When creating your budget, try to keep your total expenses less than 90% of your salary. Once you have your budget created, you can also use the spreadsheet to compare your actual income and expenses to your budget.Ĭreating a budget is an excellent way to reduce debt, analyze expenses, or plan for future purchases. The spreadsheet separates common expenses into fixed and variable. This FREE Monthly Household Budget Spreadsheet will help you create your own, personal budget.
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