And identify areas that are causing a deficit in your budget. You can use this template to summarize your finances. Moreover, the template is easily customizable, and you can change it in whichever way you want 🎨 It is very easy to use and contains simple terms that even a layman can understand. You can use the Excel Balance Sheet template for this purpose. It will also tell you where to cut down money so you can perform adequate money management and add more to your equity. Only then can you make informed decisions and investments. It helps keep your mind straight and know the financial health of your company in a better manner. An active reminder of how much money you have and how much you need to pay off is important. 🎓 User-Friendly: A breeze for beginners and a powerful tool for experts.Being a business owner, you need to be well aware of all your assets and liabilities. 📝 Seven Types of Drop-down Lists: Make data entry a breeze with drop-down lists of various features and types. 🗄️ Powerful Navigation Pane: Gain an advantage with the robust Column Manager, Worksheet Manager, and Custom Favorites. 📊 Customizable Charts and Reports: Access a broad variety of additional charts and generate insightful reports that tell a story. ⏱️ Efficient Batch Operations: Why put in extra effort when you can work smart? Import, export, combine, and tweak data in bulk with ease.
📈 Superior Data Processing: Merge cells, remove duplicates, and perform advanced data conversions – all without breaking a sweat! 🛠️ Over 300 Powerful Features: Kutools is packed with more than 300 advanced features, simplifying your work in over 1500 scenarios. Streamline intricate tasks and glide through your data like a pro. Ready to supercharge your Excel tasks? Harness the power of Kutools for Excel - your ultimate time-saving tool. Transform Hours into Minutes with Kutools for Excel! Now current workbook is saved as your personal template. Step 9: In the coming Save As dialog box, enter your template name into the File name box, and click the Save as type box and specify the Excel Template (*.xltx) from the drop down list, and at last click the Save button. 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. Although there are so many budget templates for downloading, you may still want to make a custom monthly budget template based on your needs.
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