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Creating a budget is of one the simplest and most useful tasks you can do using a spreadsheet. By using a spreadsheet, any changes you make to your budget are. Template124 is all about Premium Excel Template for project management, Check out financial, Attendance, Company Reporting and dashboard tool for small business. How to use a spreadsheet to create a simple budget. Creating a budget is of one the simplest and most useful tasks you can do using a spreadsheet. By using a spreadsheet, any changes you make to your budget are instantly updated across the whole budget, with totals calculated for you. This tutorial shows you how to create a budget using Microsoft Excel 2. If youre using an earlier version of Excel or a spreadsheet from another company, youll find the principles and general techniques carry over, even though the menu commands differ. Ill show you how to create a simple budget summary for a small organization well call Bleeding Heart Do Gooders. You can use the same approach to create a household budget, a budget for a trip or a specific event, and so on. Adding data and formulae. Heres how to create the budget Open Excel and create a new blank worksheet. No matter what sort of spreadsheet I am creatinga budget, timesheet, whateverI usually find its best to leave a couple of rows at the top and a couple of columns at the left empty when I start setting up the spreadsheet. This makes it easy to insert a heading or to reorganize the designits amazing how often you discover you should have allowed for another column or row, and while its easy to insert these later its even easier to allow a little space to start with. Screen-Shot-2014-04-02-at-1.08.16-PM.png' alt='Company Budget Format In Excel' title='Company Budget Format In Excel' />So, click in cell C4 that is, column 4 row C and type Income dont include the quotation marks. Now were going to start listing our income categories and the amounts budgeted for each, so. Click in cell D5 Type Donations Press the Tab key Type 5. Press Enter Type Grants Press the Tab key Type 7. Press Enter. Do you notice how you press the Tab key to move between columns and the Enter key to move down to the next row starting in the first data entry column Its quite different from how things work in most other programs, but youll find its a consistent feature of spreadsheet programs. Lets add one more entry in the Income category. Type Miscellaneous and press the Tab key Type 1. TIP Save your work. EuSpRIG offers Risk Managers the worlds only independent, authoritative comprehensive web based information describing the current state of the art in Spreadsheet. Nows a good time to save your work. Yes, I know you havent done much, but once youve saved and named your work, you can quickly save work as you go by pressing CtrlS or clicking the Save button on the Quick Access Toolbar in the top left of the Excel window. Its a good habit to develop. So, click the Save button now, navigate to the folder where you want to save your work in the Save As dialog box, name the file Bleeding Heart Do Gooders Budget or just BHDG Budget. Excel will add the. Excel, you can choose to save it as an Excel 9. Workbook an. xls file by selecting that option from the Save As Type drop down list. Click Save and youre ready to continue working. Thats it for the income categories, so lets total them up. Click in cell C8 and type Total Income. We want Excel to add up our three income categories and provide the result, so click and drag from cell E5 down through cell E7 to highlight the three cells containing the income amounts, then click the Auto. Wcf Books For Beginners. Sum button on the toolbar. Its a sigma symbol and it looks like this. When you click the Auto. Sum button it automatically adds up the values in the selected cells and places the result in the cell immediately below. Easy Chefs One Million Recipes. You can use the same technique on a horizontal row of values and Auto. Sum will place the result in the next cell to the right of the selected numbers. This illustrates how cells in your spreadsheet can contain datanumbers, text, images and so onor formulae. If you want to know the formula Excel has used to provide a total for your income categories, click in cell E8 and then look at the expression displayed in the formula bar immediately above the data entry area. Youll see SUME5 E7That is, display the sum of the values in cells E5 through E7. If you click in cell E5, E6 or E7 the formula bar displays the same value you see in each of these cells, because each of those cells contains data. Cell E7, on the other hand, displays the result of a calculation based on data in the other cells. TIP Auto. Summing non adjacent values. If you want to put your total in a non adjacent cell, heres an alternative way to use Auto. Sum Click in the cell where youd like the total to appear. Click the Auto. Sum button. Click and drag across the cells you want to add up and press Enter. Give it a try by clicking in cell G4, clicking the Auto. Sum button, clicking and dragging from cell E5 through E7, and pressing enter. Samsung Galaxy Y S5360 Original Rom. Youll see the total income displayed there. Once youve tried this, delete the duplicate total by clicking in cell G4 and pressing the Delete key Del. Lets continue creating the budget. Click in cell C9, type Expenses. Add the data for the expenses. To start doing so, click in cell D1. Type Accounting, press tab, type 4. Enter Type Bank Charges, press tab, type 2. Enter Type Board Expense, press tab, type 4. Enter. Follow the same procedure to add the rest of the expenses Conferences             1,2. Liability Insurance                2. Miscellaneous             1,9. Office Equipment             1,5. Office Supplies                8. Payroll expenses           9. Postage Shipping                6. Printing                5. Rent           1. Travel                6. Utilities             7,2. Internet             1,2. TIP Adjusting column width. If you find the cells dont display the complete text of some of your entries, you can easily adjust the column width either of two ways. The first is to click and drag the line between the column headers as you do so, the left column will become wider. For example, to increase the width of column D, click and drag the line between column D and column E. Then use this technique to expand column E as well. An alternative method of resizing columns is to select the columns you wish to resize by clicking and dragging across the column headersthe selected columns will be highlightedand then click Format Auto. Fit Column Width in the Cells section of the ribbon. Note If a column is too narrow to display a number, youll see hash marks displayed in place of the number when you resize the column, the number will be displayed. To finish entering the budget information, we need to add up the expenses and then figure out our net income by subtracting the expense total from our total income Click in cell C2. Total Expenses. Select all the expense amounts click and drag from cell E1. E2. 4 and click the Auto. Sum button to place the total in cell E2. Click in cell B2. Net Income. To determine our net income, we need to use a formula to subtract the total expenses in E2. E8. So, click in cell E2. E8 E2. 5and press Enter. Youll see 5. 20. TIP Using Auto. Sum to create a formula. Instead of typing the formula to determine net income yourself, you can use Excels Auto. Sum feature to do most of the work for you Click in the cell where you want to display total income E2. Click the Auto. Sum button. Click E8 the total income. Press the minus key. Hold down the Ctrl key and click E2. Press Enter. Making things look good. Figure 1. Click to see a larger imageBy this stage, you have a working budget summary which should look like Figure 1. As I said, its workable, but its also bland and not particularly readable. We can fix that by adding a header and by formatting both the text and the numbers. Heres how Click in cell A1and type Bleeding Heart Do Gooders. Click in cell A2 and type Budget Summary July 2. Format numbers Office Support. Apply number formats like dates, currency, or even fractions to cells in a worksheet. For example, if youre working on your quarterly budget, you can use the Currency number format to show your numbers as money. Or if you have a column of dates, you can set whether you want the dates to show up as March 1. Mar 1. 2, or 31. Select the cells you want to format. Press CTRL1. On a Mac, press Control1, or Command1. In the Format Cells box, click the Number tab. Pick the number format you want, and then choose specific changes to the format on the right. Tip  Do you have numbers showing up in your cells as This probably means your cell isnt wide enough to show the whole number. Try double clicking the right border of the column that contains the cells with. This will resize the column to fit the number. You can also drag the right border of the column to make it any size you want. Sometimes when you type numbers into a cell, or import them from another data source, Excel formats those numbers incorrectly. For example, if you type a number with a slash mark or hyphen, Excel might think youre typing a date and apply a Date format. To stop this from happening, you need to apply the Text format to the cells, and then enter your numbers. Select the cells you want to format. Press CTRL1. On a Mac, press Control1, or Command1. On the Number tab, in the Format list, click Text.