In the Overhead section, enter your forecast amounts for monthly fees and other transactions. In the Revenue section, enter your monthly forecast income. You can change the category headings in column A, and insert or delete. The budget forecast amounts, for each month and each budget category. On a separate worksheet, named Forecast, you'll enter In columns D:O, fill down the formula for the new rows. In column O, fill down the Total formula for the new rows. Fill down the formula in column A, to show the categories in the new rows. Next, on the Forecast sheet, enter the new category names in column A, for the new rows Copy Link Formulas on Other Sheets Right-click any one of the sheet tabs for the grouped sheets. Then, before entering the new categories, ungroup the sheets: Right-click the row button, at the left of the worksheet, for any one of the selected rows. 3 new rows will be inserted above those selected rows. 3 rows are selected in the Overhead section. To add more categories, select one or more rows in the Revenue or Overhead section - select as many rows as you want to add new rows. All 4 sheets should still be selected (grouped). After the 4 sheets are selected, click on the Forecast sheet, so it is the active sheet. First, select all 4 data sheets - Forecast, Actual, YearToDate and Variance sheets. Group Data Entry Sheetsįollow these steps, if you want to add or remove categories from the budget template sheets. The categories are entered on the Forecast sheet only - the other 3 sheets are linked to the cells on the Forecast sheet. #Excel monthly expenses template update
Warning: Be sure to follow the steps below, to update the Forecast, Actual, YearToDate and Variance sheets - all at the same time. If needed, you can add more Revenue categories, or Overhead categories. In those cells, type the names of your overhead (expense) categories. In cells A19:A28, delete the items in the overhead category cells. In those 3 cells, type the names of your revenue categories. In cells A12:A14, delete the product sales categories. Next, check the list of budget categories, and revise them, to match your budget categoriesįor example, change the Revenue categories: 
DO not clear out the cells in the Total rows or the Total columns.Clear out the sample data in the green cells on the Forecast sheet.To start entering your own budget forecast, In column C to column N, there are green cells, with forecast amounts for each category, over the 12 months of the fiscal year.In column A, there are Revenue categories, and Overhead categories.On the Forecast sheet, there is sample data entered, to show how the template works. Tip: For instructions on naming cells, go to the Excel Named Ranges page.Īfter you fill in the green cells on the Menu sheet, click the Forecast button, to go to the sheet named Forecast.
This date is used to create the month headings on the template worksheets. Start Date: In cell I7, enter the date when your fiscal year starts. The location name is shown on the worksheets, as heading information only This information is not used in any of the workbook calculations. Location: Enter a location name or description in cell I3. To get started in the budget template, follow these steps, to fill in the green cells: The five blue buttons have hyperlinks that take you to a specific sheet, and to cell A1 on. There are two green cells where you will enter details about your budget (see the steps below). The menu sheet has data entry cells, and navigation buttons: To get started in the Excel budget template, go to the sheet named Menu. As the year goes by, see the variance between your budget forecast and the actual amountsįor example, this summary report shows the total net income amounts - on the worksheet, and in a line chart. At the end of each month, fill in the actual amounts for income and expenses. At the start of the fiscal year, enter forecast amounts for each month. This Excel template example uses a simple budget setup:
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