By Benjamin Guedry at August 16 2019 08:33:31
So what can you expect from budgeting worksheets in general? Their basic functions include being able to store data. With their organized sections, you can just write down the necessary information on your finances and the amounts of allocations of your expenses. With these data input, you can have your worksheets automatically compute everything and set out a budgeting plan for you and your entire household to follow. In some worksheets, you can even have additional features, such as planning for future purchase. For instance, if you dream to buy a new car or a new home by the end of the year, you can set your worksheet to have a clear and thorough plan in order for you to have the necessary amount you need when the year ends.
Linking by creating a formula. With this method you can create an inter_active link between worksheets or workbooks. The linked cells do not need to be in the same location on all worksheets. You can perform any math operation while creating the link. For example, you could take a figure from one worksheet, multiply it times a figure form another worksheet and then subtract a number from a third worksheet. You can use this method to link cells across worksheets or workbooks. One disadvantage of this method is that it is time consuming because you are working with one cell at a time. Using named ranges can assist with this method of linking and make it easier to read your formulas once they are created.