The Home Budget Calculator template, in the file Home Budget.xls, provides you with a convenient way to keep a budget. It automates some of the tasks, such as entering your paychecks and performing calculations of the totals. Let’s look at the parts of this template.
One worksheet in the Home Budget workbook is called Overview. On this worksheet the template displays the current balances in all your budget categories. You will not be entering or changing anything on this worksheet—it is all done automatically. This is where you will look to see how you are doing on your budget and whether a particular category has enough money in it for an expense you are considering. At the bottom is an Overall Total field that calculates the sum of all budget categories. The Overview worksheet is shown in Figure 5.1. This figure shows the worksheet after some data has been entered. When you first start, all values are 0.
Before moving on, please note that a new menu, Budget, has been added to the right end of the Excel menu bar. You use commands on this menu to carry out most of the template’s actions, as I’ll explain in the next sections. The Budget menu appears only when you have the Home Budget worksheet loaded and vanishes when you close the worksheet.
Taken From : Manage Your Money and Investments with Microsoft Excel
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