Building a Budget In Excel

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Presentation transcript:

Building a Budget In Excel

Introduction When a patron asks you for help with Excel do you feel like hitting the panic button? This Photo by Unknown Auhor is licensed under CC BY-ND

Objective Learn and apply the beginning concepts of Excel by creating a budget

Let’s Review

Merge & Center

Entering Expenses

Assessment-Matching Pointer that allows you to copy values, formulas, or items in a series across cells Range Button that enables you to make one large cell out of two or more small cells Cell reference AutoFill Pointer with arrow going from left to right or up and down performs this function Resize Merge & Center Term used to describe a group of cells The column letter and row number designation for a cell

Totaling Expenses

Sort and Filter

Review-Fill in the Blank The ------------ inserts an addition formula and intuitively figures out the intended range you want to calculate. All formulas must begin with an ------------ Highlight the row ------------- where you want to insert a border. Use ------------- instead of numbers when creating a formula. Use --------------- button to put your expense items in alphabetical order. The -------------- command enables you to view only those expense items you want to see.

Finding Net Income

Formatting the Numbers

Adjusting Cell Height and Width

Other Ways These Concepts Can Be Used Monthly Statistics Sales Figures Preparing Invoices Can you think of any more?

Review-True/False Excel will revise your totals automatically if you have to change a figure in your budget. Budgets created in Excel must be rounded to the nearest whole dollar. The AutoFit feature resizes cells to just fit the data that is entered there. Excel spreadsheets are only used for creating budgets.

Sources for Help “Tell me what you want to do” or “?” Exercise for further practice

Final Review What are two time saving tools for creating a budget? What operators are used for creating the addition and subtraction formulas? How do you ask for help if you are having difficulty working in your spreadsheet? How do you personally plan to apply these skills to your work and/or daily life?

Good Job and Good Luck!