If you enter values into the 'Budgeted Amount' and 'Actual Amount' columns of the above household budget template, the 'Difference' and 'Total' fields are automatically calculated. You can change the row labels to suit your own types of income and outgoings, and insert additional rows if you wish.
Some of the cells in the spreadsheet have been locked, to prevent you from accidentally overwriting the formulas in these cells. However, if you wish to have more control over the spreadsheet, you can unlock it by:
In current versions of Excel (2007 and later):
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In Excel 2003:
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The Excel functions and operators used in the above Household Budget spreadsheet are:
- operator | The subtraction operator is used to calculate the difference between the actual amount and the budgeted amount, for each entry in the spreadsheet. |
If function | Used to keep the 'Difference' column of the budget spreadsheet tidy. If no values are present in the corresponding cell of the 'Actual Amount' column, the entry in the 'Difference' column remains blank. Otherwise, the difference between the budget amount and the actual amount is calculated and displayed. |
Sum function | Used to calculate the totals at the bottom of the budget spreadsheet. |