Uses of Spreadsheets
- We use spreadsheets to arrange data in rows and columns so that we can easily compare the data.
- spreadsheets are also useful in performing calculations in table form.
- We can also use spreadsheets to sort and store information.
- We use spreadsheets to track grades, budgets or inventory.
Some Basic google sheets formulae that can help you to perform budgeting:
- Budgeting can’t be done without basic arithmetic operations that is multiplications, addition, subtraction and division.
- To get the total of a row or a column, we can use SUM formula (for example [ =SUM(B2:B10) ]the sheet application will do the sum of the B2 to cell B10).
- To get the sum of the range based on multiple criteria use SUMIFS formula [
=SUMIFS(Sheet4!F:F,Sheet4!D:D,????ills”,Sheet4!E:E,”Person 1″) ] - To get the average of a column or row, use the AVERAGE formula, such as
=AVERAGE(B2:B10). - To get the running balance of your income and expenses, use a formula that subtracts the withdrawals from the deposits in each row, such as
=SUMIF(A$2:A2,"Deposit",B$2:B2)-SUMIF(A$2:A2,"Withdrawal",B$2:B2).
How to Make a Budget Spreadsheet in Google Sheets
Google Sheets is a versatile and accessible tool that simplifies data management and analysis for millions of users worldwide. Creating a budget spreadsheet in Google Sheets is a fantastic solution for efficient financial planning and management. Whether you’re trying to save for a big purchase, manage household expenses, or track business finances, Google Sheets offers a flexible and powerful platform to organize your financial life.
Here we’ll see how to make a Budget Spreadsheet in Google Sheets either manually or by downloading templates.
How to Make a Budget Spreadsheet in Google Sheets
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