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Creating and Managing a Budget in Excel®
January 18 @ 1:00 PM - 2:00 PM EST$99
Learn how to build business budgets in a logical and structured manner.
A sound business budget can help you effectively manage resources. Budgeting provides a systematic way of reviewing estimated results with actual results and setting realistic goals. An Excel spreadsheet is a valuable tool for managing these results. When building your budget, the first decision you need to make is whether you want to use an Excel template or build from scratch. Either method has pros and cons. Using a custom template gives you a structure from which to work. However, some of Excel’s templates are now outdated. In this topic, you will learn how to build a budget from scratch using today’s best practices as we explore templates and how they work. Learn how to build business budgets in a logical and structured manner, apply today’s visual techniques and interactive spreadsheets, use conditional formatting to highlight variances to your budget, and create sparklines to show trends over multiple periods. This material will also provide a demonstration of what-if scenarios.
- You will be able to describe the process of budgeting.
- You will be able to explain how to build your budget in Excel.
- You will be able to discuss importing data.
- You will be able to explain the forecast tool.
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