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Need help with a spreadsheet calculation

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  • lisa110rry
    lisa110rry Posts: 1,794 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    edited 29 October 2015 at 4:23PM
    First of all, you will need a formula which takes into account the fact that different months have differing numbers of days. I use this one for timesheets:

    =IF(A7<>"",IF(MONTH($A$7)=MONTH(A7+1),A7+1,""),"")

    Where A7 is simply the first day in the month.

    ps this is my humdinger of a formula, my very favourite!
    “And all shall be well. And all shall be well. And all manner of things shall be exceeding well.”
    ― Julian of Norwich
    In other words, Don't Panic!
  • System
    System Posts: 178,339 Community Admin
    10,000 Posts Photogenic Name Dropper
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • If you put all your bank transactions into a sheet, it's simple to calculate the balance - even to display in a graph. It also helps to identify possible errors in your statements. Start with columns matching your bank statement, then add columns to categorise expenses, e.g. 'wages', 'other income', 'utilities', 'food', etc, and you can easily calculate subtotals - monthly, quarterly or yearly. (use 'subtotal' function, so not included twice).
  • Lakeuk
    Lakeuk Posts: 1,084 Forumite
    Part of the Furniture
    Try budgeting app like http://www.moneymanagerex.org - it's supposed to support budget forecasting, though I've not tried that feature out.
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