By Monika Muller at May 04 2019 18:46:48
Using the Consolidation feature. You can determine whether or not the link will be interactive when creating the consolidation. This method provides the greatest level of detail in the summary worksheet. You can choose between any function, not just the sum function. For example, you could create an average of several divisions in a summary worksheet. Some of the disadvantages of this method are that the worksheets must be identical. Although it is not impossible, it is difficult to use consolidation across workbooks.
So what can you expect from budgeting worksheets in general? Their basic functions include being able to store data. With their organized sections, you can just write down the necessary information on your finances and the amounts of allocations of your expenses. With these data input, you can have your worksheets automatically compute everything and set out a budgeting plan for you and your entire household to follow. In some worksheets, you can even have additional features, such as planning for future purchase. For instance, if you dream to buy a new car or a new home by the end of the year, you can set your worksheet to have a clear and thorough plan in order for you to have the necessary amount you need when the year ends.