Excel Made Clear: Budget Spreadsheets

Excel expert David Ringstrom, CPA, shows you how to create resilient and effective budget spreadsheets in this illuminating presentation. He shares helpful techniques, such as how to separate inputs from calculations, streamline formula writing, preserve key formulas, create both operating and cash flow budgets, and implement several key Excel functions.

David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Office 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.

Office 365 is a subscription-based product that provides new-feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on.

What You Will Learn

  • Saving time writing formulas by choosing named ranges with the Use In Formula command.
  • Utilizing Excel's Name Manager feature to review and manage named ranges within a workbook.
  • Crafting formulas to compute gross margins, projected sales, commissions, and related amounts.
  • Employing the SUMIF function to sum values related to multiple instances of criteria you specify.
  • Preserving key formulas using hide and protect features.
  • Mastering the IFERROR function to display alternate values in lieu of a # sign error.
  • Using range names to streamline formulas and bookmark key inputs within a workbook.
  • Building operating budgets quickly based on detailed supporting schedules that provide an audit trail.
  • Crafting formulas to compute gross margins, projected sales, commissions, and related amounts.
  • Building operating budgets quickly based on detailed supporting schedules that provide an audit trail.
  • Improving the integrity of spreadsheets by using SUMIF to look up values in a more flexible fashion than VLOOKUP.
  • Using range names to streamline formulas and bookmark key inputs within a workbook.

Who Should Attend?

Practitioners seeking to build budget spreadsheets that can be updated effortlessly and that contain easy-to-follow supporting calculations.