personal finance with excel: how to use pibudget app
DESCRIPTION
User can input 10 main budget categories, and for each one of these breakdown to other 15 subcategories. Once done this first setup the program shows personalized categories and subcategories in a grid with space for a budget in each month: here user can easily setup monthly forecast for each subcategory. Once done with budget all the attention shifts towards being sure that budget is respected, which is done in the “Dues and Expenses” section, where user finds the following features: - Record expenses - Copy expenses to record similar payment multiple times - Enter due payments - Split due payments - Delay due paymentsTRANSCRIPT
PianificazioneIntelligente.com
Take control over your expenses with PIBudget App for Excel: How – To
Contents
How To – Download trial versionand practice
How To – Settings How To – Setup Monthly budget
Contents
How To – Download trial versionand practice
How To – Settings How To – Setup Monthly budget How To – Expenses
Record expenses Record similar expense multiple times Enter due payments Split due payments Delay due payments
How To - Actuals
Download Trial version
Download Trial version for free:http://www.pianificazioneintelligente.com/en/lp/pibudget-ssdownload/
And Start practicing now…
How To – Settings
First settings: Current Year
App version works with one active year per workbook. At the end of the year just “save as” the workbook to start next year.
CurrencySelect from menu
Demo user Name2014 Current Year
EUR Currency
How To – Settings
Budget categories: first we define the main categories of expenses we want to track
Budget sub-categories:se break down eachcategory in its detail
IncomeHearnings - husbandHearnings - wifeFinancial yeldsxxxx
------
HouseLoan/LeaseInsuranceMaintenanceTaxFurnitureAppliancesHouse cleaningAccessories
--
IncomeHouseUtilitiesTransportsFoodHealthPersonal expensesChildrenDebtGiftSavingsLeisure and hobby
Objectives
How To – Setup monthly budget
Your custom expense categories and sub categories are linked from settings sheet;
Insert monthly budget in colored cells
How To – Expenses Main Form
Top area with totals and indicators; Table to store paymentsBudget totals (takes the
values input in Budget section)
Settled payments: gives the sum of all payments don in each month
Expenses forecast (paid + dues) and available budget indicator.Dues and payment
register: this table stores the core information
Navigation – To activate this sheet
New Record
Expenses - Available functions 1
Copy record (useful to register similar expenses through time)
Delete
Expenses - Available functions 2
How To - Record Expenses
Click new or edit an existing row Input data and Select Category
Dropdown is populated with categories defined by the user in settings sheet
How To - Record Expenses
Select sub category
How To - Record Expenses
As a default paid is set to «No»
How To - Record Expenses
As a default paid is set to «No» Amount appears in forecasts
How To - Record Expenses
As a default paid is set to «No» Amount appears in forecasts
Available budget is updated
How To - Record Expenses
As a default paid is set to «No» Amount appears in forecasts
Available budget is updated
Available budget indicatorIs lowered
How To - Record Expenses
When paid is set to «ok» the amount adds up in the «settled» section
How To - Record similar Expense multiple times
Select a cell inside the record to copy Click copy command on the ribbon bar
How To - Record similar Expense multiple times
A copy of the record is created Edit due date and amount as needed
How To - Enter due payments
Due payment are entered exactly as the expenses and left with «No» in «paid» field
Forecast and available budget is updated in the corresponding month
How To - Enter due payments
The table can be filtered for time periods
Sorting is not possible due to sheet protection
How To - Split due payments
Select the record to split and click «copy» on the ribbon bar
How To - Split due payments
Change date and amount for the two records
How To - Delay due payments
This option is useful when: we are forced to delay a payment but we
want to keep track of the original due date;
we are performing some «what-if» with future expenses to optimize cash flow;
How To - Delay due payments
Input in the “Delay” column the number of days you want to delay
Forecast is put forward but original due date maintained
Every expense or due payment entered adds up in the forecast section.
Expenses are subtracted from Budget for each month and available budget is shown.
The colored bar in the cell shortens with the lowering of available budget
How To - Quick look monthly available budget
Go to Actuals sheet – Manual modeActivates a worksheet where you can manually input totals for each expense category per month
Got to Actuals sheet – Automatic mode
(recommended)This automatically collects data from input expenses.
Actuals – Available functions
How To – Compare budgeted to Actuals – Automatic mode
Data from recorded expenses are automatically collected
How To – Compare budgeted to Actuals – Automatic mode
Use month selector to isolate a specific month
How To – Compare budgeted to Actuals – Automatic mode
Use type selector to compute only paid expenses or to add paid and dues
In this sheet Actuals cells are modifiable so user can directly input total of the expenses
How To – Compare budgeted to Actuals – Manual mode
Download Trial version
Download Trial version for free:http://www.pianificazioneintelligente.com/en/lp/pibudget-ssdownload/
And Start practicing now…