Randy Austin’s Post

📢 I've recently worked on a Personal Budget Sheet that has significantly improved my budgeting skills and Excel proficiency. Here are some key learnings: 1) Excel Formulas: Mastered essential formulas like SUM, AVERAGE, and IF to automate calculations and gain insights from my financial data. 2) Data Validation: Used data validation to ensure accuracy and consistency in data entry, minimizing errors. 3) Conditional Formatting: Applied conditional formatting to highlight key metrics and trends, making the budget sheet more intuitive and visually appealing. 4) Budgeting Skills: Gained a deeper understanding of expense tracking, income management, and savings planning. A special shoutout to the Codebasics Excel Course for providing the tools and knowledge to create this robust budgeting sheet. Whether you're managing personal finances or looking to enhance your Excel skills, this course is a game-changer! #Excel #Budgeting #FinancialLiteracy #ContinuousLearning #Codebasics

Proud to showcase my latest project: A Comprehensive Monthly Budget Tracker built in Excel! 💼📊 This project highlights my ability to manage financial data, implement Excel functions for automation, and create visual insights through charts and graphs. It offers a clear overview of: Total income and expense tracking Category-based expense breakdown Automated calculations for real-time budget balance 🔑 Key Features: Automated income and expense tracking with Excel formulas. Visual representation of spending through pie and bar charts. Conditional formatting for easy identification of high expenses. A professional and clean interface that makes financial management simple and intuitive. 💡 This project is a great demonstration of my Excel skills and my ability to create useful, real-world solutions. Take a look at the screenshots and let me know your feedback! Thank you Codebasics! #Excel #DataAnalysis #Budgeting #Finance #SpreadsheetSkills #Visualization #daroadmap24

Hi Everyone! Excited to share this Monthly Budget Report I've prepared in Excel! 📈 Key Features: 🔹 Selection panel for choosing the month of the year 🗓️ 🔹 Specify start and end dates for monthly, weekly or bi-weekly reports 🔄 🔹 Cash Flow table summarizing In and Out flow 💰 🔹 Separate tables for Bills, Expenses and Debt with checkboxes ✔️ 🔹 Dynamic charts for budget vs actual expenditure 💡 🔹 Dedicated table for detailed expenses listing day-wise 📝 Key Learnings: 🔹 Learned how to perform data validation 📝 🔹 Got to know how to use conditional Excel functions ⚙️ 🔹 Understood the syntax of using lookup functions 🔍 🔹 Obtained in-hand practice of dealing with different charts and visuals 📊 🔹 Learned to apply basic formulas and formatting ✨ Portfolio Link: https://lnkd.in/gJ25WVeX GitHub Link: https://lnkd.in/gM4AZH5m I’m immensely grateful to Dhaval Patel , Hemanand Vadivel and Codebasics for the #daroadmap24 assignment and all the insightful resources! 🙌 Also, this report is inspired by the 'Budget Planner Spreadsheet' video from 'Haye Creatives' on YouTube. Would love to hear your feedback below! #Budgeting #Excel #DataAnalytics

Do you want to become an Excel expert? Then join our Excel course and learn Excel from the expert industry instructor. আমাদের এক্সেল লাইভ কোর্স এনরোল হতে হোয়াটসঅ্যাপ করুনঃ https://lnkd.in/ge3eBs_W ✓ Course Fee: 3,000 ✓ Online Course (Total 12 Classes) ✓ 30-Hours Long Course In this video, I have demonstrated a new P&L report design, using some effective Excel formulas such as CONCATENATE, INDEX, XLOOKUP, and OFFSET to track monthly and yearly variances. Loving the power of these tools to bring data to life! 📊💡 #AnalystSkill #Excel #ExcelMagic #DataDriven #financetools

#Budget analysis is the process of reviewing and evaluating financial data to track income, expenses, and savings. It helps identify spending patterns, control costs, and ensure alignment with financial goals. Why Use hashtag #Excel for Budget Analysis? 📌 Automates calculations with formulas. 📌 Provides clear visuals with charts and graphs. 📌 Simplifies large datasets with PivotTables. 📌 Enables scenario analysis with built-in tools. Best Practice ✅ Regular Updates: Update your budget weekly or monthly. ✅ Strong Naming Conventions: Label sheets and cells clearly. ✅ Save Templates: Create a budget template for repeated use. ✅ Use Built-In Templates: Go to File → New → Budget Template for pre-made layouts. Budget analysis in Excel isn’t just about tracking numbers—it’s about making informed financial decisions. With these tools and techniques, you’ll build a budget that’s both accurate and insightful. Happy budgeting! 🚀 #Budget #Analysis #ExcelTips #ExcelTutorial #ExcelSkills #DataAnalysis #ProductivityTools #MicrosoftExcel

Here's a technique to work with reports that have multiple months and columns for actuals/budget/variance going across the sheet. It uses SUM, OFFSET and SEQUENCE. #excel

Budget vs. Actual: Variance Analysis – My Approach Here’s a quick overview of the steps I used: Organized Data: Started by setting up a dedicated page to keep budget vs. actual data separate. Filtered Key Columns: Isolated income and expense columns, removing duplicates for accuracy. Summed Values with SUMIFs: Applied SUMIFs to total revenue and cost efficiently. Analyzed Variance: Compared budgeted figures against actuals to pinpoint any discrepancies. Created Visuals: Designed visuals to enhance clarity and make the data insights more accessible. These steps helped me streamline the analysis and communicate insights more effectively! Note: When working with large Budget, it’s crucial to apply structured formatting and advanced formulas to manage data seamlessly. #Finance #VarianceAnalysis #Budgeting #DataAnalysis #Excel #FinancialPlanning #BusinessIntelligence #DataVisualization #FinancialModeling #RevenueAnalysis #Efficiency #CostManagement #LargeData #SpreadsheetTips

💡 Let's talk about everyone favorite time of year, the end-of-year #budgets... Streamline your end-of-year budgeting by integrating with #PowerBI for real-time insights and advanced scenario analysis. As your strategic data partner, we can help implement and customize the tool, provide training and support, and leverage data-driven insights for informed #financial decisions. 💥 Close out the year with confidence. See our #AppSource listing for more information: https://lnkd.in/gmmkPMDZ insightsoftware Power ON - insightsoftware #finance #financialtools #budgetplanner

𝗠𝘆 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗕𝘂𝗱𝗴𝗲𝘁 𝗧𝗿𝗮𝗰𝗸𝗶𝗻𝗴 𝗗𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱 📊 Managing personal finances are more 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 than handling company’s finances 😄, and I found out 𝟰𝟯% of my colleagues are not tracking personal finances 🤷♀️. Hence, lost the control over spending and savings. So here we go, with simple tracking excel dashboard. 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝗠𝘆 𝗗𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱: • Budget View: Plan your monthly budget category wise (e.g., groceries, rent etc.) • Tracked View: Enter your daily expenses in this tab. • Visual Insights: Interactive charts to analyze spending trends. • Goal Tracking: Monthly savings targets and progress indicators. Drop your email in the comments for the excel template. 📩 Let’s talk spreadsheets and smarter money management! #PersonalFinance #ExcelDashboard #BudgetvsActual #FinancialGoals #Excel #MicrosoftExcel #DataAnalyst #BusinessAnalyst #BudgetDashboard