Surgent's Excel Budgeting Ideas

Overview

Budget methods are the key to allowing department managers to efficiently prepare their budget in Excel. For example, a budget method may be to spread prior year actuals or match prior year actuals, or match prior year actuals less 10%. In this webinar, we will explore how to allow users to pick a budget method from a drop-down list for each account and then have Excel perform different calculations depending on the budget method selected. We use several features and functions at the same time to pull this off. Even if you are not involved in the budgeting process, the underlying features and functions discussed have a wide range of uses.

Objectives

• Be able to set up an in-cell drop down
• Discover the function that enables us to change formulas depending on the budget method
• Name cells and ranges

Highlights

• Set up an in-cell drop-down list of budget methods 
• Change the calculations in the cells based on the selected budget method 
• Use names in worksheets

Designed For

Accounting professionals using Excel for Windows

Prerequisites

Basic knowledge of Excel for Windows

Preparation

None

Notice

To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange “Launch Event” button.