Posts Tagged ‘vlookup’

Daily Budget

February 15, 2010 Leave a comment

When creating a budget in excel whether it is for your personal finances, your business, or both the basic layout and structure is the same. Your columns describe your time line and your rows describe your categories or sources of income and expenses. If you are using something to track your income and expenses like QuickBooks or Excel then you will want to set up your categories in a manner consistent with what you have in that program.

The key to setting up a budget that works is really not just setting up a budget, but setting up something that is fun and easy to use as well as something that makes you check back with it regularly so that your attention is repeatedly placed on it. Otherwise you can overspend and then go back and say oops! Oh well, better luck next month! That won’t really help your situation though.

MS Excel makes it very easy to set up and customize your budget in exactly the manner that best fits your situation. It’s the flexibility of excel that makes it so great, and you can easily expand upon things to increase the level of detail.

Your budget will start to get real exciting when you begin to see the results. It’s sort of like working out at the gym. At first it is a chore, until people start noticing. Then it gets exciting. Well the budget gets exciting when you tie it up at the end of the month and see that you can transfer $1,000 to your savings account where you were never able to do that before.

In addition to learning how to set up a budget, this video tutorial teaches you a number of skills in excel – some simple, and some pretty advanced:

Simple formulas – addition, subtraction, and division

Weekday formula


Getting the date to light up when it matches today’s date

Conditional Formatting with a conditional formula embedded.

How to calculate and analyze your variances

Formatting to make it easy to read.

Please enjoy the video tutorial – MS Excel – Setting up a daily budget by clicking on the image:


How To Calculate Quantity Price Breaks

December 10, 2009 Leave a comment


If you are in the business of selling products then you will find this tutorial very useful. The excel template we go over here will enable you to lay out your price break ranges and set up a table so that you can populate an estimate that will look up the price when a quantity is entered and calculate the total taking into account that over certain quantities, the unit price goes down. In the web cast we teach you how to write the formula that accomplishes this. You can use this concept in a more sophisticated design of your own – or you can download the enhanced template from our learning center and use it however you like. The version in the learning center is a much more enhanced version that includes an estimate form you can populate with your own items in a drop-down. It also of course has a link to this tutorial so you can watch it as often as you need to.

If you sell products then you know it is a violation of UCC Code to charge different prices to different customers for products, unless you justify it with a quantity discount. QuickBooks will not calculate this for you – you would have to set up different items for each price level. At the same time it is very common to offer price break points as an inducement to get clients to purchase a larger quantity thereby increasing your total sales volume. You can adjust the prices as well as the break points. When you do purchase the template (Only $25.00 in our learning center) we recommend you save a master copy in case you mess up the formatting or just want to start over.

Please enjoy the web cast.


Timesheets – Conditional Formatting, Vlookup, & Weekday formula

August 26, 2009 Leave a comment

MS excel’s conditional formatting feature allows you to highlight data based on certain criteria and especially in MS Excel 2007 there are many options in terms of what you can bring to light and how.
Since time allowed we also gave you a bonus tip on this one – how to write a simple Vlookup formula on a named range so you can being in data from a set list based on other criteria.

This is useful in creating a timesheet as you will see because timesheets are very much dependent on having a date in there, and it is handy to have today’s date light up to bring attention to it. When designing forms it is always good to make it as easy as possible to use. Adding little bells and whistles like this can help your end user. Formatting goes a long way to, but we did not get into this. E-mail us at for a copy of the timesheet we use at Nerd Enterprises, Inc. as well as the sheet created in this video tutorial.

Please enjoy the video tutorial: