Description

You’ll learn from Excel expert David Ringstrom, CPA, how to create effective, resilient, and easy-to-maintain budget spreadsheets in this comprehensive webcast. David shows you how to separate inputs from calculations, build out a separate calculations spreadsheet, create both an operating and a cash flow budget, transform filtering tasks, and much more.

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.

Your Benefits for Attending:

• Protecting sensitive information by hiding formulas within an Excel workbook.
• Crafting formulas to compute gross margins, projected sales, commissions, and related amounts.
• Mastering the IFERROR function to display alternate values in lieu of a # sign error.
• Copying formulas efficiently down one or more columns at the same time.
• Building formulas faster by way of the Use in Formula command.
• Improving the integrity of spreadsheets with Excel’s VLOOKUP function.
• Using the SUMIF function to summarize data based on a single criterion.
• Building operating budgets quickly based on detailed supporting schedules that provide an audit trail.
• Preserving key formulas using hide and protect features.
• Accessing free downloadable budget templates that can be customized as needed.
• Employing the SUMIF function to sum values related to multiple instances of criteria you specify.

Learning Objectives:

• Define how to isolate all user entries to an inputs worksheet while protecting all calculations and budget schedules on additional worksheets.
• Apply range names and the Table feature to create resilient and easy-to-maintain spreadsheets.
• Identify how to calculate borrowings from, and repayments toward, a working capital line of credit.