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Excel sheet that calculates expenses based on multiple income streams

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Budget and Expenses Excel sheet

Calculates your end of month net income after taxes, bills and expenses.


Formulas used in this excel:

  • Sum of all Bill and Incomes.
    • =SUM(G12:G33)
    • =SUM(I4:I7)
  • Tax deduction of varying percentage.
    • =(G7-(H4*G4))
  • Difference from Income and True bill amount.
    • =SUM(I8-[@[True_Amount]])
  • Nested "IF" condition. Determines deduction amount from income if optional "active" or "Split" values selected.
    • =IF(D9="YES",IF(E9="YES",F9/2,F9), F9-F9)

! No Macros included !



Example of blank template

chart1



Example of a completed Budget sheet

chart2

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Excel sheet that calculates expenses based on multiple income streams

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