=LET (Spend,SUMIF (T_Budget [Category],E2,T_Budget [Cost]),IFS (Spend>F2,"Over budget",Spend=F2,"Budget hit",Spend> (F2*0.9),"Near budget",TRUE,"Within budget")) Let's break the formula down to ...

If you’re trying to achieve financial independence or just keep better track of your money, you need to be using a budget. It’s non-negotiable. While there are plenty of budgeting apps out there, you ...

Creating a monthly budgeting and forecasting model in Excel is a crucial skill for effective financial planning and management. This step-by-step guide by Kenji will walk you through the process of ...

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Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Q. I am trying to create a formula in our accounting system, but I keep getting errors. What can I do to get the formula to work? A. All Excel users know how powerful formulas are, but sometimes it ...

Not everyone is an Excel spreadsheet expert and you may not always know how to write the formulas you need for a given data set. If you're having trouble figuring out the right formula for your data ...