I’m going broke and need to keep tab of my spending. I found that my computer has a 2003 Microsoft Excel program. When I open it it is tons of small boxes with numbers along the far left and letters across the top margin. How am I supposed to use this? Am I supposed to use another program to do a profit and loss statement? I thought it would be more like a left column and right column instead of just boxes…
Using Microsoft Excel, how do I make a profit and loss statement?
I’m going broke and need to keep tab of my spending. I found that my computer has a 2003 Microsoft Excel program. When I open it it is tons of small boxes with numbers along the far left and letters across the top margin. How am I supposed to use this? Am I supposed to use another program to do a profit and loss statement? I thought it would be more like a left column and right column instead of just boxes…
You can set it up any way you want. You can use one column to list your income and expenses and another column to input the numbers. At the bottom of the list, you can add the total of all the expenses and subtract that from the revenue amount. You don’t just have to add columns. You can subtract the sum of any columns from any other column. Excel has a pretty good tutorial. Just click on “help” and follow the instructions. It might seem tough to understand at first, but it’s not that hard.