Simple Financial Application Excel – Update 23 May 2022: As of 30 June 2023, Money in Excel will no longer be supported. Please see our FAQs.
Managing personal finances can be a daunting task for many people, but having the right tools can help make it less difficult. While millions of people use Excel to track their budgets, manually updating your budget each month with recent transactions can be time-consuming. While organizing and tracking money is an important task for many of us, we want to help you make it easier to manage your budget in Excel. Today, with the launch of Money in Excel, we’re starting a journey to simplify your day-to-day financial decisions to help you stay on track with your long-term financial goals.
Simple Financial Application Excel
Money in Excel is a powerful, intelligent, Excel add-in that allows you to securely connect your bank, credit card, investment and loan accounts to Excel and automatically import your transactions and information into an Excel spreadsheet.
Introducing Money In Excel, An Easier Way To Manage Your Finances
If you are a current 365 Personal or Family member, go to this link to download the template. After downloading, open the Excel template
And follow the on-screen instructions to connect your financial information using a third-party payment processor supported by Plaid
(Plaid currently supports several US financial institutions). Once the information is verified, the workbook is updated with the most recent history.
Likewise, Money in Excel automatically imports your trading data from all your accounts into one workbook. No more spending hours manually setting up a personal financial statement from scratch; Money in Excel is made for you in seconds. And whenever you want to update your workbook with recent transactions, click on the Refresh button and get the latest snapshot of your transactions and information without leaving Excel.
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Once your trading data has been imported into Excel, it’s easy to keep track of your spending habits to help you stay on track and get closer to your financial goals. Use the “Snapshot” tab to get a quick overview of how you’re spending in different areas like groceries, furniture, rent, and more. With the help of easy-to-read graphs, you can quickly check how your monthly expenses compare. And to make sure you don’t know about any transactions you don’t like, Money in Excel will notify you of a posting fee increase, bank changes and surcharges, or any big sales recorded in the month.
We know that people often choose Excel to manage their money because it allows them to do it in a more personal way. With this in mind, we designed Finance in Excel to be easy to set up to suit your needs and goals. For example, if a transaction does not fit into an existing expense category, you can add it yourself. If you want to do a quick natural analysis, you can copy the relevant transactions into a new Excel sheet and use any of your favorite Excel features to make quick calculations. And while Money in Excel already includes charts created based on your transaction data, such as one for your recurring expenses, you can always create your own charts and tables and add them to the book.
From helping you track your monthly expenses to alerting you to rising subscription costs, Money in Excel makes it easy to manage your finances. We hope that by using Finance in Excel, organizing your finances will become more manageable and powerful. We can’t wait for you to try it and share your feedback with us.
Plaid is a third-party provider of discretionary financial accounting plugins to enable Finance in Excel.
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After you give Plaid permission to link a financial account to Money in Excel, Plaid will receive your account balance, transaction history and contact information, such as your name and address. Plaid will not have access to your 365 login information and will not share financial information with . Contact Plaid Whether you’re starting a business or looking for ways to grow an existing business, creating and following a financial plan can help ensure success. A good plan can inform business decisions, provide information to investors and other stakeholders, and serve as a guide to help you achieve your goals. Some businesses may choose to work with financial advisors or use financial management software, but for some teams, templates offer an easy way to begin strategic planning. Below you will find many examples of financial planning for both business and personal use.
These free templates are designed for users with a wide range of features and offer advanced features with ease. You’ll find examples for goal setting, financial modeling, budget planning, retirement calculations, and more.
This business finance model provides a combination of analytical and graphical data. You can calculate costs, track costs and see the differences, all summarized by month and displayed in graphs. This information will help you create a comprehensive financial business plan.
Designed for projects, this template lets you list costs for each project. Depending on the type of project, this may include hourly services provided by contractors, equipment costs, or other costs. Create a budget and then compare costs to help with financial planning for future projects.
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Use this sales forecast template to create financial statements for each product on a monthly and yearly basis. You can also see sales trends over time and compare data from previous years. Colored cells make it easy to see the data for each month, and the model calculates the number of months and years.
Whether you’re planning a conference, corporate party, fundraiser or wedding, any tool that helps you organize your event planning can reduce stress and help create a successful event. Here is an example of a budget that lists the various costs involved in an event, from renting the venue to programming and advertising. It also compiles the data you enter into visual maps so you can get a quick idea of your budget.
Create a budget plan with this Word template. You will find a basic outline to follow, including sections for a general description of your business or project, ideas, risks, financial management methods, and more. Once you have a comprehensive financial plan, use it as a living document, just like you would a business plan. You should regularly review and update your financial models to assess progress, provide accountability and accuracy, and ensure they continue to meet your needs.
This example provides a summary report of financial information and a dashboard view, making it easy to integrate and review information quickly. You’ll find a mix of bar charts, pie charts, and a chart to compare numbers over time. Use the app to measure product performance, view sales data, and compare annual revenue or other financial information. .
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If you are starting a business, this example can help you identify sources of funding and costs needed to improve your business. Similar to a budget template, you can check both estimated and actual costs and make adjustments if necessary. Identifying start-up costs can support your business planning process and help you secure sufficient financial resources to reach your goals.
Break-even analysis shows when the company will break even on all its costs and start making a profit. To do this analysis, enter your costs and your variables into the model and the first calculations will calculate the amount of cash available that the company needs to reach.
Create an annual financial report for your company that displays metrics in an easy-to-read format. Having a financial overview allows you to check your performance over a given period, and a summary report facilitates communication with partners. You can easily print and share this Excel template as a PDF document.
Create a complete marketing plan with monthly, quarterly and yearly data in one template. In the first column, you’ll find a list of marketing spend including social media, social media, advertising, online content, and more. There is also a section for listing special trade offers so you can calculate and compare prices for each.
Simple Financial Projections Templates (excel,word)
Individuals can also benefit from financial planning. This one-page template allows you to create a short but comprehensive personal financial plan. Determine your current financial situation, create an action plan to achieve your goals, and use the plan to track your performance and progress. If necessary, you can enter numbers for life insurance or purchase plans.
Families can use this plan to track household expenses and create a monthly budget. You’ll find a list of common expenses including housing, transportation, health, and entertainment, but you can also edit these categories to match your monthly expenses. The template also includes a savings section to help you plan for retirement, build an emergency fund, and track investments.
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