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How do I do an entended budget, with only high and low figures?
I have a high and a low income or expense figure. I need to project the
budget for a 12 month period, based on these two figures, for each item. How do I do this? |
How do I do an entended budget, with only high and low figures?
I thnk that you are going to have to explain what you are trying to do a bit
more. -- HTH Sandy In Perth, the ancient capital of Scotland and the crowning place of kings Replace @mailinator.com with @tiscali.co.uk "Just Me Again!" <Just Me wrote in message ... I have a high and a low income or expense figure. I need to project the budget for a 12 month period, based on these two figures, for each item. How do I do this? |
How do I do an entended budget, with only high and low figures
I thank you for your post, Sandy. I am taking a softwares application class
that is exploring the new 2007 Excel program. My professor has assigned us to prepare a 12 month budget for a fictitious family. He provided an estimated income, including the lowest the two people could make in a month and the highest they could make in a month, as well as categories for expenses, also including the highest they would pay for each expense in month and the lowest they would pay in a month. I have no problem developing 4 possible budgets, using these figures in the possible combinations.(meaning highest combined income with the highest combined expenses, lowest combined income with lowest combined expenses, highest combined income with lowest combined expenses and lowest combined income with highest combined expenses) However, he wants us to produce a 12 month forecast, using these same figures. I was wondering if there was an option, in the new Excel, that could do a forecast for the next twelve months, using just the figures given, that would guestimate a possible budget for the 12 months. Have you heard of a function that would do this, using averaging or a graded schedule option? I hope this helps clear up my request. I truly appreciate anyone that can give me suggestions. Figuring out budgets using supplied figures is easy. Forecasting based on possibilities is not as easy. :) :( Sincerely, Just Me Again! (Lynda) __________________________________________________ __________________ "Sandy Mann" wrote: I thnk that you are going to have to explain what you are trying to do a bit more. -- HTH Sandy In Perth, the ancient capital of Scotland and the crowning place of kings Replace @mailinator.com with @tiscali.co.uk "Just Me Again!" <Just Me wrote in message ... I have a high and a low income or expense figure. I need to project the budget for a 12 month period, based on these two figures, for each item. How do I do this? |
How do I do an entended budget, with only high and low figures
Sandy, I thank you so much for taking the time to respond to my posting,
whether you knew the answer or not. It is nice that you at least let me know that someone out there was trying. As it turned out, I did not need to use a specific program. However, I did find out, through my many postings that there actually is a book and I think a CD that is specifically designed to do forecasting budgets. It is available through Amazon.com, Boarders and one other place that I did not recognize. The Amazon.com option was significantly less that the other places, as it usually is. I only order books and CD's or DVD's from Amazon any more. They also have free shipping on anything purchased from them. Amazon also has a program for people to sell their new or used product, for even more of a savings. It is really worth the look, if you do need to buy other programs. Again, thank you for answering and trying. I really appreciated it. Sincerely, Lynda G. Lindblom aka Just Me Again! "Sandy Mann" wrote: Lynda, I don't know of any such function in XL2007 but then I don't have that version. Perhaps someone that has 2007 will be able to tell you for sure. -- HTH Sandy In Perth, the ancient capital of Scotland and the crowning place of kings Replace @mailinator.com with @tiscali.co.uk "Just Me Again!" wrote in message ... I thank you for your post, Sandy. I am taking a softwares application class that is exploring the new 2007 Excel program. My professor has assigned us to prepare a 12 month budget for a fictitious family. He provided an estimated income, including the lowest the two people could make in a month and the highest they could make in a month, as well as categories for expenses, also including the highest they would pay for each expense in month and the lowest they would pay in a month. I have no problem developing 4 possible budgets, using these figures in the possible combinations.(meaning highest combined income with the highest combined expenses, lowest combined income with lowest combined expenses, highest combined income with lowest combined expenses and lowest combined income with highest combined expenses) However, he wants us to produce a 12 month forecast, using these same figures. I was wondering if there was an option, in the new Excel, that could do a forecast for the next twelve months, using just the figures given, that would guestimate a possible budget for the 12 months. Have you heard of a function that would do this, using averaging or a graded schedule option? I hope this helps clear up my request. I truly appreciate anyone that can give me suggestions. Figuring out budgets using supplied figures is easy. Forecasting based on possibilities is not as easy. :) :( Sincerely, Just Me Again! (Lynda) __________________________________________________ __________________ "Sandy Mann" wrote: I thnk that you are going to have to explain what you are trying to do a bit more. -- HTH Sandy In Perth, the ancient capital of Scotland and the crowning place of kings Replace @mailinator.com with @tiscali.co.uk "Just Me Again!" <Just Me wrote in message ... I have a high and a low income or expense figure. I need to project the budget for a 12 month period, based on these two figures, for each item. How do I do this? |
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