How to create an income and expense spreadsheet in Excel

Microsoft Excel is one of the most current spreadsheet software programs provided by Microsoft. It has many competitors, like Google Sheets, but we recommend you use MS Excel because it is very safe and secure. The chances of losing your data are less compared to Google Sheets. MS Excel was initially launched in 1987. It is available for both Android and iOS. Meanwhile, MS Excel reduces the efforts of the user and makes them comfortable with the work. MS Excel needs a Microsoft account to keep your data from being used by malware. How to create an income and expense spreadsheet in Excel

Noteworthy

• While using the given steps below, you should know all the basics of Microsoft Excel.
• Use the following steps carefully, because any wrong level results in you losing your data.
• All the steps that are prescribed below can be useful for Android and iOS.

How do I create income and expense spreadsheets?

“All the steps prescribed below are the same for the expense sheet as for the income sheet.” To create an income and expense spreadsheet, you should know all the necessary features and functions of Microsoft Excel.

Here are the steps to creating an income and expense spreadsheet.

1. 1. Open Microsoft Excel and make two sheets. One is for income, and the other is for expenses.
2. Then, name the first sheet, type the organization name at the top of the spreadsheet, and make five columns in it. These columns are S.no., Date, Transactions, Paid by, and Amount.
3. (This step applies to the expense sheet.)
4. Then, format the cells by clicking on Format at the top of the screen in the menu bar.
5. Use different forms like font style, font color, font size, bold, italic, underline, bullets, bullet type, and many more.
6. Then, enter the data regarding income and expenses.
7. After that, click on the file and then save the option.
8. Enter the name of the file and click Save. (Shortcut: Ctrl+S)

FAQ (Frequently Asked Questions)