Skip to main content

House Building Expenses Formulas in Excel

Today we will discuss the Excel Worksheet Formulas for recording Monthly House Construction Expense Management.

Steps To Create Expense Management Excel Worksheet


  1. First of all, start MS Excel with a new workbook.
  2. Merge required number of cells in first row of worksheet.
       
Create Expense Management Excel Worksheet - Apply Merge and Center option

      3. Insert Word Art and type a suitable title heading in worksheet.
      4. Enter heading row.
      5. Enter data in worksheet.
      6. Apply the formulas and functions in worksheet as explained later.
       

Here is the list of expenses we have considered to be recorded.


Sr.
No
Item
1 Cement (Bags)
2 Bricks(Trolly)
3 Sand(Trolly)
4 Gravel(Truck)
5 Iron (Kg)
6 Marble(Square Feet)
7 Electricity Bill
8 Labour
9 Miscelleaneous



You can increase this list of expenses according to your wish. The Excel worksheet formulas are provided for the worksheet as shown in the figure below:

Monthly House Building Expenses Calculator Formulas in Excel
Monthly House Building Expenses Calculator Formulas in Excel


If you change the worksheet, it is not difficult to change the construction management formulas in Excel according to your expense list.

The formulas used in Construction Expense Management Excel Worksheet

The formulas used in Construction Expense Management Excel Worksheet are given as follows:

Excel Formula No. 1:

Amount = C3 * D3

Explanation:

First formula will be used to multiply Rate per Item Column Cell with Quantity Column Cell. We can easily check from the above figure of home expenses worksheet that the related column cells are C3 and D3. We use multiplication operator * to multiply these cell values. Don't forget to place = operator before typing the formula. We will insert formula by typing =C3 * D3 in cell E3. Remember that cell E3 is in the Amount (E) column.

Excel Formula for Calculation of Amount

 = C3 * D3

How To Copy Formula in the Cells Below


  • Type the formula in cell E3. 
  • Point to the lower right corner of this selected cell E3.
How To Copy Excel Formula in Lower Cells
  • The cursor will take the Plus sign shape.
  • Now keeping the left button pressed, drag the mouse downward selecting the cells you wish to copy formula in.
       
How To Copy Excel Formula in Lower Cells drag mouse
  • Release the left button of mouse.
  • You will see that formula has been copied and the results of formula appeared in the cells.
Calculate Monthly Building Expenses by Formulas in Excel Worksheet
Calculate Monthly Building Expenses by Formulas in Excel Worksheet

Excel Formula for Calculating Total Amount of All Expense

Type   = SUM(E3 : E11) in cell E12 and press Enter key. The formula will produce the resultant value. This result gives us the total monthly expense during a given month.
Total Expenses during month by excel formulas
Total Expenses during month by excel formulas



The total monthly expense  is shown below:
Total Monthly Expenses of Building by Excel Formulas



Comments

Popular posts from this blog

What are Different Types of Input Devices With Examples

Topic: Different types of input devices of a computer system with examples, pictures and explanation:  Topics Covered are: Definition of Input Devices Functions of Input Devices ( How input devices work? ) Examples of Input Devices Pictures / Images of different input devices Different Examples of Input Devices With Description Keybboard Mouse Trach Ball Trackpad Joy Stick Light Pen Microphone Scanner Graphic Tablet ( Digitizer ) Digital Camera Touch Screen ( I/O Device / Dual Device - Perform Both Functions input + Output ) INPUT DEVICES ( Definition ) Input devices are used to enter data and instructions into computer memory from external world. Input Device is a hardware part of the computer that is used to enter data and instructions into computer memory. The examples of input devices include: Keyboard, Mouse , Track ball, Track Pad, Joy stick, Touch Screen, Light pen,   Scanner , Digital Camera, Microphone, Graphics tablet e...

Explain Main Difference Between System Software and Application Software

Topic: Explain Main Difference Between System Software and Application Software            Differentiate between system software and application software Before , explaining the main differences between application software and system software, let us know the definitions of Application software and System software with examples. What is System Software: System software is a set of programs to control all components of computer and to manage overall operations of computer system. Differences between System software and application software System software is used as a base to install and run all application software. Examples of system software include: Operating Systems, like Microsoft Windows, DOS, Unix and Linux Device Drivers like Device driver software of a Printer (found on CD normally provided with the printer) Utility Programs like AVAST anti virus, Disk Scanners and File Viewers etc. What is Applicat...

Types Of Network Topology

Today, we will types of network topology . What is a Network Topology? Definition of Network topology is the shape of the network . It is the physical layout of connected devices in a network. It tells us how a network will look like. Network Topology ( Definition 2) : The way in which the connections are made among all the network entities is called the topology of the network. Network Topology ( Definition 3) :Network topology specifically refers to the physical layout of the network, e.g., the location of the computers and how the cable is run between them. Network Topology ( Definition 4) :The physical topology of a network refers to the configuration of cables, computers, and other peripherals. The characteristics of a network depend upon the network topology selected. types of network topology Explain different types of network Topology Different network topologies are as follows: 1. Bus Topology 2. Ring Topology 3. Star Topology 4. Tree Topolo...