I'm trying to create a customized personal expense report on Google sheets . If anyone has suggestions for a better approach, I'm open to to ideas!
In one column Category, I have option to select category with a drop down - Restaurants, Rent, Electricity etc. The column Value on the next to it holds the an integer value.
On a the same sheet, I have a column where all categories are defined. In the column Limit next to it, is the maximum integer value for each category. The next column Balance holds the remaining value (Limit - Sum of all Value matching Category)
My question is - when I add an entry in sheet 1 for any category with a value, how do I subtract the Value added from the respective Category to show the remaining balance from Limit in Balance column? As I keep adding items, the Balance field should get updated.
TABLE 1
Item Category Value
i1 Rest 100
i2 Rent 50
..
..
TABLE 2 (In same sheet somewhere adjacent to the above table)
Category Limit Balance
Rest 500 400
Rent 1000 950
..
..
Try using this:
=IFNA([limitcellname]-SUMIF([rangeofcategories],[categorycellname],[expensevaluerange]),[limitcellname])
Range of categories = column where all categories are listed in the expenses table. E.g- B:B if B column has expense categories
expense value range = column where all expenses are listed in the expenses table. E.g- C:C if expenses values are in C column
category cell name is the category cell in the balance table
limit cell name is the limit cell
This should work for your purposes