Excel Magic (Part 5): Building Interactive Budgeting Model in Excel (Video) (Course Id 2220)

The course is presented in three parts.

First, the course reveals the 3 environments forecasts and budgets are made and compare each one of them.

Next, the course presents 6 challenges in budget modeling and reporting. They include:

• How to accommodate Operation Team’s need to work from Excel while all budgets are in the Planning system?
• How to build an interactive budgeting model in Excel?
• How to write into a PivotTable?

Last, we provide 6 solutions to the above 6 challenges in budget modeling and reporting. They include:

• Building an interactive budgeting model that allows the Operation Team to make changes to forecasts and budgets and see the results instantaneously
• Building an “editable” PivotTable that allows Operation Team to put forecasts and budgets directly in the PivotTable report
• Consolidating Actuals, Forecasts and Budgets from different data sources by using Power Query
• Building integrated Slides from Excel Reports

Course Learning Objectives

• Understand when and how to build an interactive budgeting model in Excel
• Identify reasons in building a PivotTable report vs a regular report with formulas
• Discover techniques on building an “editable” PivotTable
• Understand ways to report budgets from the System using a PivotTable
• Explore methods of consolidating Actuals and Budgets from multiple data sources