Budget and Other Auto-Templates in Excel: Explained

In this article, you will learn how to create and use the built-in templates for quickly creating budget, calendar, invoice, etc. in Excel

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What are some of the automatic templates available in Excel?

Excel offers several built-in templates that provide pre-designed formats and structures for various purposes. These templates provide a starting point for your specific tasks, saving you time and effort in setting up the layout and structure from scratch. They simplify the document creation process, save time and effort, and ensure consistency and professionalism. They are valuable tools for both individuals and businesses, providing a foundation for efficient data management, analysis, and reporting.

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How to use the auto templates available in Excel?

To use auto templates in Excel, follow these steps:

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Step 1: Launch Microsoft Excel on your computer and Click on "File" or the Office button: Look for the "File" tab at the top left corner of the Excel window in newer versions (Excel 2010 and later), or the Office button in older versions (Excel 2007). 

Step 2: In the menu options, look for "New" or "New from Template" and click on it. This will open the template gallery.

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Step 3: In the template gallery, you can browse through the available templates or use the search bar to find specific templates. The templates are organized into different categories such as budgets, calendars, invoices, project management, and more.

Step 4: After selecting a template, click on the "Create" or "Download" button (the exact wording may vary depending on your Excel version). This will open a new workbook based on the selected template and will be populated with the template's predefined structure and formats. You can now customize the template to suit your specific needs. Modify the existing content, add or remove columns, change colors, adjust formulas, and add your data.

Step 5: Once you have customized the template to your satisfaction, click on "File" > "Save" to save the customized workbook. Choose a location on your computer to save the file, provide a name, and click on "Save".

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Sample Templates available in Excel

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Please see the following information provided on the sample templates available in Excel

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Budgets 

Excel provides templates for creating personal, household, or business budgets. These templates include predefined categories, expense tracking tools, and calculations to help you manage your finances effectively, monitor your financial situation and plan for the future.

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Calendars 

Excel offers templates for creating calendars for different time periods, such as monthly, yearly, or academic calendars. These templates often include features like automatic date formatting, customizable layouts, and the ability to highlight important dates.

To-Do Lists

Excel provides templates for creating to-do lists or task trackers. These templates include columns for task descriptions, due dates, priority levels, and completion status. They can be helpful for managing personal or work-related tasks and staying organized.

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Invoices

Excel provides templates for creating professional-looking invoices. These templates include sections for item descriptions, quantities, prices, taxes, and automatic calculations of totals. They can be customized with your company logo and contact details.

Timesheets

Excel offers templates for creating timesheets to track employee hours worked. These templates include sections for daily or weekly entries, overtime calculations, and total hours worked. They can be customized to suit different work schedules and pay rates.

Sales and Inventory 

Excel provides templates for managing sales and inventory. These templates include sections for tracking sales, inventory levels, product details, and calculations of revenue or profit. They can be useful for small businesses or individuals managing product-based operations.

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