Travel Budget

My Budget & Expenses Where are my total expenses going?

Total Budget Category % Amount

€ 4,000 Transportation 51% 2,295

Total Expenses Lodging 17% 760

$4,535
€ 4,535 Food 19% 840

Budget Deviation Entertainment 6% 260

€ 535 Other 8% 380

Budget Deviation%

13%
Summary

The highest unit cost € 300

The lowest category amount € -
The average category amount € 206

What are my expenses?

Total Expenses € 4,535

description category quantity unit cost amount

Flights Transportation 4 € 300 € 1,200
Taxi & Bus Transportation 19 € 50 € 950
Driving (miles, cost/mile) Transportation 46 € 1 € 26
Parking (days, cost/day) Transportation 8 € 15 € 120
Hotel (nights, cost/night) Lodging 8 € 95 € 760
Breakfast & Lunch Food 8 € 45 € 360
Dinners Food 8 € 50 € 400
Snacks and Drinks Food 8 € 10 € 80
Museum Tickets Entertainment 6 € 20 € 120
Live Show Tickets Entertainment 4 € 35 € 140
Maps and Guidebooks Other 4 € 45 € 180
Souvenirs and Gifts Other 4 € 50 € 200
€ -
€ -
€ -
€ -
€ -
€ -
€ -
€ -
€ -
€ -
 2024 Budget Proje
$ 525,969 Jan Feb Mar 1st Q Apr May Jun
Gross Revenue 1.0% 3.0%
Sales $ 147,138 $ 144,735 $ 141,008 $ 432,881 $ 158,312 $ 155,734 $ 157,788
Shipping 26,700 26,970 27,240 80,910 28,060 28,900 29,770
Gross Revenue 173,838 171,705 168,248 513,791 186,372 184,634 187,558
88,815 91,048 90,651 92,052 100,301 97,465
Cost of Goods Sold
Goods $ 82,850 $ 83,992 $ 85,844 $ 252,686 $ 88,597 $ 96,443 $ 93,988
Freight 1,300 1,310 1,320 3,930 1,360 1,400 1,440
Miscellaneous 500 510 520 1,530 540 560 580
Cost of Goods Total 84,650 85,812 87,684 258,146 90,497 98,403 96,008
Gross Profit 89,189 85,893 80,564 255,645 95,875 86,230 91,551

Expenses
Advertising $ 18,400 $ 18,580 $ 18,770 $ 55,750 $ 19,330 $ 19,910 $ 20,510
Electricity 235 209 248 692 144 122 170
Food 268 232 276 776 160 134 186
Heat 217 186 221 623 122 98 130
Insurance 268 232 276 776 160 134 186
Interest 5,092 4,454 5,354 14,901 3,040 2,513 3,434
Legal Services 402 348 414 1,164 236 195 267
Office Supplies 938 824 994 2,755 562 464 632
Rent 3,082 2,691 3,229 9,002 1,832 1,513 2,066
Salaries 28,944 25,311 30,415 84,670 17,252 14,262 19,505
Taxes 1,474 1,288 1,546 4,307 874 720 988
Telephone 1,742 1,520 1,822 5,083 1,034 854 1,166
Training 670 592 718 1,979 410 342 470
Travel 1,206 1,056 1,270 3,531 722 598 818
Utilities 402 348 414 1,164 236 195 267
Water 221 197 235 653 137 116 162
Total Expenses 63,561 58,066 66,201 187,828 46,249 42,169 50,958

Net Profit $ 25,628 $ 27,826 $ 14,363 $ 67,817 $ 49,626 $ 44,062 $ 40,593

Net Profit% 15% 16% 9% 13% 27% 24% 22%
Performance

Answer following question with IF Function

1. If total year Net Profit higher than or equal to $1,000,000? If yes, then show "Meet Expectation", otherwise show "Below
Below expectation
2. If all quarters' Net Profit%>15%, then show "All quarter above 15%", otherwise check if total year Net Profit%>15%, if yes

all year above 15%

3. Use Vlookup to fill below summary, apply right value format to the results
Expenses 1st Q 2nd Q 3rd Q 4th Q TOTAL
Office Supplies 2755.2 1657.8 2560.2 2196.3 9169.5
Travel 3531.2 2137.9 3282.4 2757.5 11709
Utilities 1164 698.1 1091.7 927.3 3881.1
Interest 14900.8 8987.6 13781.7 11664.6 49334.7

Extra challenge 4. Which quarter has highest Gross Revenue? Use IF Formula

5. Please illustrate the criterion of question 2 into smart art as below

If total ye
Profit >=1,

Yes, "meet
expectation"

False, "B
expecta
24 Budget Projection
2nd Q Jul Aug Sep 3rd Q Oct Nov Dec 4th Q
2.0% 3.0%
$ 471,833 $ 161,584 $ 174,666 $ 183,849 $ 520,099 $ 201,668 $ 205,962 $ 215,354 $ 622,985
86,730 30,370 30,980 31,600 92,950 32,550 33,530 34,540 100,620
558,563 191,954 205,646 215,449 613,049 234,218 239,492 249,894 723,605
105,431 99,459 106,947 112,379 117,089 121,068

$ 279,028 $ 104,594 $ 98,475 $ 102,244 $ 305,312 $ 105,521 $ 113,568 $ 116,524 $ 335,613

4,200 1,470 1,500 1,530 4,500 1,580 1,630 1,680 4,890
1,680 590 600 610 1,800 630 650 670 1,950
284,908 106,654 100,575 104,384 311,612 107,731 115,848 118,874 342,453
273,656 85,300 105,072 111,065 301,437 126,488 123,644 131,020 381,152

$ 59,750 $ 20,920 $ 21,340 $ 21,770 $ 64,030 $ 22,420 $ 23,090 $ 23,780 $ 69,290

437 281 250 128 659 205 131 226 561
480 308 274 140 722 223 143 244 610
349 214 190 98 502 149 91 150 390
480 308 274 140 722 223 143 244 610
8,988 5,789 5,248 2,745 13,782 4,315 2,725 4,625 11,665
698 456 417 220 1,092 344 217 367 927
1,658 1,072 976 512 2,560 809 513 874 2,196
5,410 3,484 3,154 1,647 8,285 2,585 1,630 2,773 6,989
51,019 32,910 29,810 15,586 78,305 24,478 15,453 26,245 66,175
2,582 1,662 1,499 787 3,948 1,237 781 1,325 3,343
3,054 1,970 1,785 933 4,688 1,469 929 1,579 3,978
1,222 791 714 372 1,877 586 371 630 1,586
2,138 1,380 1,250 653 3,282 1,023 644 1,090 2,758
698 456 417 220 1,092 344 217 367 927
415 268 238 122 628 195 125 216 537
139,376 72,269 67,833 46,072 186,175 60,606 47,201 64,736 172,543

$ 134,280 $ 13,031 $ 37,238 $ 64,993 $ 115,262 $ 65,882 $ 76,443 $ 66,284 $ 208,609

24% 7% 18% 30% 19% 28% 32% 27% 29%

ctation", otherwise show "Below Expectation"

otal year Net Profit%>15%, if yes then show "Full year above 15%", otherwise show "Not meet Net Profit % target"
 If total year Net
Profit >=1,000,000

es, "meet
pectation"

False, "Below
expectation"
 TOTAL

$ 2,047,798
361,210
2,409,008

$ 1,172,639
17,520
6,960
1,197,119
1,211,889

$ 248,820
2,349
2,588
1,865
2,588
49,335
3,881
9,170
29,685
280,170
14,180
16,803
6,664
11,709
3,881
2,233
685,921

$ 525,969
22%

t % target"