How to Build a Monthly Income and Expense Budget Schedule in WPS Spreadsheets
Question details
This article explains how to create a monthly budget schedule that totals expected income, expenses, and the money remaining after regular costs.
- Product
- WPS Spreadsheets
- Device & OS
- not provided
- Scenario
- The user wants a reusable spreadsheet budget tracker to record monthly income and expenses and see the available balance.
- Observed behavior
- The desired result is a monthly summary showing total income, total expenses, and money remaining after regular costs.
Gather your monthly income amounts and recurring expense categories. Decide whether to start from a built-in budget template or create a blank worksheet with your own transaction columns.
Use a built-in budget template in WPS Spreadsheets
Best when you want a ready-made monthly budget with formulas, categories, and formatting already set up.
WPS Spreadsheets includes access to budget templates that work with Excel-compatible workbook files. You can replace the sample data with your own income and expense figures, and the template formulas update the totals automatically.
In WPS Spreadsheets, click File > New, then search for "budget" in the template search box.
Choose a template such as a monthly budget, personal budget, or household budget, and click to create it.
Replace the sample values with your expected monthly income and expense amounts in the template cells.
Check the template summary area to see total income, total expenses, and the money remaining after regular costs.
Create a custom monthly budget with SUMIFS
Use this when you need full control over transaction categories, date ranges, and monthly totals.
Create a Monthly Income and Expense Budget Schedule in WPS Spreadsheets
You can build a complete monthly budget schedule directly in WPS Spreadsheets. Use a built-in budget template for a fast start or create a transaction table with SUMIFS formulas for custom monthly totals, then save the workbook in Excel-compatible .xlsx format.
- 1. Open WPS Spreadsheets: Launch WPS Office and create a new spreadsheet from the home screen or File menu.
- 2. Choose a budget template or blank workbook: Select File > New and search for budget, or open a blank workbook to build a custom budget schedule.
- 3. Enter your monthly income and expenses: Fill in your expected income and regular expense amounts in the template or transaction table.
- 4. Review monthly totals: Check the summary cells to see total income, total expenses, and money remaining after costs.
- 5. Save in Excel-compatible format: Click Menu > Save As and choose .xlsx to keep the budget file compatible with Microsoft Excel.
Frequently Asked Questions
Can I use an Excel budget template in WPS Spreadsheets?
Yes. WPS Spreadsheets supports Excel .xlsx files and many Excel budget templates, so you can open the template and replace the sample data with your own amounts.
What formula totals income or expenses for only one month?
Use SUMIFS. For example, =SUMIFS(amount_range, type_range, "Income", month_range, "January") adds only the January income rows.
How do I calculate the money remaining after regular costs?
Create totals for income and expenses, then subtract total expenses from total income in a summary cell, such as =Total_Income - Total_Expenses.
Does WPS Office have a free monthly budget template?
Yes. Open WPS Spreadsheets, click File > New, and search for "budget" to browse free built-in templates.
How do I save a WPS budget schedule so it opens in Microsoft Excel?
Click Menu > Save As, choose Excel Workbook (.xlsx) as the file type, and save the file to your preferred location.
