PRACTICAL ASPECTS OF AUTOMATION PERSONAL BUDGET

Abstract

Analysis and understanding of aspects of the formation and use of funds has a great impact on economic development, social stability and effective management in the state, region, enterprise and personal finances. The purpose of managing the budget in the country is to ensure stable and effective management of the state's financial resources to achieve social and economic development and increase the standard of living of the population. Keeping a personal finance budget will help you know your financial situation, reduce the risk of financial problems and ensure effective cash flow management to achieve your own financial goals. Keeping a personal budget is an important element of financial planning and personal finance management, which will provide an opportunity to assess and control income and expenses and ensure financial stability. Income includes all financial receipts that can be allocated to spending and saving. Expenses are funds for various needs. It is important that expenses are less than income and that there must be savings (income remaining after all expenses). Therefore, budgeting is necessary to control all cash flows of income and expenses in order to maintain a balance between them and ensure financial stability. With the help of the Excel table editor and built-in functions, it is possible to independently develop and automate a template for managing your own budget, which in the future, if necessary, will provide understanding and the ability to create templates for different categories of the budget, depending on the receipt of funds and their use. The article is devoted to the practical aspects of personal budget automation using MS Excel spreadsheets. The stages and features of the development of the budget template are described, as well as the MS Excel functions that were used in the process of automating the developed template. Appropriate conclusions have been drawn.