Welcome to the next section of this Excel for Beginners, during this section we are going to take-a-look at using and creating Microsoft Office templates and specifically within Excel.
So, I have still got the monthly budget open, We are going to talk about utilizing one of the built in templates before we create one of our own. But first the idea of a template is reusability. I have got a specific report that I have got to create every week, and this happens literally every single week Friday end of the day I got to spit out this report. The report looks so similar. Each week really the only difference is I have got new data for each week, but other than that it is the same headers. It is the same layout it is the same colors that is all the same. Now what I see a lot of people do is every week they reinvent the wheel. They rebuild that report from scratch. What a hassle and what a waste of time. Instead of that we create a template, template holds the basic structure the basic lay out the basic elements that we need that every report needs and every time you want to use it every Friday that rolls around, We just create a new document based on that template.
Now within Microsoft Office each of the Office applications including Excel come with some predefined templates things that Microsoft has built for us that we can use.
I am going to go up to my File tab on top of my screen. I am going to go down and new as I go into new, I am presented with a bunch of templates things that I can already take advantage of. I have got one in here called an inventory list one for one comparison calculators personal expense calculator. I have got a student calendar I got all sort of family budgets monthly. So, we just created wasn’t it got all sorts of templates that we can use here. I am going to grab one of them.
Now a lot of the templates are now found online through office.com. So, you are going to need an internet connection in order to build to grab a lot of these templates, They are free. You have got a copy of Excel, They are free to use. So, I mean it creates this so take a moment just to download.
Lots of templates built in hundreds of templates they are found on mine and they are all free to use, Do not reinvent the wheel. Do not build it from scratch, Just use a template. Try this out. Go to the File tab, New and you grab a template maybe search for something that is relevant to you, Maybe it is a budget maybe it is a loan maybe it is something else. Whatever it is do a quick search see if they got one for you. Create it, Plug in the data see what you get.