Google Sheets Monthly Budget Templates | Smartsheet (2024)

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By Andy Marker | March 10, 2022

We’ve compiled a collection of the most helpful monthly budget templates for Google Sheets, the ideal file format for small businesses.

Included on this page, you’ll find a monthly income and expense report template, a simple monthly budget template, a detailed business budget template, and a personal monthly budget template, as well as tips for what to include in a monthly budget template.

Simple Budget Template

Google Sheets Monthly Budget Templates | Smartsheet (1)

Download Simple Budget Template
Google Sheets | Smartsheet

This template provides a quick overview of income and expenses. Simply enter numeric data, and the template will provide you with a graphical representation that you can use for reports or presentations. Use this template when you need a simple money management tool for your business or household.

Check out our comprehensive roundup of small business budget templates for all of your company’s financial needs.

Personal Monthly Budget Template

Google Sheets Monthly Budget Templates | Smartsheet (2)

Download Personal Monthly Budget Template
Google Sheets | Smartsheet

When you have clarity about your personal finances, your saving and purchasing decisions are much easier. This monthly budget template includes categories for income, savings, and specific home and transportation expenses to give you a clear picture of your financial health. Enter your projected and actual figures, and the template will automatically calculate the difference so you can budget successfully.

You can find more budget templates for Google Docs and Google Sheets to help you with any financial planning needs.

Weekly Budget Template

Google Sheets Monthly Budget Templates | Smartsheet (3)

Download Weekly Budget Template — Google Sheets

Use this weekly budget template to gain a more detailed look at your business expenses and income. This template provides space to enter all types of expenditures and earnings on a weekly basis, and it automatically calculates monthly totals. The weekly breakdown is especially valuable in identifying smaller-scale trends that inform your company’s larger financial landscape.

Visit our collection of free Google Docs budget templates for any business or personal need.

Monthly Income and Expense Template

Google Sheets Monthly Budget Templates | Smartsheet (4)

Download Monthly Income and Expense Template
Google Sheets | Smartsheet

This expense tracking template captures all of your small business income and expenditures in one easy-to-use form. Input data into the pre-built income and expense categories, both of which are customizable to fit your needs. The template provides a separate tab for each month for more detailed accounting, and it automatically calculates running and year-to-date totals so you can easily view them at a glance.

For more budget templates, check out free top budget templates for Microsoft Excel.

Household Budget Template

Google Sheets Monthly Budget Templates | Smartsheet (5)

Download Household Budget Template
Google Sheets | Smartsheet

budget template is ideal for planning and executing your family’s financial plan, and allows you to track expenditures and savings in a wide variety of categories. Use this template to help plan for college, save for a family vacation, or just gain a complete view of your household’s financial health.

Browse many more free Google Sheets budget templates to find one that precisely fits your needs.

Business Budget Template

Google Sheets Monthly Budget Templates | Smartsheet (6)

Download Business Budget Template
Google Sheets | Smartsheet

Track expenses and create clear financial forecasts with this business budget template. Customize income and expense categories to fit your business needs, keep tabs on your budget with monthly and yearly totals, and compare your forecasted budgeted numbers with actual receipts in this easy-to-use template.

View our collection of monthly budget templates for more helpful budget documents.

What Is a Google Sheets Monthly Budget Template?

A Google Sheets monthly budget template is a tool to forecast and track expenses, income, and liabilities for a business, organization, or household. A template provides a clear view of your financial standing and helps track your expenditures in detail.

Having an organized and complete picture of your budgeting needs is important for any business to succeed. Using a template allows you to track your financial standing in many common categories, and most templates can be customized to meet your specific needs.

Monthly budget templates typically include the following:

  • Expenses: Enter costs of all types and customize categories as needed.
  • Income: Track income of any type, including sales, dividends, reimbursem*nts, or interest.
  • Operating Expenses: Track specific costs related to the operation of your business.
  • Payroll: View payroll costs, including salaries and benefits.
  • Weekly, Monthly, or Yearly Tracking: View income and expenses by week, month, or year.

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Google Sheets Monthly Budget Templates | Smartsheet (2024)

FAQs

Does Google Sheets have a monthly budget template? ›

Google Sheets has a few free budget template options for budgeting, such as an annual budget template, a monthly budget template, and an expense report.

Is Google Sheets good for a budget? ›

Google Sheets offers a powerful and flexible platform for building and maintaining your personal budget. You can create your own free budget template in less than an hour. And by building your own budget, you'll gain insights about your money mindset, and the financial goals important to you.

What is the budget vs actual template in Google Sheets? ›

The Budget vs Actual Dashboard Template in Google Sheets is designed to help businesses and individuals monitor their financial performance effectively. By comparing budgeted figures against actual figures, this template provides a comprehensive view of how well financial plans are being adhered to.

Does Google have a budgeting tool? ›

Once your Google account is set up, you can explore the wide variety of budget templates available in Google Sheets. These templates are designed to suit different financial needs and preferences.

How do I create a monthly budget template? ›

How to create a budget spreadsheet
  1. Choose a spreadsheet program or template.
  2. Create categories for income and expense items.
  3. Set your budget period (weekly, monthly, etc.).
  4. Enter your numbers and use simple formulas to streamline calculations.
  5. Consider visual aids and other features.

What is the 50/20/30 budget rule? ›

Key Takeaways. The 50-30-20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do. The remaining half should dedicate 20% to savings, leaving 30% to be spent on things you want but don't necessarily need.

What are 2 pros and cons of Google Sheets? ›

Sheets is also better for collaboration. It's easy for multiple people to work on the same document and use Sheets' chat feature to communicate. Unfortunately, Sheets starts struggling the more data you add to it. Large spreadsheets can be very slow to load and edit.

Do companies prefer Excel or Google Sheets? ›

Yet, despite its clear shortcomings, Excel remains the preferred spreadsheet software in the business world.

Why is Google Sheets not as good as Excel? ›

Excel's strength lies in advanced features and data analysis. Consider collaboration needs and task complexity when choosing. Google Sheets has a large library of formulas, but lacks some statistical tests and functions. It's a good choice for basic data analysis, but it may not be suitable for more complex analyses.

Should I use a spreadsheet for budgeting? ›

Using a budgeting spreadsheet can help make your financial health a priority by keeping spending in check and savings on the rise!

How do I organize a budget in Google Sheets? ›

Once you're in Google Sheets, locate the search bar and type "budget template." Hit enter, and Google Sheets will present you with a selection of pre-designed budget templates. Choose one that aligns with your preferences and goals by clicking on it.

Why use a budget template? ›

Set Realistic Goals: Setting realistic spending limits and savings goals is important to the success of your budgeting efforts. Use your budget template to set realistic goals for saving money, paying off debt, and reducing expenses. Avoid pushing too hard so you'll be more motivated to stick to your budget.

How to create a monthly spending tracker in Google Sheets? ›

Here's a guide for creating expense reports.
  1. Step 1: Open Google Sheets. Go to Google Sheets (sheets.google.com) and create a new spreadsheet.
  2. Step 2: Set up your headers. ...
  3. Step 3: Enter your expense data. ...
  4. Step 4: Add totals. ...
  5. Step 5: Customize your template. ...
  6. Step 6: Save your template.
May 1, 2024

Which software is best used to create a budget? ›

Best free budgeting tools
  • Best free budgeting app for beginners: Goodbudget.
  • Best free budgeting app for investors: Empower.
  • Best free desktop software for small business owners: GnuCash.
  • Best free budging app if you use VantageScore: SoFi Relay.
  • Best free budgeting app for managing subscriptions: Rocket Money.
6 days ago

Can you connect a bank account to Google Sheets? ›

A Google Sheets™ add-in that imports your bank transactions automatically. BankToSheets has transformed how I manage my family budget seamlessly within Google Sheets. With a straightforward setup process, this add-on connects my bank accounts through Plaid, allowing real-time updates directly into my spreadsheet.

Does Google Sheets have a monthly calendar template? ›

Google Sheets offers a variety of simple monthly calendar templates that cater to different needs, from basic scheduling to detailed financial planning.

How do I create a monthly checklist in Google Sheets? ›

Open a new Google Sheet. In the first row, enter the title of your checklist. In the second row, enter the items that you want to include in your checklist. In the third row, enter a checkbox for each item by clicking on the “Insert” menu and selecting “Checkbox.”

How do I get monthly data in Google Sheets? ›

Select your data range, including the converted month column, and click on "Data" \u003e "Pivot table." In the Pivot Table editor, drag the converted month column to the "Rows" section to group your data by month.

How to do monthly payments in Google Sheets? ›

How to Use the Loan Payment Formula in Google Sheets
  1. Label Cells for Loan Details and Input Data. ...
  2. Calculate Monthly Interest Rate in a New Cell. ...
  3. Apply the PMT Function to Determine Monthly Payment. ...
  4. Review Monthly Payment Result for Loan Repayment Plan. ...
  5. 6 Zapier Alternatives.
  6. 6 Zapier Alternatives.

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