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Splitting a bank account

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    Splitting a bank account

    Hi. I have a savings account that i want to keep track of using Excel. Instead of doing multiple savings accounts I want to have just one savings account but use Excel to split it into 3-4 categories.

    I am wondering is someone knows how to do this. Lets say i have $4000 in my savings account. I want to enter the amount in excel and split that into categories like Car fund, House Fund, and General Savings. I would like it to split it like 10% to Car Fund, 10% to House Fund, and 80% to General Savings.

    I would also like to be able to input deposits and have it automatically split it up into the different categories. I would also like to be able to deposit into each separate category without it splitting between all of them.

    I dont know enough about Excel to make this on my own but if it is possible to create it would be a great way for me to manage my savings account without having to open multiple savings accounts. Thank you.

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    Forum Expert Mordred's Avatar
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    Re: Splitting a bank account

    Wow, great question and I cannot wait to see an answer. I was able to work this out up until the deposit aspects of your question, but from there I am a little lost (for the moment). I think you'll required more, especially for when you need to withdraw money. Give this some time and the gurus in here will have you squared away!

    Cheers

    PS, if you want what I have thus far, which isn't much, let me know. Or you can wait until either I or someone else figures it all out.
    If you're happy with someone's help, click that little star at the bottom left of their post to give them Reps.

    ---Keep on Coding in the Free World---

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    Forum Guru DonkeyOte's Avatar
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    Re: Splitting a bank account

    Perhaps something along the lines of the attached ?
    Attached Files Attached Files

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    Forum Expert Mordred's Avatar
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    Re: Splitting a bank account

    The workbook I have uploaded does most of what you ask, at least I am pretty sure it does. Things that are still beyond me are:
    a. Having the savings' updated as soon as a value is entered into the Deposit field
    b. The accounts are not independent to deposit
    Attached Files Attached Files

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    Re: Splitting a bank account

    Quote Originally Posted by DonkeyOte View Post
    Perhaps something along the lines of the attached ?
    DonkeyOte that is exactly what i was looking for. Thank you. Is there any way to also have the total of the entire account shown as well?


    And thank you to everyone else for putting thought and time into my question. Id love to see some other ideas you guys have.

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    Forum Guru DonkeyOte's Avatar
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    Re: Splitting a bank account

    Quote Originally Posted by jdavidson100
    Is there any way to also have the total of the entire account shown as well?
    Either insert some SUM formulae at the head or foot of the transactions table
    (if you opt for the head (for visibility) then insert a row)

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