You have created budgets for various branches on different worksheets in your excel spreadsheet. However you are wondering how you can automatically generate a consolidated budget for all the branches. Well, no need to worry because by using the consolidate option the task of summarizing data from various worksheets is simplified. Below we explain how that can be achieved.
Applies To: Excel 2010, 2007, 2003:
- Insert a new worksheet
- Rename Sheet1, Sheet2 and Sheet3 to Branch A, Branch B and Summary respectively
- Enter the data given in the example below on the Branch A worksheet. The same order and location of the data must be maintained on all the worksheets
4. Enter the data given below on the Branch B worksheet
5. Select the summary worksheet, click cell B3
6. Select on Data, consolidate(under data tools)
7. The screen shot given below will be displayed
8. Select the Edit Ref icon and highlight the data range B3:F10 on the Branch A worksheet
9. Press Enter & select the Add button
10. Repeat steps 8 and 9 on the Branch B worksheet
11. The screen shot below will be displayed
12. Select all the check boxes and then press enter or click OK
The data will then be consolidated on the summary worksheet. The details can be displayed by clicking on 2 or the expand button as given above.
To consolidate more Branches or worksheets simply repeat steps 8 & 9 but on the appropriate worksheet.
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