Budget Summary

Jan Feb

Gross Revenue
Sales $ 112,987.33 $ 113,182.14
Shipping $ 2,669.62 $ 2,709.66
Gross Revenue Totals $ 115,656.94 $ 115,891.80

Cost of Goods Sold

Goods $ 8,368.54 $ 8,443.86
Freight $ 127.58 $ 128.73
Markdown $ 585.94 $ 591.21
Miscellaneous $ 45.36 $ 45.77
Cost of Goods Total $ 9,127.43 $ 9,209.58

Gross Profit $ 106,529.51 $ 106,682.22

Expenses
Advertising $ 1,840.00 $ 1,840.00
Salaries $ 2,162.00 $ 2,162.00
Rent $ 230.00 $ 230.00
Utilities $ 34.50 $ 34.50
Insurance $ - $ -
Telephone $ 132.31 $ 133.50
Office Supplies $ 67.62 $ 67.62
Training $ 46.00 $ 46.00
Travel and Entertainment $ 94.51 $ 95.36
Taxes and Licenses $ 110.40 $ 110.40
Interest $ 378.03 $ 381.43
Total Expenses $ 5,095.36 $ 5,100.80

Marketing Campaign
Clerical Support
Consultants
General Admin.
Advertising
Telemarketing
Direct Mail
Total Marketing Costs
 Mar

$ 113,379.87
$ 2,750.31
$ 116,130.17

$ 8,519.86
$ 129.89
$ 596.53
$ 46.18
$ 9,292.46

$ 106,837.71

$ 1,840.00
$ 2,162.00
$ 230.00
$ 34.50
$ -
$ 134.70
$ 67.62
$ 46.00
$ 96.22
$ 110.40
$ 384.86
$ 5,106.30

Here we'll link to the other workbook, Budget Detail.XLSX

In cell D34 type = and click on C3 in the Budget Detail workbook
Drag that down to row 40
What has happened? What must you do to correct it?

Now, try it in a slightly different way:

In the Budget Detail workbook, copy cells D3:E3 from the Expense Summary sheet
Now, here in Budget Summary, in cell(s) E34 do a PASTE LINK
Drag that down to row 40
This method doesn't involve absolute cell references
m the Expense Summary sheet