Two FP&A experts walk through building better budget models in Excel without VBA. They focus on simplicity, collaboration, and practical techniques that actually work for most teams instead of overengineered solutions.
What would be those couple keys to building a really Robust Budget.
Model 1 Keep it simple. So every line item that you're identifying significant revenue line item, if it's by product or however you're segregating the revenue, every expense line item, you're identifying the key drivers, right? So you're building those levers in if it's by the number of customers is going to drive it. The second thing is really team up as much as you can with the people, because a lot of times it's going to be an educational thing for them if they've never done it before.
So you're telling me I shouldn't be using a lot of custom functions and vba and lambdas and all that kind of stuff?
I would recommend against it.
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