1. Calculating Total Item Cost
Use the Where Column BColumn C
SUMPRODUCT
=SUMPRODUCT(B2:B100, C2:C100)
LitBuy: How to Generate Monthly Expense Reports with the LitBuy Spreadsheet
2026-02-08
Streamline your budget tracking using automated formulas for totals, shipping, and refunds.
Managing online purchase expenses can be time-consuming. The LitBuy Spreadsheet template is designed to automate this process, giving you a clear, accurate monthly financial snapshot in minutes. By leveraging built-in formulas, you eliminate manual calculations and reduce errors.
Why Automated Reporting Matters
Manual entry is prone to errors and inefficiency. Automation provides:
- Accuracy:
- Time-Saving:
- Insightful Planning:
- Holistic View:
- Time-Saving:
Key Formulas for Your LitBuy Spreadsheet
2. Adding Shipping Fees & Taxes
Sum a dedicated column for additional costs. Use Where Column F
SUM
=SUM(F2:F100) + [Total Item Cost]
3. Deducting Refunds or Returns
Create a "Refunds" column and subtract the total from your gross expenses.
= [Total with Shipping] - SUM(G2:G100)Where Column G
4. Final Monthly Total (Master Formula)
Combine all elements into one cell for your final net expense.
=SUMPRODUCT(B2:B100, C2:C100) + SUM(F2:F100) - SUM(G2:G100)This gives you the complete financial picture for the month.
Monthly Reporting Workflow
- Data Entry:
- Automatic Calculation:
- Report Generation:
- Analysis & Planning:
- Automatic Calculation:
Pro Tips for Better Financial Planning
- Use Named Ranges:
- Visualize with Charts:
- Record Payment Method:
- Set Monthly Alerts:
- Visualize with Charts: