Thus, if you click on the category cell, you will be able to see a tiny drop-down icon.For this, go to the Categories sheet and select range B5:B16. In the Source field select the range of categories listed.Now, from the Allow drop-down option, choose List.Subsequently, go to Settings from the menu.As a result, this will appear the Data Validation dialog box.Thirdly, from the Data Tools group, click on the Data Validation drop-down menu.Secondly, select the Category column and go to the Data tab from the ribbon.Here, we merge the cells as we use only one date. After that, select the cell where you want to put the date.And, make three columns which are Date, Income, and Expense. To do so, firstly, create a worksheet named Dataset.Whenever we open or update our worksheet, the date will continually update. The Excel TODAY function returns the current date. The TODAY function categorizes under Excel Date and Time Functions. We will use the TODAY function for the date. To begin with, first, we need to put the basic information for further calculation. Let’s follow the steps to create a daily expense sheet format. We can tell by looking at the financial statement that costs utilize to lower the owner’s equity. Others want to avoid it at all costs since they know it might lead to a host of escalating financial problems in a precarious balance between income and spending. Some of us are unconcerned and have the monthly income or resources necessary to pay off the debt whenever it arises. How to Create Daily Expense Sheet Format in Excel: With Easy StepsĮveryone reacts differently to personal debt. It is customary to allocate a cost to expense as we incur if it is for something that consumes right away, like a wage. The daily expense is a cost that is incurred over the course of an asset’s life when it is expected to be utilized for an extended period of time. When an asset is utilized to produce income, its value decreases. It makes sense economically, as the adage goes. It is a business’s operational cost incurred to produce income. An expense is a revenue that we have to expend in order to perform something or that something costs us.