Add Formulas to an excel sheet

About the Task: We are seeking a Freelance Spreadsheet Calculation Specialist for a straightforward, one-time task. The primary responsibility is to add formulas and calculate sums in an existing financial spreadsheet. This task is essential for finalizing our monthly financial reporting. Task Details: The specialist will be provided with a spreadsheet that contains data for a month's sales of various products and overhead expenses. The task involves inserting formulas to calculate totals and subtotals. Key Responsibilities: Insert formulas to calculate daily totals for sales transactions. Calculate the monthly total for sales and overhead expenses. Compute the net profit by offsetting total sales against total expenses. Ensure formulas are correctly applied and functioning as intended. INSTRUCTIONS: Overview of the Sheet The sheet is divided into three main sections: Sales Data Section: Tracks daily sales of three products (Herconic360, Herconic Supplements, Herconic Coaching) with quantities sold and total sale amount for each transaction. Overhead Expenses Section: Lists overhead expenses, specifically for software subscriptions, with their respective amounts. Summary Section: Provides a summary of total sales, total expenses, and net profit for the month. Adding Calculations Sales Data Section Total Sale Amount for Each Transaction: Where to Add: In the 'Total Sale Amount' column for each row. Formula: =SUM(D2:F2) (assuming D, E, F are the columns for quantities of Herconic360, Herconic Supplements, and Herconic Coaching, respectively). Action: Enter this formula in the first row of the 'Total Sale Amount' column, then drag the fill handle (a small square at the bottom-right corner of the cell) down to fill this formula for all rows. Monthly Sales Total: Where to Add: At the 'Monthly Sales Total' row under the 'Total Sale Amount' column. Formula: =SUM(G2:G31) (adjust the range according to the number of sales entries). Action: Enter this formula in the cell where the monthly total should appear. Overhead Expenses Section Monthly Expenses Total: Where to Add: At the 'Monthly Expenses Total' row under the 'Expense Amount' column. Formula: =SUM(I33:I35) (adjust the range I33:I35 based on the number of expense entries). Action: Enter this formula in the cell where the monthly total of expenses should appear. Summary Section Total Sales and Total Expenses: Action: Reference the cells where 'Monthly Sales Total' and 'Monthly Expenses Total' are calculated. Net Profit: Where to Add: In the 'Net Profit' cell in the Summary Section. Formula: =[Cell with Total Sales] - [Cell with Total Expenses]. Action: Replace [Cell with Total Sales] and [Cell with Total Expenses] with the actual cell references and enter this formula in the 'Net Profit' cell. Additional Instructions Auto-Fill Feature: For formulas that need to be applied to multiple rows (like the 'Total Sale Amount' for each transaction), use the auto-fill feature by dragging the fill handle. Adjusting Formulas: If more rows are added or removed, formulas, especially those calculating totals, may need to be adjusted to include the correct range of cells. Formatting: Ensure that all cells containing monetary values are formatted as currency for consistency and clarity. Regular Updates: The sheet requires regular updating with daily sales data and any additional expenses as they occur. Final Checks After entering all the data and formulas, double-check to ensure that all calculations are correct and that the formulas are referencing the correct cells. Regularly save the spreadsheet to prevent data loss. This guide should provide your VA with a clear understanding of how to manage and update the financial goals and expenses sheet. If there are any specific software features or additional tasks you'd like them to perform, please include those details as well.