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LitBuy: How to Generate Monthly Expense Reports with the LitBuy Spreadsheet

2026-01-10

Take control of your online spending. This guide will show you how to use the powerful LitBuy Spreadsheet to automatically track purchases, calculate costs, and create clear monthly expense reports for smarter financial planning.

The Challenge: Manual Calculation is Time-Consuming and Error-Prone

Manually adding up individual purchases, figuring out shipping fees per order, and deducting refunds across a whole month can be a tedious accounting nightmare. One missed entry or miscalculation can throw off your entire budget. The LitBuy Spreadsheet

Your Automated Financial Toolkit: Key Formulas in Action

By structuring your data with columns like Item Name, Purchase Price, Shipping Fee, Tax, and Refund Amount, you can harness formulas to do the heavy lifting.

1. Calculate Total Cost Per Item

This formula combines the item price, shipping, and tax, then subtracts any refund for that specific item.

= (B2 + C2 + D2) - E2

Where B2=Price, C2=Shipping, D2=Tax, E2=Refund.

2. Sum Up Monthly Totals Automatically

Once each row has a "Total Cost," use SUM to get your monthly spending in key categories.

=SUM(F:F)  // Total Monthly Expenses (if column F holds 'Total Cost per Item')
=SUM(C:C)  // Total Shipping Fees Paid
=SUM(E:E)  // Total Refunds Received

3. Gain Insights with Dynamic Calculations

Go beyond simple sums. Use formulas like AVERAGE or create a summary section to see percentages and trends.

=AVERAGE(F:F)  // Average Cost per Order
=(SUM(C:C) / SUM(F:F)) * 100  // Percentage of total spend dedicated to shipping

Building Your Monthly Report: A Step-by-Step Process

  1. Input Data Faithfully:
  2. Apply Formulas Once:
  3. Let the Sheet Calculate:
  4. Review & Analyze:

Benefits for Your Financial Planning

  • Accuracy:
  • Efficiency:
  • Clarity:
  • Proactive Planning:

By automating the math, the LitBuy Spreadsheet transforms from a simple log into a dynamic financial planning tool. Start using formulas today, and turn your purchase history into a roadmap for better financial health.