Solved

Excel - auto analyze/organize Bank statement csv

Posted on 2010-09-23
4
2,792 Views
Last Modified: 2012-05-10
I am attempting to analyze my bank statement which I can down load as a csv file. I am not necessarily looking for a "swiss army" knife approach, just simplicity.  This does not have to be a finished product, just some directions in how to capture the data and display it.

I would like to drop the raw csv file in one worksheet and in another have it set up to  look at the transaction description column and search on key words that are listed in category columns, capture the debt or deposit for that description and then sum up these categories so that it gives a picture of where expenditures are going.

This needs to accommodate varying number rows since the number of transaction can vary month to month. SampleBnkStmnt.xls
0
Comment
Question by:rpelfrey
  • 2
4 Comments
 
LVL 24

Expert Comment

by:broomee9
ID: 33744778
Sounds like you can use the sumproduct formula to do this.

=SUMPRODUCT(($B$2:$B$20=$H2)*(D$2:D$20))


See attached example.


Book2.xls
0
 
LVL 24

Accepted Solution

by:
broomee9 earned 500 total points
ID: 33744819
Here's a more specific example from what you attached:

=SUMPRODUCT((bankstatement!$B$9:$B$23='Summary of Expenditures'!B4)*(bankstatement!$C$9:$C$23))

SampleBnkStmnt.xls
0
 

Author Comment

by:rpelfrey
ID: 33744878
This is a good beginning approach, but doesn't take in account that the description is not that "clean".  Those words in your example would appear in the transaction description but additional transaction info is in there like store name and #, trans #, sometimes location address, and or phone number.  
0

Featured Post

Industry Leaders: We Want Your Opinion!

We value your feedback.

Take our survey and automatically be enter to win anyone of the following:
Yeti Cooler, Amazon eGift Card, and Movie eGift Card!

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Introduction While answering a recent question (http:/Q_27311462.html), I created an alternative function to the Excel Concatenate() function that you might find useful.  I tested several solutions and share the results in this article as well as t…
Improved? Move/Copy Add-in Replacement - How to avoid the annoying, “A formula or sheet you want to move or copy contains the name XXX, which already exists on the destination worksheet.” David Miller (dlmille)  It was one of those days… I wa…
This Micro Tutorial demonstrates how to create Excel charts: column, area, line, bar, and scatter charts. Formatting tips are provided as well.
This Micro Tutorial demonstrates in Microsoft Excel how to consolidate your marketing data by creating an interactive charts using form controls. This creates cool drop-downs for viewers of your chart to choose from.

696 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question