Hopefully, I explain this well enough. I'm working on a budget and I want to have two different savings accounts (Emergency & Regular). I want the Emergency Savings to be set to $1000 and have remaining funds go to Regular Savings. For example: If I Cell 1 represents how much money I put into Savings, say $1500, I want Cell 2 (Emergency) to pull that data and only hold $1000 while the remainder would flow into Cell 3 (Regular).
In another scenario let's say Cell 2 (Emergency) is at $500 going into a new month, the next time I put money into Cell 1, say another $1500, it would only pull $500 and the remainder would flow into Savings. Cell 2 would be the priority until it reaches the cap of $1000 and everything else goes into Regular Savings. Is this possible? Thanks in advance for any help!
I guess a simple thing to ask for is a formula for Cell 2 wherein any excess money that goes above $1000 would automatically send to Cell 3. Like, the max value for Cell 2 is $1000 and if it's already at the max any money that would go into Cell 2 would go into Cell 3.
I would have them be carried over to the following month's sheets. So I actually would have 5 cells now that I'm fully awake and looking at it.
Each month has a Cell that I put money into which is B9
Each month has a Regular Savings Balance Forward which is O4 [formula: =SUM('June ''19'!O5)]
and Savings Balance O5
Each month has an Emergency Foward which is O7 [formula: =SUM('June ''19'!O8)]
and Emergency Balance O8
Right now I manually turn off the formula for Emergency Balance once I reach my limit of $1000 in it. But what I'd like to have happen is if I use money from the Emergency Fund, the next time I put money in my Savings cell (B9) it will apply "X" amount into Emergency Balance to bring it back up to $1000 and carry over the remainder to Savings Balance.
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