Bachelor / Bachelorette (Hen / Stag) Party Event Budget Planner
Originally published: 01/08/2019 08:47
Last version published: 05/08/2019 15:54
Publication number: ELQ-90631-2
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Bachelor / Bachelorette (Hen / Stag) Party Event Budget Planner

Template for preparing and managing budgets for stag, hen parties, and other events.

The template can be used as a budget planner for stag, hen parties and other events.

The user will have the ability to enter:
- number of attendees
- number of people paying
- Event start and end date
- Number of planned collections from people paying for the event (3 maximum)
- Names of attendees and the ability to track payment collections as they come in
- Breakdown of costs for spending on the event
- Note any deposits paid, the balance due date and amount

The template will tell you how much you've collected from each person, how much is left to collect, and will flag when people are late in paying.

The template will also remind the user as to when to make balance payments for any costs that require a deposit to be paid upfront, followed by a final balance payment.

To use this model we suggest that the user stick by the following rules:
- Enter assumptions and event details in yellow cells only. The rest of the model should be totally automated
- When entering numbers, enter positive numbers only
- Cells G1 contains a warning message that will automatically change to red and flag up if the user end up putting in a budget that overspends

This Best Practice includes
1 zip file with a model

Acquire business license for $25.00

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Further information

Budget planning for an event

Where there are multiple people having to contribute to payments for an event
When planning for a party with multiple costs and payment timings
When you want to track money coming in from multiple contributors

When the user has very little experience in excel

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