Article: This will create another blank worksheet. This sheet will house all of the fixed costs for your product, such as rent, insurance, and other costs that don't change. Like with the Variable Costs sheet, create a "Description" label in cell A1 and a "Amount" label in cell B1. Fill out the first column with descriptions of your fixed costs, like "Rent." You'll be filling out these costs after creating the rest of the spreadsheet. Select everything you created on this sheet, including the headers: Click the "Format as Table" button in the Home tab. Check "My table has headers" to turn row 1 into headers for the table. Click the "Table Name" field and name the table "FixedCosts."
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Click the "+" button next to "VariableCosts" at the bottom of the screen. Rename the new sheet to "FixedCosts." Create the header labels. Enter in the names of your business's fixed costs in column A. Leave column B ("Amount") blank for now. Create a table from the data you've entered.