How do I make one cell always equal to a specific number while still taking into account of other cells.

L

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I need a formula which allows the 'Money Leftover' cell K7 to always equal 500. I've probably worded the above really vaguely, however I'll add an image to try and get explain myself.

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What I need:

As I start to add in values under columns C-I, the values in K will either go up or down depending on if I spend money or earn it. If by the end of the month K7 is above £500, then I want the excess money to be transferred to L7. However, if K7 is below £500 then I want the value in H7 to adjust accordingly to get the value of K7 back to £500, which should result in an increase of H7 and the decrease in L7. The limit to which H7 + L7 can add up to is £1329.35 (B10), so when both of these cells are added together they cannot exceed B10.

Essentially, as H7 increases, L7 decreases, and vice versa, but K7 must always equal £500 while still taking into account the values in columns C-I. For example, money spent on 'Food' and 'Nights Out' will see a decrease in K7, meaning H7 must now increase as a result to bring the value of K7 back to £500.

I've very much complicated myself writing this out however I'm sure there is a way of doing it, I'm just not adept at Excel enough. I could just manually change the values at the end of each month, however it makes my life easier if I can simply put in values and the whole spreadsheet adjusts accordingly.

If you need any further information, please let me know.
 

Excel Facts

How can you automate Excel?
Press Alt+F11 from Windows Excel to open the Visual Basic for Applications (VBA) editor.
Because most people find it easier to control their miscellaneous spending than they can control their income.
 
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