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Spreadsheet For Rental Income And Expenses

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Published at Wednesday, June 02nd 2021, 20:03:19 PM. Expenses Spreadsheet. By Nellie Graham.

If you share Excel spreadsheets with other people, you may want the option to leave comments to explain why you have done something, or to ask questions of the other users in regard to the data. Rather than picking up the phone, or sending a lengthy email you can put comments onto the spreadsheet. Comments are a lot like sticky notes that can be viewed, or removed. You may know the basics of adding comments, but I have included a few lesser known tricks. These skills can be used in any version of Excel although the 2013 and 2007 version steps may be a little different from the ones I am describing for Excel 2010. The Basics The basic commands for comments can be found using your Right-click menu or the Comments group on the Review ribbon. When you choose New Comment, a box will appear that includes the user name of your computer (you can change this in the General tab of the Excel Options) and a cursor that indicates it is waiting for you to start typing. When you navigate away from the cell the comment box will disappear and be replaced by a red triangle in the top right corner. Any time you hover over a cell with a red triangle, the comment will be displayed.

Will the finance department ever rid themselves of Excel spreadsheets completely? It seems unlikely that Excel spreadsheets will disappear from the finance department completely; admittedly, they are still a really useful tool for auditing, even for very large businesses (of 1,000+ headcounts) and they will probably remain the go-to program of choice for creating graphs and charts. However, businesses that are managing to grow and are serious about both productivity and regulatory compliance will likely move their reconciliation and monthly close process to specialist programs, as opposed to makeshift spreadsheets. Especially as the need for advanced reporting and intuitive financial analysis expands beyond the capabilities of Excel.

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While Excel is a perfect tool so long as your data can be maintained in simple lists, the moment you have to manage more complex data or make frequent changes in the data, you are better off using the Microsoft Access database. Of course, you may still need to exchange data between Excel spreadsheets and Access database to conveniently present some data or till all the data is managed in Access. Excel spreadsheets are great to manage databases that can be maintained in the form of lists. For example, a database of the CDs or DVDs that you have is probably easily maintained in Excel. On the other hand, small and medium enterprises may need to maintain records of customers, sales and product inventory. Not only is the data more complex requiring frequent changes but you may often need to combine data from different sources. Microsoft Access is a wonderful database tool that can be used for small databases as well as fairly large databases. It is easy to build the databases and modify the data in Access. Further, there are powerful features built in Access that help it to protect the data in databases and carry out an Access recovery when the need arises.

While Excel is a perfect tool so long as your data can be maintained in simple lists, the moment you have to manage more complex data or make frequent changes in the data, you are better off using the Microsoft Access database. Of course, you may still need to exchange data between Excel spreadsheets and Access database to conveniently present some data or till all the data is managed in Access. Excel spreadsheets are great to manage databases that can be maintained in the form of lists. For example, a database of the CDs or DVDs that you have is probably easily maintained in Excel. On the other hand, small and medium enterprises may need to maintain records of customers, sales and product inventory. Not only is the data more complex requiring frequent changes but you may often need to combine data from different sources. Microsoft Access is a wonderful database tool that can be used for small databases as well as fairly large databases. It is easy to build the databases and modify the data in Access. Further, there are powerful features built in Access that help it to protect the data in databases and carry out an Access recovery when the need arises.

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