By . Tracking Spreadsheet. At Tuesday, May 04th 2021, 02:55:26 AM.
For easier comparison purposes, budget spreadsheets should be arranged in columns and rows with the rows detailing the specific niches such as sales, supplies and distribution. The columns can have such headings as Expenditure or Income pages followed by the actual figureheads. In this way it would be easier to make a comparison of such aspects as supplies against sales to identify the area that is performing well and one that undergoes losses. Then one can use the same excel table at the end of the year to come up with the annual returns or losses for each category. The margin of losses, if any, can pinpoint the way for budgeting in the coming year. Returns on the other hand can be great in scaling the market dynamics that prove favorable and that ought to be followed in the coming business semester.
Do you like to save time? Do you like to have your phone ringing with customers calling? Of course, who doesnt want these things? Just as you have to spend money in order to make money. You need to spend time to learn to save time. Spend a little time to learn how to use Excel and you will save time and have more customers. Excel can be an unpaid personal assistant. Some of the things that I use the Excel Spreadsheet for are to calculate square footages, lineal footages and total them instantly without errors. Even if the list is 25 items long, it will calculate the totals, without error in seconds. I use it for calculating square footages from the length and width of the room. I can take a list of rooms and add their dimensions, hit enter and the calculations are done for ceiling square footage, wall square footages, moldings, including baseboards, crown and chair railing. I can even make an additional factor for high time difficulty, or any other factor that can influence the job.
Yet there is no tool for project management that is more popular or widespread than the spreadsheet, despite the fact that spreadsheets are not designed to be project support tools. Even in organizations with an established project management tool, spreadsheets are used. There are obvious reasons for this. A spreadsheet program is on almost every computer in every organization, people are familiar with spreadsheets and how to use them, and people are pre-disposed to use these "office" types of software tools to solve problems. And I am right there with them. I love using spreadsheets to track all kinds of data. It is easy, convenient, and I admit ego-boosting to show off what I can do in a spreadsheet.