By . Expenses Spreadsheet. At Tuesday, June 01st 2021, 05:56:03 AM.
Validate Your Input Values You can use Excels Data Validation function to reduce the likelihood of bad data. This feature allows you to specify the conditions a value needs to meet and reject any values that dont meet your conditions. If you know, for example, the minimum and maximum values of your data, simply instruct Excel to highlight values that fall outside of that range. To take it a step further, create a drop-down list of values in an adjacent workbook, then use those to populate your active one. Youll limit your potential for error by choosing from an already known list of values. No fat finger errors here. Automate the Whole Thing Were biased, but the easiest and best way to prevent errors in Excel is to automate your work. Todays automation software packages (and there are many) work within and between your spreadsheets and other sources of data, like websites, to import, manipulate, copy, paste, and format data however you wish. Some log critical process information, sorts, and transforms data just like you would - through the presentation layer of the application. Unlike you (no offense), good automation software works without errors. If youre a CPA or work for any other firm that uses spreadsheets on a regular basis, consider automation software as an alternative to those every day manual processes.
Spreadsheet bid calculators are evolving through years of trial and error by individuals designing their own spreadsheets due to cost and affordability, which is a viable option for them if they have time to design these spreadsheets. Large contracting firms compile their constructions bids using expensive standalone programs, because they have proven platforms with a record of accuracy. Spreadsheet calculators deliver detailed bids to the user with excellent results and without the high operating cost of expensive programs. Spreadsheet calculators when placed on a laptop give contractors flexibility to estimate small projects and/or large projects on construction projects. Contractors waste valuable time and money returning to the office with the clients project information just to calculate the bid, then return to deliver the clients bid. Spreadsheet calculators calculate the required 10% overage on materials, including the contractors pricing structure for labor/material/equipment designed in the calculator.
He will now depend on you for the information, instead of going to the people who prepare the raw spreadsheets. You gain access to him, and as you know, "access is power." Tip #2: Offer to help him with spreadsheets you dont get (yet) If you know that your boss gets other spreadsheets from elsewhere in the company (but you dont get them), ask him to get you copied on them, so you can include those on his dashboard. Find out what totals, charts, or "top n" lists he tends to scan those spreadsheets for. Then, tell your boss that you can consolidate the key information from all those spreadsheets as well (both what you prepare and what others prepare). You can add that to the Excel dashboard you send him every day (after implementing Tip # 1). Tell him how much time youll save him; how he can stay on top of the numbers with the all-inclusive dashboard.