By . Expenses Spreadsheet. At Tuesday, June 01st 2021, 10:54:09 AM.
If you would like to create a quick view of just a few records from Microsoft Access, you can simply copy the data from a datasheet view in Access and then paste the data into Excel. If you would like to have a static copy of a large amount of data from an Access database, you can save the data from an Access table, form or report and copy it to an Excel worksheet. These methods work well when you do not need to refresh the contents of the Excel worksheet every time there is a change in the Access data. If you would like the data in the Excel worksheet to be linked to the Access data so that every time the data in the Access database changes, the Excel data refreshes too, you might have to create an Office Connection. For example, you might store all your employees payroll data in an Access database and only include monthly summaries in an Excel worksheet.
The spreadsheet was introduced back in the 1980s and evolved into a complex program, but with the right experience it can be an effective tool for estimating large or small projects. Standalone programs work fine for estimating large projects; however they cannot estimate all structural elements of the project, such as, concrete, reinforcement, form-work, excavation, and back-fill at one time. Because of this restriction, contractors are forced to develop spreadsheet calculators ensuring bids were covering all required disciplines in their bids to ensure correctness. Construction bids missing important materials or a labor calculation is the number one reason companies incur large loses on projects they would generally have slim profits designed into the bid.
From Excel to excellence for the month-end close reconciliation process. As a financial accounting professional, it is almost certain you will have been using Microsoft Excel spreadsheets during the month end close process. It is also extremely likely you will have experienced problems with them too! Over the last thirty-odd years, spreadsheets have become a mainstay in finance departments, used for all sorts of tasks, from reconciliation to reporting and everything in between. Despite their popularity with finance staff, they still pose a massive margin for error. The expected error rate when reconciling with spreadsheets is 0.8-1.8% and though this may seem small, for a company with a $1m turnover this represents a risk of $80,000-$180,000.