Published at Sunday, May 30th 2021, 14:27:36 PM by Lorena Watson. Expenses Spreadsheet. 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.
Published at Sunday, May 30th 2021, 15:19:40 PM by Leola Griffith. Expenses Spreadsheet. Whats more, the damage done can also affect public perception and trust in your brand, leading to less tangible but just as dangerous losses. Is it possible to move away from spreadsheets? For smaller businesses, the number of accounts needing to be reconciled is relatively small, so it makes sense for smaller businesses to continue using a combination of spreadsheets and QuickBooks. In turn, the team that manages the financial close process will also be relatively small, perhaps just one or two finance staff, so there is also less room for data handling errors. However, as the number of accounts to reconcile grows and the team managing your monthly close process is expanded, errors can easily worm their way in to the reconciliation process. Once a business has grown, it makes sense to move away from Excel spreadsheets and QuickBooks, particularly for tasks like reconciling. At its capacity, the finance department of a large organisation can generate up to five hundred spreadsheets a month - so its easy to see how errors and duplications can creep in.
Published at Saturday, April 10th 2021, 17:05:16 PM by Darla White. Budget Spreadsheet. Fixed expenses. The expenses that do not vary every month are called fixed expenses, which include your loan payments, rental fees, and insurance premiums. o Total income and expenses. When using a monthly budget spreadsheet, you will need to get your total income, total variable expenses, and total fixed expenses. Get the sum of the fixed and variable expenses and then deduct it from your total income. The resulting amount is called the disposable income, which can be used for savings or as an emergency fund. In case your expenses are higher than your income, you will have to make some adjustments in the amounts you allotted in your variable expenses. Managing the household finances is made a lot easier when you use a spreadsheet. When using a spreadsheet program for budgeting, you need to use formulas in calculating all the totals. That way, you make the process much faster because you will not have to get the totals manually using a calculator. This also prevents inaccurate computations on your budget.
Published at Saturday, June 12th 2021, 15:55:21 PM. Calculator Spreadsheet By Kathie Horne. For instance you may have the responsibility of designing a report that alludes to figures generated by your company. Using both MS Excel and Word you will be able to combine the best of both products when compiling reports. It is just as straightforward moving MS Excel documents to MS Word files as it is when pasting charts into PowerPoint slides. You have the option to keep the same formatting when pasting your spreadsheets or if you have a special design that you would like your charts to blend with you can use the Match Destination Table Style function. As in PowerPoint you can also add links to Ms Word documents that readers can click on to access your spreadsheets. The ability of MS Excel to work in conjunction with other MS products ensures that information presented via your spreadsheets can be successfully shared between clients and colleagues.
Published at Saturday, June 12th 2021, 15:07:51 PM. Calculator Spreadsheet By Darla White. 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.
Published at Saturday, June 12th 2021, 14:14:45 PM. Calculator Spreadsheet By Autumn Clark. Change the Comment Font or Background Colour This is easy to do but needs to be done through your operating system not in Excel. For Windows 7: 1. Right-click the desktop and choose Personalize 2. Click Window Color at the bottom of the box that opens 3. Click Advanced Appearance Settings 4. Under Item, click the drop-down arrow and choose ToolTip 5. Make changes to the look of the ToolTip 6. Click OK 7. Click Save changes Any comments that already exist will remain unchanged, but new ones will take on the modified properties. Change the Shape of the Comment The command that allows you to do this is not on a ribbon, so you need to add it to your Quick Access Toolbar. 1. Choose More Commands from the QAT drop-down 2. Change Choose commands from to All Commands 3. Highlight Change Shape and click Add to include it in your QAT 4. OK the dialog box 5. Select the cell with the comment you want to change the shape of 6. Click Edit Comment in the ribbon 7. Hover your mouse along the edge of the comment until the cursor changes to the four way arrow and then click If the Change Shape command you added to the QAT continues to be greyed-out repeat step 7. The comment box must be active for the command to be useable. 8. Click the Change Shape button and choose the shape you want
Published at Saturday, June 12th 2021, 13:21:45 PM. Calculator Spreadsheet By Caitlin Carr. I never guestimate a job. After measuring and counting I take my numbers and go to my office and prepare my estimate. If you do a search in Ezines, you will find other articles by me describing how I use the Excel Spread Sheet to total up and multiply high time factors to those elements of the job that are over eight foot high. Why? It takes you a lot more time to paint a window at twenty feet that it does at eight feet of height. After I total everything using the formulas built into the spreadsheet, I go to my estimating software and prepare the estimate. I itemize everything, I never do an estimate that says $2000 (or whatever amount it is), for painting the interior. I itemize everything, and its easier because that is how I count things. Also, because if I count 16 shutters and when I am painting them I count 20, I tell the customer that I only charged for 16, and they can see it in black and white, so they have to pay extra for the extra shutters, this way I dont get cheated. Anyway the subject of itemizing your estimate is a whole new article.
Published at Saturday, June 12th 2021, 12:29:27 PM. Calculator Spreadsheet By Rene Paul. I like using spreadsheets for monetary goals because of the functions I can use. If you are working towards a savings goal, using a word processor or writing them out will require constant updating. With a spreadsheet, you can simple add in how much more youve saved, and if you had the right formulas set up, it will do it all for you. First, set up a different sheet for your long term goals and your short term goals. You can have long term goals and then break them up into short term goals as well as have separate goals. Make the sheet look appealing with bold headers and colors. If you dont know how to use excel or other spreadsheet programs, you really only need the basics. Search the net to find out how to get started with spreadsheets.
Published at Saturday, June 12th 2021, 11:40:02 AM. Calculator Spreadsheet By Autumn Clark. Keep to universal colours if you can, I find that black, white and grey colours work best, they look neat and professional but give the spreadsheet added value. 4. Adhere to default formatting of cells, that is text is aligned to the left and numbers to the right- this is what Excel expects. This can greatly speed up troubleshooting if you having issued with a formulas or referencing cells, as at a glance you can tell if the cells should be formatted and text or numeric. 5. Format cells as text only if you really have to, as all of the data you enter into a text formatted cell becomes text, even if you meant it to be numeric, this is one thing you do not want- any formula cells to be formatted as text.
Published at Saturday, June 12th 2021, 10:55:29 AM. Calculator Spreadsheet By Laurel Sparks. From here, I start my measuring and counting, better known in construction as doing a "take off". I use a measuring wheel. I never use a tape measure any more. Tapes are too slow and usually only measure up to thirty-five feet. The measuring wheel can measure to one thousand feet and it costs the same as a big tape measure. Measuring wheels are usually made by the same companies that make tape measure, like Lufkin or Stanley, and they dont break as often as tape measures. Once you use a measuring wheel, you probably wont go back to a tape measure. I used to use the infra-red measuring device but I find them way too inaccurate. Usually, I measure before I start counting things like windows. Once I begin to count windows and molding, I make note of anything that will add or take away time, which means adding to the cost or lessening the cost. When I count windows, I make three columns, one for windows that are located below eight feet, one column for windows below fifteen feet, and one for windows twenty feet and above. This also applies to molding or anything else heights above eight feet, like dormers, ceiling medallions or whatever.