Published at Friday, May 28th 2021, 03:35:25 AM by Sheryl Martinez. Expenses Spreadsheet. Lets get this out of the way: Your spreadsheets are full of errors. In an analysis of multiple studies dating back to 2008, Marketwatch reported last year that almost 90% of Microsoft Excel Spreadsheets contain errors. Even when created with the utmost care, the number and complexity of the formulas contained in our spreadsheets create significant opportunities for bad data. With about 1 Billion users of Microsoft Office users in the world, the absolute number of errors that potentially exist range in the hundreds of millions. We have some thoughts on how to prevent errors in Excel spreadsheets. Here are three of them: Most Errors are Caused by Bad Calculations: Check Your Formulas Methods of testing your formulas range from the simple to the absurdly complex. Lets ignore the stuff on the right side of the spectrum, and stick to what we can do right now. Did you know that highlighting a cell that contains a formula and pressing "Ctrl + [" will reveal the cells that feed into the total? Its a simple yet effective way to understand your data sources and identify what you missed, and what might have been double-counted. Simple stuff.
Published at Sunday, May 30th 2021, 14:27:36 PM by Lorena Watson. Expenses Spreadsheet. If you can do that, you become the "gatekeeper" for all spreadsheet data going to your boss. You could pre-analyze the data in all those spreadsheets, and tack on comments that make the boss aware of your incomparable analytic capabilities. Nobody else (other than he, himself) gets all that data, so only you can come up with those insightful analyses. Tip #3: Automate the dashboard preparation Unless you are not doing any real work, you are probably thinking: "How am I supposed to do all the extra work to consolidate those spreadsheets into a dashboard"? If youre a programmer type, you can use little-known, built-in Excel capabilities such as the camera tool with VBA macros. Thats it. If you can successfully implement those 3 tips, youll be the person who controls the spreadsheet data your boss sees. Theres a catch, though: youd better be the first one to implement it. Because if one of your peers does this before you do, he becomes the indispensable person. Or, look for Excelential, a new kind of software that makes Excel dashboards easy to create. With software like Excelential, it will only take you minutes to create an Excel dashboard that brings charts and tables of data together from multiple spreadsheets. And once you have the dashboard set up, it will automatically update the dashboard for you every day.
Published at Wednesday, May 26th 2021, 18:22:34 PM by Marcia Hines. Expenses Spreadsheet. For this matter, budgeting software can only be regarded as a really good one if it is user-friendly and the input of information is hassle free. The moment that the initial setup is done, transaction recording and processing is expected to automatically take place. Good Reporting: Its Elements Good financial software must possess reporting elements in the module of the money management tool that you are using. These features must also be intuitive and straightforward to use, for they are the real hallmark of the reporting features of a better software. Basic Income and Spending If these two do not exist, your software can be regarded as completely futile. Income and spending must be easily known with a mere push of a certain button.
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