Published at Monday, May 31st 2021, 17:11:02 PM by Leanna Everett. 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 Wednesday, March 24th 2021, 23:07:43 PM by Leola Griffith. Budget Spreadsheet. Calculator On Hand A very useful feature that comes necessary when formulating a budget is a calculator, and theres none better than having one embedded in the program. You will not always have a physical calculator on your table so to save you the hassle of finding your missing calculator around your home, an electronic calculator becomes handy. Furthermore, your physical calculator could run out of battery or run into problems. In this case, the programs calculator will always be available and working fine. Data Representation Finally, a very good feature for budgeting is the ability to represent the data in your planned budget in many forms. This aids in understanding the budget better and can help you find problems with your budget. The data you will enter in the rows and columns of your spreadsheet will not make much sense unless it is transformed into a chart or pie graph. Your program must be able such a thing in an instant. To finish, its important to know that every day, new programs are coming out offering "new" or "better" features than other products or previous versions. However, the above 3 characteristics will continue to be the most important ones. Keep this in mind while looking out for new products for your personal budget spreadsheet.
Published at Thursday, March 25th 2021, 15:36:17 PM by Alexandra Reid. Budget Spreadsheet. Generally a high-quality household budget spreadsheet is easily usable by those with elementary computer knowledge having a layout that is understandable and showing most of the details that are required for household management. The other important aspect to be considered while selecting a spreadsheet is the kind of flexibility it offers to user in putting together all the required inputs on income and expenses of the home budget. Some spreadsheets have add-ons like calculator, yearly calendar, savings planner etc, and one can select them based on their requirement of such features. These budgeting tools are very much important in easy monitoring of income and expenses by allowing regular updating of entries without much concern for accuracy. In long run budget spreadsheets act as life savers as one is able to plan and monitor their income and expenses and prepare themselves for any unforeseen circumstances that life has to present them in future. They also impart you the financial independence of setting out of your priorities in life.
Published at Tuesday, May 25th 2021, 22:39:32 PM. Expenses Spreadsheet By Lolita Sutton. Now that the columns you want reformatted to a different size have been chosen, it is time to do just that. Using your computers mouse, right click anywhere within the highlighted area. This will bring up a pop-up menu. On that menu is the option "column width". Click on that option. This will bring up a window asking you to enter in the width of the columns. If there is a number already in that box you will need to erase that first by highlighting it and pressing your "delete" key. Now type in the number "12" and click the "Ok" button. You should now see that all of the highlighted columns have changed to the size of 12. Repeat the steps above to alter the sizes and find one that looks more visually appealing for the spreadsheet that you are working on. Remember that at anytime you can undo what you just did by clicking the "Edit" menu option at the top of the screen and click the sub-menu option of "undo".
Published at Tuesday, May 25th 2021, 21:46:24 PM. Expenses Spreadsheet By Laurel Sparks. Is your job dealing with more and more paper work all the time? If you are an office clerk or reports assistant or even if you are a manager you will have to send reports on a monthly basis and more often they will have to do with comparing old and new files as well as updating them. To compare spreadsheet reports, you will have to understand the values being given and consolidate it with any changes made for a certain period of time. If you will be dealing with several files here to compare, you may find this a very daunting task. However, knowing that there is a tool you can use to make this task easier for you is a great relief. Working in a financial firm would entail a lot of reports to be submitted on a weekly, monthly, semi- monthly, quarterly and a yearly basis. All of these reports should be monitored, and most of the data where these reports come from are based from several spreadsheets that you will have to consolidate in a timely manner. To effectively have these reports updated, you can make use of a file comparison tool that can compare spreadsheet files and allow the user to make changes to it from one file to another.
Published at Tuesday, May 25th 2021, 21:06:17 PM. Expenses Spreadsheet By Nellie Graham. 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.
Published at Tuesday, May 25th 2021, 20:16:52 PM. Expenses Spreadsheet By Lidia Chapman. 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 Tuesday, May 25th 2021, 19:25:19 PM. Expenses Spreadsheet By Freda Hernandez. 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 Tuesday, May 25th 2021, 18:39:26 PM. Expenses Spreadsheet By Alexandra Reid. Hidden Rows and Columns. Unless you really need to hide any rows or columns, just dont. Why, well because they are hidden!. They can confuse users who are trying to follow the logic of a spreadsheet, users cant see them but Excel will still use those cells in calculations which can then appear to users to cause erroneous data. They can also cause issues with importing new data into your work book and issues with and VBA code. 3. Avoid Blank Cells, Rows and Columns. You may not always have a value for every single cell in your work book, but leaving cells completely blank has a massive impact on some functions in Excel. For example -AUTOSUM or using filtering with blank cells will affect Excels calculations. If you have blanks, always consider using zeros or an appropriate descriptive value such as NA.
Published at Tuesday, May 25th 2021, 17:53:28 PM. Expenses Spreadsheet By Laurel Sparks. 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.