Published at Tuesday, June 01st 2021, 18:13:26 PM by Kathie Horne. 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 Friday, May 14th 2021, 00:58:25 AM. Inventory Spreadsheet By Leola Griffith. Last night, a factory manager in Singapore stared at his Dell Latitude waiting for his master inventory to be updated by his supplier in Korea. Meantime in Seoul, emails are frantically exchanged among inventory clerks at three factories to produce a final document. Yesterday afternoon a CFO submitted financials for the Quarterly Board report. This morning his admin found out the most current HR data was on HRversion5.xls, not on HRversion4.xls that he used. The National Sales Manager finally received monthly forecast spreadsheets from six Regional Managers, who each collected spreadsheets from their respective sales teams. Even though it took two hours to painstakingly combine all the data, cut & paste errors produced an overage of more than $1 million in forecast revenue.
Published at Friday, May 14th 2021, 00:04:33 AM. Inventory Spreadsheet By Sabrina Walters. Last night, a factory manager in Singapore stared at his Dell Latitude waiting for his master inventory to be updated by his supplier in Korea. Meantime in Seoul, emails are frantically exchanged among inventory clerks at three factories to produce a final document. Yesterday afternoon a CFO submitted financials for the Quarterly Board report. This morning his admin found out the most current HR data was on HRversion5.xls, not on HRversion4.xls that he used. The National Sales Manager finally received monthly forecast spreadsheets from six Regional Managers, who each collected spreadsheets from their respective sales teams. Even though it took two hours to painstakingly combine all the data, cut & paste errors produced an overage of more than $1 million in forecast revenue.
Published at Thursday, May 13th 2021, 23:09:05 PM. Inventory Spreadsheet By Lolita Sutton. There are many computer users that make use of spreadsheet applications since these are really useful for them. It does not matter whether you are a businessman, a student or an instructor because you will be able to use this easily. Interactive activities as well as lectures and computations can be performed here without the need to utilize a third party program. Aside from that, it can graphically display the equations and real data in addition to its capability of obtaining the numerical solutions for the complex models in mathematics. So now that you have decided to make use of the Excel, you probably have a lot of files in this application. Most of the time, when you are edit the, you want to see how they differ from one another. Since you can compute interactively using Excel, you can send out your files to your buddies. Later on, you can compare spreadsheets to see which parts they have edited. The problem is how are you going to do this?
Published at Thursday, May 13th 2021, 22:16:10 PM. Inventory Spreadsheet By Latasha Herring. "Spreadsheets for Actors" comprises a wide variety of programmed spreadsheets especially created for professionals in the entertainment industry. Whether you are an actor, producer, editor or director, you will greatly benefit from the "Spreadsheets for Actors" package. The "Spreadsheets for Actors" package facilitates a series of processes, ranging from creating and managing budgets to keeping track of unpredictable income and expenses. The mentioned package includes valuable programmed spreadsheets such as the "Income and Residual Tracker" - provides professionals in the entertainment branch with detailed information regular and residual income; "The Biorhythm Plotter" - helps users in planning various events and actions based on Primary and Secondary Biorhythms (the spreadsheet solution allows users to choose the right timing for their actions according to personal intellectual, psychological and physiological factors); "Basic Actor Package" - designed to facilitate the process of calculating expenses.
Published at Thursday, May 13th 2021, 21:23:13 PM. Inventory Spreadsheet By Caitlin Carr. You can also create a calendar with a spreadsheet application and keep it within your budgeting workbook. You can list dates bills are due and you can also use the calendar in accordance with your budget to plan for special items or vacations. Having everything in one place will make it easier to manage your finances and plan for the future. Another advantage to using a spreadsheet application for your budget is that you wont have to access the Internet to access your budget. You will be able to view it or work on it wherever you are and if you typically work on a laptop computer and take it with you when you travel, this can be extremely beneficial. Using budgeting spreadsheets to manage your finances is an easy and affordable way to stay on top of your financial game.
Published at Thursday, May 13th 2021, 20:35:01 PM. Inventory Spreadsheet By Jolene Sparks. In order to ensure that you are provided with high-quality spreadsheet solutions and that they are 100 percent compatible with the profile and size of your business, you need to possess performing, state-of-the-art spreadsheet programs. However, it is important to note that the entire process of designing and creating your own spreadsheet solutions by using spreadsheet-generating programs is time consuming and requires a good level of expertise. Without the help of a specialized team of experienced programmers and mathematicians, the process of obtaining efficient spreadsheet solutions can be very challenging. On the other hand, to hire and permanently maintain a team in charge of creating the right spreadsheet solutions for your business would be very costly. Added with the costs of regular spreadsheet-generating program purchases, the costs involved by forming and keeping a well-trained team of spreadsheet designers in your company can generate considerable financial losses to the business you are running, especially when you are the owner of a struggling micro-business. To eliminate the problems behind spreadsheet designing, the best option is to purchase high-quality ready-made spreadsheet solutions from a specialized, reliable provider.
Published at Thursday, May 13th 2021, 19:43:16 PM. Inventory Spreadsheet By Laurel Sparks. There are two information-related walls that a young company hits while trying to grow. The first wall is what I call "spreadsheet suffocation." It is that stage of information sharing pain that causes people to start cussing. Where did you save the Johnson calculations? Who has the orders spreadsheet locked? Where did my new inventory list go? Did someone write over it? There was 2 days work in that spreadsheet! When a team of people reaches this point - whether they are a small company or a department within a larger enterprise - they need a central collaboration solution built. They may be able to buy it or they may have to build one, depending on their specific needs... but the pain of trying to collaborate is now so high that they are suffocating - a significant growth bottleneck has set in.