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Published at Saturday, May 29th 2021, 07:35:56 AM. Expenses Spreadsheet By Sandy Wade. 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 Saturday, May 29th 2021, 06:46:29 AM. Expenses Spreadsheet By Sabrina Walters. 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 Saturday, May 29th 2021, 06:07:07 AM. Expenses Spreadsheet By Doris Poole. Another useful function is that you can add hyperlinks to your PowerPoint slides that lead to your MS Excel documents. This can prove useful should you want to have spreadsheets available to add extra information, if it is required during your presentation. Once you have created charts in MS Excel you may like any changes to them to be linked to PowerPoint slides. This is possible using the Microsoft Office Excel Chart Object, which allows you to create links to diagrams that have been updated, ensuring your presentation contains the most recent adaptations to spreadsheet data. Another application that you can paste your MS Excel data into is MS Word. This can be beneficial to those who need to create informative documents that feature spreadsheets.
Published at Saturday, May 29th 2021, 05:25:29 AM. Expenses Spreadsheet By Laurel Sparks. 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, May 29th 2021, 04:37:28 AM. Expenses Spreadsheet By Isabel Cotton. When developing a spread sheet solution in Excel, you make decisions and change features and formulas which at the time make perfect sense and have a logical flow. Once you come back to amend, or enhance or troubleshoot your spread sheet, what made sense at the time of development, may not be so obvious at a later date. So here are my top 5 things to avoid when developing a spreadsheet solution to enable you to troubleshoot any issues and make your spread sheet as efficient as possible. 1. Merged Cells. They may look good, but they can play havoc on the functionality of you spreadsheet including losing the ability to sort data correctly or run VBA as it does not handle merged cells very well. You also lose the functionality of a normal data table in Excel; that is the great functions such as Pivot Tables, SUMIF, COUNTIF etc the list goes on!. If you want to use Auto Fill- no chance with merged cells and do not expect to be able to copy and paste either.
Published at Saturday, May 29th 2021, 03:49:14 AM. Expenses Spreadsheet By Laurel Sparks. 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, May 29th 2021, 03:09:03 AM. Expenses Spreadsheet By Rene Paul. 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.