By . Inventory Spreadsheet. At Monday, May 10th 2021, 22:29:00 PM.
If you have Microsoft Excel, you can create budgeting spreadsheets to help you manage your money. Instead of buying expensive software that will only be used for your budget, spreadsheets can be used for a variety of tasks. If you dont have Excel, you can find free spreadsheet applications online in which to manage your budget. Most spreadsheet applications have built in formulas and functions that will do the math for you so you dont have to. You can keep a running balance of your accounts and you can have each category totaled as well. You can keep it as simple or make it as sophisticated as you please. Once you design the type of budgeting spreadsheets you want to use, it will be easy to copy it for subsequent months or years. You can also use just one sheet and create tabs for each month.
The spreadsheet was introduced back in the 1980s and evolved into a complex program, but with the right experience it can be an effective tool for estimating large or small projects. Standalone programs work fine for estimating large projects; however they cannot estimate all structural elements of the project, such as, concrete, reinforcement, form-work, excavation, and back-fill at one time. Because of this restriction, contractors are forced to develop spreadsheet calculators ensuring bids were covering all required disciplines in their bids to ensure correctness. Construction bids missing important materials or a labor calculation is the number one reason companies incur large loses on projects they would generally have slim profits designed into the bid.
XL Spreadsheet lunacy in IT? It still amazes me to learn how many companies are managing their IT networks using XL Spreadsheets. This is either a compliment to Microsoft for creating a powerful spreadsheet application that serves many purposes or is it a sign of lunacy on behalf of IT? Many businesses still rely on using XL spreadsheets to keep tabs on their IT infrastructure, be that running an IT Help desk or auditing their network. Is this just a case of the old school verses technical phobia or is it just budget conscious IT departments? Whats wrong with the good old spreadsheet anyway one might ask? Why be sucked into using technology for technology sake?