2006-06-24 13:24:51 · 5 answers · asked by angel_rat_83 1 in Business & Finance ➔ Other - Business & Finance
to spread the ****.. err.. sheet as in spreadsheet or worksheet
2006-06-24 13:40:24 · answer #1 · answered by katrina_ponti 6 · 8⤊ 1⤋
1) Record keeping and performing calculations, for which the COMPANY doesn't have a specific application.
For example:
-Depreciation calculation
-Income Tax calculation (and related workpapers)
-Bank reconciliations
2) Preparing special reports, which require rearranging data and performing calculations, generated/store in other systems. Most accounting, payroll, financial, or sales applications have an option of exporting data to Excel Sheets.
The importance/use of excel depends on the size of the company and the availability of specialized applications.
For example: if it's a small business, perhaps you could even generate the payroll, record sales, control assets, using an excel sheet.
2006-06-24 13:38:16 · answer #2 · answered by ? 5 · 0⤊ 0⤋
It's a great tool. You can set up formulas so that the math is done automatically. You can sort to your hearts content (which clients buy the most, which pay the slowest, etc). In short, if you don't have an in-house programmer and don't want to pay extra for software (it comes with free with Word packages), Excel is a great system to have.
2006-06-24 13:41:41 · answer #3 · answered by CarolO 7 · 0⤊ 0⤋
I use excel for auditing. I can import from most accounting programs.
I can find errors or double payments, by linking the sheets.
2006-06-24 14:11:50 · answer #4 · answered by ?333 1 · 0⤊ 0⤋
To orgaize their workpapers.
2006-06-24 13:37:10 · answer #5 · answered by rcb26 4 · 0⤊ 0⤋