Home
>
Software
>
How To Make Good Use of Spreadsheets

How To Make Good Use of Spreadsheets

Most computer users use spreadsheets software such as Microsoft Excel in their daily home and office. However very few are aware of the potential of spreadsheets in helping them in financial accounting and statistical analysis.

There are many uses of spreadsheets beyond the simple arithmetical and data analysis we are used to. Spreadsheets can assist us in many tasks with accuracy and speed.

Before we look at some of the uses we can put Spreadsheet software to let's look at a few of its features, which make it unique and useful.

The most important features of any spreadsheet are the calculation of figures using arithmetic signs or functions. While not completely unique to spreadsheets, this feature is particularly more visible and word processing software.

For example in Microsoft Excel, there is a formula bar for typing or displaying typed formulas. The formula can be inserted in this bar or in a specific cell preceded by an = (equal) sign.

You need not insert actual figures, as that would be cumbersome. You simply specify a function such as SUM, AVERAGE, e.t.c and enclose into brackets the beginning column and row numbers and the ending column and row numbers.

The use of functions helps to easily perform calculations. Not only would the computation be accurate but it helps to simplify an otherwise complicated calculations process.

As we have seen, Spreadsheets have many useful features, which make calculation of figures simpler. Now let's look at some of the uses you can put spreadsheets to:

Whether at the office or at home, drawing and maintaining budgets is important. Not only will you be focused and be able to pursue your financial objects clearly with a budget, but you can compare your actual versus planned performance. You can easily prepare a detailed budget with spreadsheets. The calculations can easily be done by entering appropriate formulas and getting the totals and differences.

So you can prepare a cash flow analysis for Monitoring and predicting likely income and expenditure to keep in track with financial affairs of your office or home.

Similarly you may easily predict changes in values such as effects of a price change on costs, discounts and profit. A fixed table can be prepared to show these changes but more significantly the figures could be changed from time to time to reflect new situations with same formulas in place.

Perhaps the most frequent use of spreadsheets is in financial and cost accounting. Many businesses use spreadsheets to calculate balance sheets, profit and loss accounts and cash books.

You can perform bank reconciliation, calculate jobs costs, taxes, schedule payments, forecast profits and control stocks. In all these tasks the spreadsheet proves a very important tool in simplifying the computation process and production of the results.

In data collection and analysis, spreadsheets can be used to record, present and analyses the results of polls, surveys and research. With new gadgets such as handheld, laptops and computerized. Mobile phones, you can do all that while on the road and getting the results instantly.

For teachers and students, in addition to the foregoing, spreadsheets can be used in class work and research activities.

In mathematics and the sciences, spreadsheets could be used to convert temperature figures whether in Celsius or far hermetic, metric to imperial measurements, pounds to kilos, exchange rates among a host of other measurements.

You can also calculate trigonometric and logarithmic functions, standard deviations and critical path analysis.

In addition, the computations may be presented in table on graphic form. There are buttons you can click to make your data appear in table format or in the form of graphs and charts. These enhance the presentability and understanding of the data.

I could give you a hundred or so uses of spreadsheets. However, the few I have mentioned are the more important. Suffice it to say that spreadsheets software is some of the most important application software used at the office and home.

About The Author

Abdallah Khamis Abdallah is a freelance copywriter and ghost writer. To find out how you can enhance your business's sales and profits through credibility and viral marketing solutions visit his website at: http://www.qualitywritingsolutions.com/

http://www.qualitywritingsolutions.com/

monthly home cleaning Buffalo Grove ..

In The News:

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.

Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.

Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.

Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.

A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.

A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.

New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.

Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.

Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.

Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.

How To Make Good Use of Spreadsheets

Software