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Spreadsheet Templates. Friday , April 06th , 2018 - 05:57:37 AM

It is easy and inexpensive to use accounting spreadsheets but are they the correct choice for small businesses? We all know that there is a legal requirement to maintain accurate accounting records covering your business transactions. The tax man, the VAT man and a miscellany of compliance regulations means that accurate bookkeeping records are essential.

Electronic Spreadsheets Give Insight into Business Financials, Say you have a seasonal business and know that you do well during the summer and the winter holidays and nose-dive in January through March. You can use a spreadsheet to help you budget during the fat times to have some cash padding during the lean times. You can also look years into the future and get an idea of how small changes may affect your overall financial picture.

Do not over format. Yes make it easy to read and follow, but do go to far, this will add bulk and can inhibit the performance of Excel. in particular conditional formatting can slow down Excel, as it continually recalculates.

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