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Stock Trading Journal Spreadsheet

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Cadencia Nawel April 19, 2021 Spreadsheet

Spreadsheet: A table of rows and columns, free for the entry of data, or formulae for calculating actions on those data. Each row or column is said to contain many ‘cells‘ and these cells serve as ‘homes‘ for every shred of information. Many spreadsheet applications nowadays have functionality above and beyond the traditional, offering a variety of charts, look-up tables, databases and more functionality than can be mentioned here.

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In order to ensure that you are provided with high-quality spreadsheet solutions and that they are 100 percent compatible with the profile and size of your business, you need to possess performing, state-of-the-art spreadsheet programs. However, it is important to note that the entire process of designing and creating your own spreadsheet solutions by using spreadsheet-generating programs is time consuming and requires a good level of expertise. Without the help of a specialized team of experienced programmers and mathematicians, the process of obtaining efficient spreadsheet solutions can be very challenging.

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A consideration which influences my research into End-User Programming and Modelling is that organizations should not use proprietary or closed standards for their information. Systems should be designed with the assumption that information, which represents the primary system asset, may eventually need to be migrated to another software tool or environment. Open use of information was the priority for the DATUM project. This project is explained in ‘DATUM Project: Cost Estimating Environment for Support of Aerospace Design Decision Making‘ (Scanlan et al, 2006). Therefore a requirement of this research is that open standard semantic languages are used to represent information, to be used both as input and output of the models. These languages are based on eXtensible Markup Language (XML). These same open standard languages can be used for developing the program code of models.

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Processing the financial documents related to a business enterprise basically means they need to be listed. For taxation and financial control purposes the invoices also need to be added up and analyzed. The most basic method would be to simply make a list of the sales income and a second list of the purchase expenses. Using a manual method of listing the information falls short of the analysis required and is more time consuming that using a little technology to both ensure the summation is accurate and the analysis simplified. Listing the sales and expenses of a small business on spreadsheets is no more difficult then a manual paper system and has tremendous advantages in automating and ensuring accuracy.

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By requesting the services of such specialist spreadsheet-solution-providing companies, business owners can rest assured that their needs will be met with precision, dedication and professionalism. Such companies are empowered by experienced teams of Mathematicians and Microsoft Excel Spreadsheet Designer/Programmers whose goal is to surpass the requirements and desires of their clients.

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Regarded as a very effective and reliable means of data management, monitoring valuable financial data, as well as optimizing processes involving frequent data entry and manipulation, spreadsheet programs have rapidly become popular among businesses of all types and sizes. Elaborate, properly constructed spreadsheets greatly simplify a wide range of activities and processes within companies, enabling business owners to economize valuable time and effort, increase the efficiency of their business (Analysis), keep track of different tasks, manage their budget, optimize the planning of future events (Forecasting), organize and access valuable information, and optimize the completion of specific tasks. And thus, thanks to their many benefits, spreadsheet programs have come to be considered indispensable tools for businesses in today‘s competitive climate.

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