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Excel Checkbook Spreadsheet

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Joanna Charlotte May 1, 2021 Spreadsheet

Serving for a multitude of purposes and being renowned for their efficiency and reliability, spreadsheet solutions have a major contribution to business management and development. Existing spreadsheet solutions are no longer limited to accountancy processes (monitoring financial data, managing budgets and facilitating a series of data manipulation processes); they can also be successfully used as means of business analysis, organization, as well as forecasting, allowing companies to gradually expand, achieve better exposure and neutralize the competition.

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Small businesses can also benefit from professionally produced bookkeeping spreadsheets that have been specifically arranged not just to produce a list of income and expenses but also in a way that analyze that information in the way the small business requires it. There are two main requirements of the way the financial records are analyzed being to produce a financial profit and loss account for the business on a periodic basis but also to provide the totals of the categories required for taxation purposes.

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By their nature, large spreadsheets are difficult for a third party to comprehend as their inherent flexibility for editing allows users to generate a complex web of cell references which are arduous to audit. Panko (2000), Paine, (2003), and Scanlan et al (2006) examine this problem. Worse still, there is a tendency for the spreadsheet author to misguidedly compound the problem by expending a considerable amount of effort into hiding the detail behind an elaborate and visually attractive ‘front end‘. Should the author of such an application leave the organization, it is commonly abandoned as colleagues are reluctant to master its complexity and often refuse to take ownership of it, as they are busy with their main work. Paine states that spreadsheets have almost no features for building applications out of parts that can be developed and tested independently.

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It is proposed that software and information represented by the software, be separated but represented in the same open standard searchable way. Software and the information it manipulates are just information that has different uses, there is no reason why software must be represented differently from other information. So XML can be used both as the information input and output by the application, and for the definition of the model itself. The model can read or write information it represents, and the information can read from or write to the model. This recursion makes ‘meta-programming‘ possible.

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In today‘s competitive climate, proper business management and organization plans are crucial for companies that strive to maintain leading positions on the market. Apart from a substantial capital, company owners have to invest lots of time and effort in order to maximize the efficiency, profitability and exposure of their business. However, companies can nowadays achieve these goals with less effort and in a cheaper way by using properly designed spreadsheets. The right spreadsheet solutions allow companies of all shapes and sizes to achieve and maintain a prominent position on the market, optimizing and accelerating a wide range of specific business processes and tasks.

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A popular category of ready-made spreadsheets mentioned earlier, is ‘Spreadsheets for Actors‘. ‘Spreadsheets for Actors‘ includes sets of programmed spreadsheets that are especially designed for professionals in the entertainment industry, from Actors to Producers. The spreadsheets under ‘Spreadsheets for Actors‘ range from facilitating the managing of budgets to keeping track of income emerging from many sources.

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