Yseult Rita May 1, 2021 Spreadsheet
Hence the use of bookkeeping spreadsheets to prepare the accounting information required.
”Spreadsheets for Small Business” is a complete package of ready-made spreadsheets that optimizes and facilitates a series of business processes such as sales exec commission tracking, calculating business expenses and planning budgets. The ”Spreadsheet for Small Business” package incorporates valuable programmed spreadsheets such as ”Small Business Expense Spreadsheet” – provides accountants and tax-preparers with a complete report on relevant business expenses; ”Producer‘s Budget” – helps users to establish budgets and keep track of their spending; ”Monthly Personal Budget” – designed to track daily, weekly and monthly spending for individuals.
Apart from these very popular categories, business owners can find various other types of spreadsheets solutions by collaborating with a prominent, reliable spreadsheet-solution-providing company and opt for the ‘Personalized Spreadsheet‘; solutions that are especially designed to meet your imposed criteria, created from scratch, tailor-made and adapted to your particular needs.
Many large companies have outsourced the management and support of their IT systems to third parties. Very strict management processes and procedures for the acquisition and implementation of new systems have been introduced. A side-effect of this policy is a tendency for employees to make extensive use of spreadsheets and macro programming languages for information storage, analysis, and manipulation (Scanlan et al, 2006). These applications establish themselves as a legitimate part of the business processes of the organization despite the essentially uncontrolled nature of their development. This is a worrying trend as these applications are frequently undocumented, rarely fully tested or validated, and are produced by people who often have little or no formal training in good systems development practice. An alternative approach of User Driven Modelling is required, because large spreadsheets are unmaintainable in the long run.
Instead of listing the items on a paper list the items can be just as easily listed on a spreadsheet which will add up the items as required without the requirement to double check the adding up is accurate. Such a list has a history in accounting term as a sales day book and a purchase day book. To achieve the required analysis of sales and purchases all that is required is to write into the top of each of the spreadsheet columns the titles of the analysis headings required. Then repeat the value of each transaction in the total column into the analysis columns. Use the spreadsheet technology to add up each column and you have an effective bookkeeping spreadsheet.
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.