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Tuesday, December 4th 2018. | Spreadsheet Template

Rental Property Investment Spreadsheet Calculator Template

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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. Hence the use of bookkeeping spreadsheets to prepare the accounting information required. 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.

Look for a font that is without serifs as they are easiest on the eyes. I would stick with black type but if a cell calls for more emphasis you may want to use a different color to signify a positive or negative. Use bold and italics when appropriate to let this information stand out from the rest. These features are outstanding for titles and headings. Try to make the font as large as you can to fit in the cell. Ten point is a good and readable size. There s nothing worse than having to squint to read the information on your spreadsheet. If you can t read it chances are good that the people you re preparing the spreadsheet for won t be able to read it either.

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All the Accounts you set up for your business is called a Chart of Accounts. Recording your business financial transactions (Journal Entries) can be executed with pen and ink on an accounting columnar pad or electronically with your computer using a spreadsheet program (MS Excel Open Office Star Office). Whether you employ electronic or hardcopy media you need to develop a simple Journal template to create your Business Synoptic Journal. This Synoptic Journal format has the advantage of allowing you a complete view of all your individual journal entry transactions against all your various Business Accounts.

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