Expenses Tracking Spreadsheet
That is the second real value of bookkeeping spreadsheets the ability to provide the business with financial information and through that data financial control over the business activities. The first value is of course the simplicity of listing with automated summation of the figures. 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.
At some stage these prime bookkeeping documents need to be processed. 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.
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Unfortunately manual insertions led to cheating tricks which involved clocking into work by proxy. In this case an individual would ask a co-worker to insert their cards one after the other into the time clock. Thus it would look like the first employee also clocked in early but in truth it was almost ten o clock when he sat down at his desk. However the recent developments in computer technology have turned this "cheat" and others like it into a relic of the analog-dependent past. Now there s a more reliable method in managing the monthly payroll that s free from overt manipulation of actual hours worked.
If you wanted to make sure the hours summed up correctly and included all work done during a holiday or the night shift you could take the less expensive route by using custom business software that helps you manage your payroll easily. Instead of spending more by hiring new staff to make sure your employees get paid accordingly why not get custom-made software that s specially designed for your payroll needs? It runs on top of MS Excel which you and everyone else already know to use. And so you and your staff won t need any additional training which leads to its faster implementation in your company s accounting system.