Expense Tracker Template For Excel
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.
Patterns are good to use if you want to identify an area as defunct or currently not in use. Some use a strikeout on the information already there but a pattern can leave the information fairly easy to read but at the same time provide a kind of "construction area" type look to signify that this information is not currently in use on the spreadsheet. The number options refer to the type of information you re placing in the cell. If you tell Excel that you are entering currency numbers then it will automatically add the dollar sign (or others if using a different currency) and decimal point as you enter numbers.
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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.
Yet there is no tool for project management that is more popular or widespread than the spreadsheet despite the fact that spreadsheets are not designed to be project support tools. Even in organizations with an established project management tool spreadsheets are used. There are obvious reasons for this. A spreadsheet program is on almost every computer in every organization people are familiar with spreadsheets and how to use them and people are pre-disposed to use these "office" types of software tools to solve problems. And I am right there with them. I love using spreadsheets to track all kinds of data.