The Benefits and Limitations of Spreadsheets - Spreadsheets are vital for many businesses to use on a daily basis. This article explores how beneficial they can be, and whether they have any limitations. You may be able to find ways to enhance your business as a result of reading this piece.
Spreadsheets are vital for many
businesses to use on a daily basis. This article explores how
beneficial they can be, and whether they have any limitations. You
may be able to find ways to enhance your business as a result of
reading this piece.
Most people are familiar with
spreadsheets. Not everyone has the need to use them on a daily basis,
but others work with them all the time as part of their job role. In
addition many self employed people and those who have their own
businesses – whatever the size – use spreadsheets to handle data
of all kinds.
Spreadsheets have lots of benefits to
keep in mind. Firstly they can be used to add up and calculate
formulas in various ways. For example if you keep a record of all
your business sales in an Excel or Access spreadsheet, you will be
able to see the running total of all your sales in an instant at all
times. This is far better than having to manually add everything up
all the time.
Another big benefit is that you can set
up formulas to help you make calculations on a continuing basis.
Let’s say you keep a spreadsheet that records all your income
during a given month. If you are self employed you should ideally
squirrel a certain amount away every month to cover your tax payments
when they fall due. You can set up a spreadsheet to automatically
give you the percentage of your income that should be set aside. All
you have to do then is to make the actual transaction to send the
money over to a different bank account.
This is just touching on the benefits
of spreadsheets – there are many more as well. But for all the
benefits you will get from them, there may come a time when they
cannot do all the complex calculations you want them to. If this is
the case you should consider hiring an Excel or Access programmer to
create something that will fulfil all your needs.
There is a good reason for this. No two
businesses are exactly the same. Furthermore different people will
run different businesses in different ways, depending on their
outlook and way of working. But they will all likely benefit from
hiring an Access consultancy to look at how they are working with
spreadsheets. An Access programmer
will help understand how they are used and what is missing. They can
then create a program specific to the requirements and needs of that
very business.
This can not only save time for those
using the spreadsheets, it can save money as well. If you aren’t
getting the range of data you need from your spreadsheets at the
moment, you need another solution. An Access consultancy
can help steer you towards that solution, so you can enjoy the best
and smoothest way of working at all times. If you are struggling with
your spreadsheets at the moment, you may just have found a way to
resolve your problem.
Disclaimer: Dime-Co.Com is an online information article and video article network. All articles, video articles, comments, and other features herein are for informational purposes only and are provided "as is" without warranties, representations or guarantees of any kind. The views and opinions expressed in an article, comments, links or blogs are the author's own, and not necessarily those of dime-co.com's owners. For full disclaimer, please read our TOS.
