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Side Business - Why You should Learn Spreadsheets

Postby skysnap » 14 Apr 2017, 08:27

I think every business owner should understand how to do accounts. And most of the accounts are done on the spreadsheet in raw form. Then later many choose to add it in applications such as tally or quick-books. And this way many people have managed to learn about spreadsheet and it's business usage. It can be noted that many can do lot better with the spreadsheet usage in everyday form. In this article, we are going to discuss why spreadsheets are good and why we should use them.

Data Entry

When it comes to everyday life you can find that data entry is one of the important things in thee market. You have to understand that cash flow, transactions can be recorded in a logical way into the data entry. Anyone can do the data entry and learn more about the business organization. I think many of us need to do that in our business. This way data entry is not worth to be ignored. And using the spreadsheet can solve this issue of the side business.

RSS Feeds

Many times the data from the financial channels like stocks and other financial markets is in form of RSS feed. Many spreadsheet applications make use of the RSS feed. And that way you can seee that they can use the data. You can import RSS feed in Google spreadsheet. You can do the same in Excel and other applications too. You can see that RSS feed can make it easy for many business to filter and use the data from their own or others website.

Accounting

Most of the accounting tasks are easy to do under the spreadsheet. The reason for that is many people can setup custom template and then build on those things. I think we have to learn accounting and it's basic and learn to apply it's skills in the spreadsheet. This way one can do a lot with accounting. I am sure you know there are applications which can avoid making use of the spreadsheet but often that data too is exported to the spreadsheet.

Templates

Many templates in spreadsheet can make it easy for you to manage the data. And you can easily use them without stressing much yourselves. You can find that both Excel and google spreadsheet has some templates which can be usable. You can see that some of those templates can be good for many reasons. Your use of templates is known to save the overall time of the workforce. I think if you use templates for daily transaction, budget and many other small things, you can save a lot of money. You don't even need quickbooks in such context. That is for sure as well.

These are some good reasons to use the spreadsheet in everyday business. You can make use of those spreadsheet mostly to save time and money. So understand when it applies in your use case there as well.
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Re: Side Business - Why You should Learn Spreadsheets

Postby peachpurple » 15 Apr 2017, 21:42

One thing I love about spreadsheets is it can calculate maths with formulas and it can do database function
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Re: Side Business - Why You should Learn Spreadsheets

Postby Streamguy69 » 15 Apr 2017, 22:59

I actually had this program on an older computer. Since they started charging for office I have not bought it because I don't use it everyday.
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Re: Side Business - Why You should Learn Spreadsheets

Postby Fergal » 16 Apr 2017, 09:05

peachpurple wrote:One thing I love about spreadsheets ... it can do database function

Can you please give a little more info on that and how you are using spreadsheets for database functions? Are you using it to store rows of information or something else?
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Re: Side Business - Why You should Learn Spreadsheets

Postby Sainfai » 16 Apr 2017, 20:15

Yeah, spreadsheets are definitely very useful. I think every person should know how to use them.
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Re: Side Business - Why You should Learn Spreadsheets

Postby Happyland » 21 Apr 2017, 04:38

Using spreadsheets can make your life easier. For one, they can help in making decisions. For example when choosing among alternatives a spreadsheet can perform a "what-if" analysis for you in an efficient manner. Just input the changes and like magic you have the comparison right before your eyes!
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Re: Side Business - Why You should Learn Spreadsheets

Postby ken alto » 26 Apr 2017, 14:19

Spreadsheets make work easier in businesses. Every business person should know at least the basics. Nowadays the softwares are more advanced making them even more useful.
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Re: Side Business - Why You should Learn Spreadsheets

Postby Happyland » 26 Apr 2017, 22:37

ken alto wrote:Spreadsheets make work easier in businesses. Every business person should know at least the basics. Nowadays the softwares are more advanced making them even more useful.
Yes I agree. Businesses use big users of spreadsheets. I can remember many spreadsheet packages in the past such as symphony, excel, works etc. Even google has a package available. Microsoft dominated the field and charge a hefty price for a long time. Now there are numerous low cost of free spreadsheets available.
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