Find out how to solve financial problems with a simple spreadsheet(Finance professional)
The payroll Financial is a widely used tool by employers. Its simplicity and effectiveness allow both self - employed as a large employer organize the financial life and flow of business.
Advantages of the return differential
The professional management systems are a solution for companies dealing with a large volume of data, which have many customers and operate in different markets. In most cases, however, the return is a very convenient solution. Compared to complex applications, its main advantages are:
Control total
Work management systems generally enclosed and protected formulas. The employer only loads the data . In the forms is different: you have absolute control of formulas, means of load data and operation mode.
zero cost
(financial advisory consulting)It is difficult to find a more convenient cost than the forms: are free and perfectly adaptable . To implement them and start using them, the cost is zero and neither need nor servers, consulting or training course.
Simple integration
Each management system was programmed in a specific language and most are not concerned with external communication or other programs. By accepting any type of file, the forms get to work with virtually all system types .
Universal language
Created by Microsoft more than 30 years ago, the Excel has been established in the market as a tool for business use. It works in a basic way, but it also supports complex formulas. That's one of the reasons for its success: hardly anyone who works with data not know operate a digital form. In addition, formulas can be used in spreadsheets such as those of Google(Financial experts).
payroll
Simple and effective, the forms are among the oldest management tools. Photo: iStock, Getty Images
Using the template for your company
There are several ways to use spreadsheets to improve workflow, control the results and dynamics of the company. They included among the main applications:
organize data
It is the simplest way to use a spreadsheet: organize data from different sources to compare them or simply gather them in one place for easy processing.
riding graphics
(Finance)The graphics are basic instruments to show success or failure of a project. Very common in presentations, you can draw from well - constructed forms.
identify trends
By creating graphs and compare different attributes you can detect the direction of the business, identifying the seasonal drop in demand a lower productivity , etc.
guided reuniones
Organized and results obtained with the return will allow pautar company meetings, directing attention to what really matters , as showing the numbers.
Take decisions
Making decisions based on the forms is a routine in the lives of entrepreneurs. The sheets serve as support in thinking about the directions of the business, a new contract or the performance in the last fiscal year .
Cash flow
Prepare the cash flow -values payment- commitments received and is one of the functions most basic and efficient the payroll for small businesses. It is simple, free and help in financial management.
The most common errors
The main risk in taking payroll as a basic tool of organization is the vulnerability to failure , since data is constantly updated and there are several employees using these forms.
In general, few people in the company are able to build complex models(finance management) with interconnected formulas . Thus, it is more difficult to understand when the results are beyond expectations. Among the most common mistakes, there may be mentioned:
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