Question

10 disscused reasons why organisatoions use electronic spreedsheet​

Answer 1

Well, In any accounting role, you can benefit from incorporating spreadsheets into everyday tasks, making your job streamlined and easier to manage. If you’re looking to progress onto AAT Level 3 Advanced Diploma, it’s good to see how spreadsheets can support you.

a) Easy payment tracking  - While small business owners and those new to accounting can find it difficult to track payments, spreadsheets offer a simple solution.  Spreadsheets are commonly used to analyse money that has been spent and income that has been received. They allow you to split the amount of money you have spent and received by time period and source. For example, you can separate out different types of expenditure such as rent or insurance, and track exactly how much can been spent on these in each month, by using a simple table.