Invoicing: Speaking of templates, Excel comes equipped with a wide variety of templates for invoicing services __ like laundry service for your work grubs. Create Recommendations: Whether you put it on your receipts or on your work orders, Excel's ability to add drop_down menus to a cell can make it easy for your employees to select an extra bit of maintenance that a customer's car could use. Maintain Service Histories: The same drop_down menus that power the ability to offer maintenance recommendations can be used to create standardized service histories that are easy to read and use. Work Orders: A simple Excel template will allow you to create standardized and easy_to_read work orders that can be printed, modified, and saved with ease.
I never have to reinvent the wheel. And as a professional accountant, you can imagine how many different "wheels" I use every day! Profit & Loss statements, Balance Sheets, Cash Flow Forecasts, Time Sheets, Break_Even Analyses, Margin Calculations, Business Plans, etc, etc. When using your own prior work as a financial template, you get another benefit _ you are so familiar with the template that it takes you no time to figure out how to use it. And each time you refine it just a little bit more. So pretty soon your templates run like a Swiss watch! All the bugs have been worked out, you have tested it with many different clients and many different business scenarios and you know you have something you can depend on. Financial Templates as Tools _ For someone who is not a finance professional, financial templates serve a slightly different purpose. They still save time, of course, but they also provide a tool that person would have to pay someone else to develop.