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.
One of the first things to consider is what kind of data you have to work with in your cash flow template Excel spreadsheet. Ideally, you're looking for accurate monthly data including income statement items like revenue and operating expenses and balance sheet items like equipment purchases and cash from financing activities. If you have a longer time frame you can go with quarterly periods, but annual tends to be too long. After all, how can you predict what is going to happen beyond 5 years with any accuracy unless you're valuing an annuity?