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.
Inventory and Ordering: With a little bit of wizardry, Excel can not only keep track of how much inventory you should have, but it can Email you an alert when you get too low on a particular product, making ordering a breeze. Doing the Schedule: Of course, Excel can be used to graphically display what times any given employee will be on the clock and thus make it easy to ensure that all of the necessary coverage is there for you. Customer Tracking: Few businesses need to track customers more accurately over a longer period of time than an auto shop; Excel offers you the power to do just that. By setting up an entry form that gathers the necessary information and then stores it deep in another sheet, you can easily keep records on hundreds of customers and their vehicles over months and years. Receipts: Because of an auto shop's specific needs when it comes to breaking down parts, labor, taxes, and other charges, Excel makes for an excellent receipt_making program.