Part of the fundamental financial analysis of any company, investment security, or business project entails the computation of cash flows. This is typically done in a cash flow template Excel spreadsheet which is pre_built for the purpose. The reason for this is that this type of template is not a simple calculator you build on the fly with little effort. It requires a lot of thinking, organizing the spreadsheets and formulas, and some planning about how to model cash in and cash out for each potential investment. In other words, there is no cookie cutter approach because each potential investment has different profit and loss drivers.
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.