What are 5 common business uses for electronic spreadsheets?

Answer 1

Forecasting how a business might do in the future.

Calculating tax.

Doing basic payrolls.

Calculating Revenues.

Producing charts.

--Going past 5--

Inventory tracking

Very (VERY) basic CRM for small businesses

Many free tools are available which leverage the versatility of spreadsheets. See related links for a handful that come to mind:

Answer 2

Electronic spreadsheets, such as the popular Microsoft application Excel, have a wide variety of uses, but five common examples are:

1) Organize data: The first and foremost function of any spreadsheet is to allow for the entry, retention, organization and manipulation of data.

2) Presentations: Once data has been entered into the spreadsheet, it is often used to generate charts or graphs to provide visual interpretations that are often integrated into formal presentations.

3) Database: As with the facilitation of presentations, spreadsheets can also provide external applications with the data needed to generate reports, lists, or format printed output such as labels. Additionally, they often supply or retain the data needed to drive larger functions like website operations.

4) Ongoing Tracking: Because spreadsheets can be copied and modified, they are often the best means to generate and track ongoing activities, such as recurring payroll activity or monthly cash flow. The ending balance from the previous period can be transferred as the starting balance to a new sheet and subsequent activity can be recorded to produce a chronological history of activity.

5) Data Calculation: Because spreadsheets allow users to program mathematical formulas within the cells of the sheet, they are very useful in creating worksheets to accomplish recurring calculations. For example, often spreadsheets are customized to create time sheets for employees. The employee enters the time they arrive at work, when they take breaks, and when they leave, and the spreadsheet can automatically compile the hours the employee has worked.

Answer 3

It could not be said that there are 12 uses for spreadsheets. A spreadsheet is a very versatile application and can have a huge amount of uses, such that it would be impossible to put a number on them. A spreadsheet is for numerical analysis and manipulation. Anything to do with calculations of any kind can be done with a spreadsheet. It can be used like a simple calculator for individual sums, through to doing things like working out financial details for a company. It can be used for payroll, accounts, stock control, simple databases and all sorts of other things. Things can also be done with text, dates, times and other kinds of data. You can also do charts and other types of graphics. All of these and many other things can be done using a spreadsheet.

Answer 4

The 5 Things You Can Use A Spreadsheet For Are - As A Modelling Tool , Store Data , Planning Something , Design And Use Formulaes!..x

Answer 5

1. To help calculate pay.

2. To print charts and graphs.

3. To find budget.

4. To find and calculate stock

5. To find how much storage you have