Accounting Practices

There are a number of benefits in adopting an automated system especially for accounting practices. To succeed in a very competitive global market, an organization needs to deliver its services and goods on time and hopefully at a low cost. One way of achieving this objective is to maximize all the resources that are available and use them to the company’s advantage.
Using an automated accounting system can reduce time, costs, and human resources devoted to manual recording of transactions. Because accounting work is most often cyclic and repetitive, coming up with a template that will cover the requirements of the reports will allow for an easier and faster preparation. The tediousness in report preparation will somehow be lessened and will give employees additional time to attend to other important matters.
One other benefit that may also be derived is to minimize errors resulting from manual and repetitive actions. Reports may already be linked for automatic consolidation and other computations and designed in such a way that one entry will automatically adjust other related entries.

Automated systems also allow for better and more efficient analysis. Because numbers are updated real-time, management can easily prepare analysis needed for any strategic plans, whether short-term or long-term. Using the right tools, various scenario projections may be used to come up with a more informed plan.
The following are the tools and functions used in the EXCEL report:

Formatting

Automatic column width adjustment
Numbering style to show two decimal places only and in (red font) for a negative value
Percentage style to show two decimal places only and in (red font) for a negative value
Font style for titles and table headings
Highlighting values

Functions and Calculations

Linkage of numbers across different worksheets. Numbers in worksheets ‘task 1, task 2, task 3’ are linked to the corresponding columns in ‘data’ worksheet to ensure that same reference is being used and numbers are consistent in the various reports.
Addition, subtraction, multiplication and division functions in all worksheets to compute for required results
‘Copy and paste’ functions used in copying column headers in ‘data’ worksheet and transposing their values to show them as row headers in ‘task’ worksheets

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Use the discount code "30OFFNOW" today and get a 30% offOrder Now