If you download the excel store bookkeeping application, then you will get many benefits and conveniences from the application.
Accounting work becomes easier, more accurate, and efficient if you use a store bookkeeping application.
Well, before you know what are the benefits of downloading the excel store bookkeeping application, let’s look at the following explanation first.
Table of Contents
1 What is Included in Creating an Excel Store Bookkeeping Application?
1.1 1. Accounting excel formula
1.2 2. Range
1.3 3. Visual Basic for Application VBA
2 Benefits of Downloading the Excel Store Bookkeeping Application
2.1 7. Save unlimited data
2.2 8. Reduce negligence
3 Quick Tutorials on Using the Excel Store Bookkeeping Application
4 Take Advantage of the Journal Bookkeeping Application by Mekari to Grow Your Business!
What is Included in Creating an Excel Store Bookkeeping Application?
Well, below are a number of formulas in making a store bookkeeping application.
1. Accounting excel formula
In making the excel store bookkeeping application, there are a number of accounting formulas in it.
This is because one of the advantages of excel is that it has a variety of formulas that can simplify human work.
So, you can use these excel formulas to analyze data, calculate a certain amount of data, and so on.
Well, here are the formulas that exist in making excel accounting applications, such as downloading the excel store bookkeeping application.
If
The if a formula is used to determine whether the data is in accordance with the desired or not.
This formula can also determine what will happen if it turns out that the data does not match.
Sum if
What is the function of this one formula? The function of the sum if is to add up all the accounts in the chart of accounts.
For example, if you have a cash account, then this formula can add up the amount of data associated with the cash account only.
Vlookup
The function of this formula is to be able to look up account numbers automatically. This formula is usually used in general journals.
2. Range
The next formula in making the Excel store bookkeeping application is range. The range is the cell or group of cells that you name.
The purpose of naming this is so that you don’t have to remember where the cells are when creating formulas.
3. Visual Basic for Application VBA
VBA is a feature that can be used for excel formulas that cannot serve your needs.
For example, you can use this feature to perform a general journal filter when creating a general ledger or ledger.
Benefits of Downloading Excel Store Bookkeeping Application
If you download the excel store bookkeeping application, what will you get? Well, here are the benefits of the Excel store bookkeeping application.
1. Knowing the financial status of the business
The first benefit is that you can find out the financial status of your business.
This will make work more practical because you can view financial reports anytime and anywhere, so decision-making is faster.
Not all business people know the basics of accounting to make financial reports.
2. Easier surveillance access
By using the excel store bookkeeping application, you can access the application more easily so that business supervision is also easier.
You no longer need to come directly to your store or business location to monitor expenses and sales.
You can find out transaction data on expenses and sales at your place of business in real-time only through your cellphone.
3. Facilitate business performance evaluation
Bookkeeping reports play an important role in the business world. This is because entrepreneurs can see or monitor their business.
Therefore, store bookkeeping applications are useful for facilitating business performance evaluation.
If there is a profitable strategy, then maintain that strategy. If there is a strategy that is detrimental, then improve the strategy.
Now, by downloading the excel store bookkeeping application, you can make it easier to evaluate work.
4. Accurate business strategy
The next step, if you have carried out a work evaluation, then you must develop an accurate business strategy for the next period.
This aims to improve strategies in the previous period that did not produce good results.
Well, with financial reports that you can get from the excel store bookkeeping application, you can develop a more accurate business strategy.
Well, if you can devise a better strategy for the next period, then the sales of your product or service will continue to increase.
5. Systematic transaction recording
If you download the excel store bookkeeping application, then you can record detailed and accurate transaction data in quick time.
Besides being able to be used for store bookkeeping needs, usually bookkeeping applications can also be used for cashier applications.
So, all sales records of products or services are directly saved to this application system.
6. Improve business branding
Another benefit of this application is to increase your business branding.
Why is that? This is because you can introduce your business to customers if you use the latest technology.
If customers know your business is using the latest technology, it will add good value to the customer.
In particular, you will get special and better attention from millennials.
With this application, you don’t need to be confused about financial statements and store bookkeeping anymore.
Thus, you only need to focus on serving customers and improving your business services.
7. Save unlimited data
Downloading the excel store bookkeeping application is also useful for recording transaction data at your place of business without any restrictions.
Why is that? Because this application database has a system that can support this.
You can also access the data anywhere and anytime in real-time. The work becomes more efficient, practical, and effective.
The excel store bookkeeping application can also provide automatic calculations, so you can make financial reports automatically and accurately.
8. Reduce negligence
Store bookkeeping reports made by humans are often errors or omissions. This is natural because humans can not escape from being wrong.
Well, now you don’t have to worry about this anymore because the excel store bookkeeping application can anticipate human negligence.
You can save all transaction data at your place of business in the application.
Another benefit is that you can find the desired transaction data in just seconds.
A Quick Tutorial on Using the Excel Store Bookkeeping Application
You can input data in the journal sheet section. Well, from the sheet, you need to enter the related account.
For example, if there is an investment transaction of 100 million rupees by a business owner, the journal for that transaction is ‘Bank’ next to the debit.
In addition, also enter the capital in the section next to the credit of Rs. 100 million.
In addition, each application usually has a different user guide.