This Microsoft Excel software enables users to plan cash flow for multiple years, manage bills and deposits, analyze income and expenses, identify savings opportunities, perform "what-if" analysis, and visualize plans in a simple and flexible application.
The Microsoft Excel application under review is a software that offers simplicity, focus and flexibility. It has two primary functions that make it an essential tool for users.
The first function of the software is transaction management. With Excel, users can track bills, deposits, and transfers with relative ease. The platform offers swift detection of overdue bills and the capacity to mark transactions as "reconciled" which helps in proper bookkeeping.
The second function of the software is powerful analysis. Excel is an excellent tool for generating cash flow plans for multiple years ahead, and users can visualize these plans while identifying trends and opportunities for savings. It is undoubtedly a decision-support system offering in-depth analysis of the bottom line in various scenarios.
Excel stores user data in a spreadsheet, which is supported by many vendors and online services including banks and credit card companies. As a result, users can import data into Excel quickly and integrations with other software will not pose a challenge.
In summary, Microsoft Excel is a robust tool that helps users manage transactions and analyze data with relative ease. It is highly customizable and can cater to any user's needs. Also, because of the wide adoption of the format by various services, data import and export is effortless.
The first function of the software is transaction management. With Excel, users can track bills, deposits, and transfers with relative ease. The platform offers swift detection of overdue bills and the capacity to mark transactions as "reconciled" which helps in proper bookkeeping.
The second function of the software is powerful analysis. Excel is an excellent tool for generating cash flow plans for multiple years ahead, and users can visualize these plans while identifying trends and opportunities for savings. It is undoubtedly a decision-support system offering in-depth analysis of the bottom line in various scenarios.
Excel stores user data in a spreadsheet, which is supported by many vendors and online services including banks and credit card companies. As a result, users can import data into Excel quickly and integrations with other software will not pose a challenge.
In summary, Microsoft Excel is a robust tool that helps users manage transactions and analyze data with relative ease. It is highly customizable and can cater to any user's needs. Also, because of the wide adoption of the format by various services, data import and export is effortless.
What's New
Version 2.0: Added capability to generate calendar view