Businesses will use spreadsheet for various purposes, but how differently do accountants use it?
Spreadsheet is completely different from a computerised accounting package. It can be used for a thousand and one functions, and there are several ways of doing the same thing in spreadsheet. The use of spreadsheet in accounting concentrates on the saving of time by performing tasks faster with the use of shortcuts, formulae, macros and the various wizards. Data from accounting software are transferred to a spreadsheet to prepare schedules and tables that a computerised accounting package may not be able to prepare.
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