Most spreadsheet applications have built in formulas and functions that will do the math for you so you don't have to. You can keep a running balance of your accounts and you can have each category totaled as well. You can keep it as simple or make it as sophisticated as you please.
Spreadsheet templates can also be used for instant budgets such as an instant party budget and etc. The spreadsheets are designed to suit the time limits and they vary according to the time duration no matter whether it is an annual budget, monthly or weekly budget.
Regarded as a very effective and reliable means of data management, monitoring valuable financial data, as well as optimizing processes involving frequent data entry and manipulation, spreadsheet programs have rapidly become popular among businesses of all types and sizes.
Elaborate, properly constructed spreadsheets greatly simplify a wide range of activities and processes within companies, enabling business owners to economize valuable time and effort, increase the efficiency of their business (Analysis), keep track of different tasks, manage their budget, optimize the planning of future events (Forecasting), organize and access valuable information, and optimize the completion of specific tasks. And thus, thanks to their many benefits, spreadsheet programs have come to be considered indispensable tools for businesses in today's competitive climate.