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Not dynamic : Data ranges become redundant when new records are added, resulting in established formulae needing to be altered. Overlooking these errors can be embarrassing and downright expensive, especially if important decisions are being made based on the data.

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.

Protection of formulae : How often have you forgotten to protect the cell contains the formula that took you hours to test and perfect. It takes one instance of honest human error, and that formula is gone.

The budget spreadsheets are little more advanced than the other as they have to undergo higher and tougher calculations and data entries. The budget planners vary according to the particular budgets. These templates are designed such that it fits the particular budget whether it is a wedding budget or the annual get together budget.

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