Preview

Excel Scenario Week 3 CIS 211

Better Essays
Open Document
Open Document
1076 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Excel Scenario Week 3 CIS 211
Excel Scenario's Scenario 1: A business professional calls the support desk looking to use Excel to organize data for the monthly expense report. He has never used Excel prior to this and has inquired about the functions that would support him with his task.

My general approach for this call would be to start off by explaining what Microsoft Excel is to the business professional. Microsoft Excel is an application used to create spreadsheets. It also provides the user with functions such as calculation, graphing tools, pivot tables, and so on. Following the basic description of the software I would then continue on be providing him with an in depth explanation of the features and functions that would be beneficial for his or her business needs. I would let them know that when they initially open an Excel spreadsheet they will see a rectangular grid of rows and columns. The horizontal rows are already labeled with numbers and the vertical rows are labeled with letters. Spreadsheets are commonly used to store and perform basic analysis of financial information. Excel will be able to assist you by performing basic mathematical operations such as summing columns and analyzing data to show trends on the monthly expense report. These functions will help the business professional find information such as loss or profit. It will also assist in calculating payment plans for loans, payroll expenses, and other costs the business may incur. I would also explain that Microsoft Excel can be used for more than just financial purposes. It will also allow the business to store and analyze other types of data as well. It can be used to graph and chart data to expose trends. It provides tools to aid in sorting and finding specific data, which will save the business a lot of time. The information stored in Excel can be integrated into web pages, electronic presentations, or it can be printed off in a report form. In order to ensure the business professional

You May Also Find These Documents Helpful

  • Good Essays

    U42 P1

    • 574 Words
    • 3 Pages

    In this document I will be stating why your company should start to use Microsoft Excel for the business accounts instead of doing everything manually with the current pen and paper system.…

    • 574 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A good accounting information system (AIS) will help create, maintain, and distribute the financial reports as well as perform tasks in payroll, accounts receivable, accounts payable, inventory, and budgeting (Bagranoff, Simkin, & Norman, 2010). Management will be able to set up controls in the system allowing staff to have access to what is necessary and appropriate for their job. They will be able to call up and modify this information electronically without searching or filling out new paperwork. Data entry will be mainstreamed, allowing for less key strokes, and integration of information. This will allow for better accuracy in accounting and accounts will be able to be managed more efficiently, including processing of bi-weekly payroll. Payroll will then be sent directly to processing and reports to the correct managers. Accounts receivable will be able to track when customers use the POS system and update the sales information. Accounts payable will track when a vendor payment is due, allowing for payment processing, and appropriate management and accounting reports. The inventory system will be more accurate saving Kudler time and…

    • 804 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Tips for Pam and Sue

    • 1337 Words
    • 6 Pages

    Basic Excel skills you need are the ability to construct histograms and scatterplots, to create dummy variables, copying or moving columns of data in a spreadsheet, and the ability to use the Correlation and Regression facilities under Data Analysis (available when Analysis ToolPak has been added in). Remember that Analysis ToolPak requires contiguous ranges of data for correlation or regression.…

    • 1337 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Econ 302 Exam

    • 730 Words
    • 3 Pages

    • Be able to take results from a regression in Excel and interpret the results. This includes…

    • 730 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    A business therefore requires employees to have knowledge of how to create a spreadsheet and how to use formulae and functions effectively. This unit will provide the learner with the skills to enable them to create and use a complex spreadsheet model. The aim of this unit is to help the learner understand how spreadsheets can be used to solve complex problems. Learners will learn how to create a complex spreadsheet model and to use a range of formulae and functions.…

    • 3515 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    rsm100

    • 2110 Words
    • 9 Pages

    The major users of accounting information are managers at a business, government agency, or not-for-profit organization. Accounting information helps them to plan and control daily and long-range operation.…

    • 2110 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Ss2 Assesment

    • 1737 Words
    • 7 Pages

    In order to achieve your Level 2 ITQ Certificate in IT User Skills qualification, you will need to demonstrate to your tutor that you can meet all of the learning outcomes for this Unit.…

    • 1737 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    SS2 Assessment

    • 2272 Words
    • 11 Pages

    1.1 Identify what numerical and other information is needed in the spreadsheet and how it should be structured…

    • 2272 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Wee 7 Data Analysis

    • 551 Words
    • 3 Pages

    • Documentation sheet added to provide author, purpose, and date and provide information about each of the sheets you will create as you analyze the data.…

    • 551 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Financial statements show the physical numbers of the cash flow and losses, they also make it easier to prove to a bank if ever a loan is needed.(http://www.oakhillbp.com paragraph 2) Having an accountant or the skills of one is beneficial and highly crucial to keep your business clear and clean for government and mind.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The company manages various functions such as, the details regarding the various companies it provides solutions/products to, the channel partners, the expected price quotations, the revenue generated and the inventory levels. The various inputs are then put together in an excel sheet and a forecast is done based on the data. Since the company deals with many products and clients, it becomes hard to analyze the data, that has to be taken from different excel files and consolidated together.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    History of Spreadsheet

    • 918 Words
    • 4 Pages

    An electronic spreadsheet organizes information into software defined columns and rows. The data can then be "added up" by a formula to give a total or sum. The spreadsheet program summarizes information from many paper sources in one place and presents the information in a format to help a decision maker see the financial "big picture" for the company.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Not certain if you are a student majoring in Accounting, Finance, Marketing, Computer Information Systems, or some other discipline, but you will soon see, that Excel can be a tool to aid you in your career as well as personal endeavors. As for this quick reference, I am writing from the career mindset. Most everyone will utilize some form of financial or data reporting tool during the normal course of daily business. This is the key to keeping the business solvent and running effectively. Unlike yesterday’s Accountants and Financiers their profession has grown from basic bookkeeping to complex account management systems & controls. It is up to them to keep the truth, remain compliant, and grow the business. Therefore, the need to have a strong grasp at developing and manipulating data with Excel Worksheet/ Workbooks is vital. The majority of computer software systems in use today import & export data through Excel. Additionally your reporting efforts will be efficient and well organized.…

    • 1301 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    1.1 To c r e a t e s p r e a d s h e e t s using basic…

    • 1390 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Amazing Document

    • 513 Words
    • 3 Pages

    • Trained to become proficient in Microsoft Excel and Access to compute autoleasing databases as well complex queries/reports.…

    • 513 Words
    • 3 Pages
    Satisfactory Essays