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Spreadsheet Package

 


Spreadsheet with is a numerical data analysis tool that allows us to create computerized ledger. A manual ledger is a book having rows and columns that accountants use for keeping record of financial transactions and preparing financial statements. Accountants use pencil, erasure, and hand calculator to prepare financial statements using manual ledger. This is a tedious task and often takes a long time to come out with an acceptable and satisfactory financial statement, due to several  iterations of formula calculations, and making it easier to change certain numerical values and seeing the effect of these change across the worksheet (ledger) immediately. With the availability of spreadsheet Packages, we are no longer required to use pencil, erasure, and hand calculators for dealing with tasks that require numerical data analysis.

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