In regard to training time, simple to use, flexibility and deep analysis, the spreadsheet is as great as any accounting computer software. It is organised so you can instantly compare and contrast similar costs for up to 10 properties on the same page, while also allowing you to delve into the specific cost types to each of your properties. Although it enables you to keep complete records, it has been designed so that simplicity is the key. Furthermore, a new spreadsheet needs to be started each VAT quarter, so the column totals (pink figures at the peak of each column) end up showing the correct totals for each VAT return.
From our example, you can add a few things you might need to finish your spreadsheet. The spreadsheet will allow you to manage your properties and let you understand which costs are proving the most expensive and where you might be saving money. As soon as you set up your very first spreadsheet it’s possible to use it like a template and make others from it.
Fortunately, an absolutely free spreadsheet template is totally free to download. There are various assortments of financial spreadsheet templates readily available online. They can be used for tracking financial details.