| Expense Management: Base Account Analysis |
Microsoft Excel® Solutions For The Automotive Dealership |
Base account analysis in its simplest term is the regrouping of expenses departmentalized
on the financial statement. The ultimate goal for regrouping is to adequately identify the
creeping expense of either an outside vendor or an internal expense classification
within a general ledger account.
The purpose of base account analysis is to identify an expense that can be addressed
when either controlling expenses or budgeting expenses.
This form of analysis will be a truly valuable tool in identifying potential errors, omissions or the improper allocation of expenses.
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Retaining Profit By Controlling Expenses:
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As you use and review the many EASY TO USE templates available within this program
you will find additional interesting and useful
calculations and reports.
Controlling expenses or rephrased as Retaining Profit is much easier if you know what
you are paying a specific vendor or if a relationship between sales and gross profit exist.
The intentions of these Excel templates are to simplify the somewhat time-consuming
and rarely done process of regrouping. Whereby, data entry can be completed by an
inexperienced individual for presentation to the department managers or a dealer principle.
General Ledger detailed account data will be stored on a month-by-month, year-to-date
worksheet. Capable of displaying graphs which will allow you to determine if there is a
relationship between Net Sales or Gross Profit.
Depending on the level of in-depth analysis you desire, you may complete a full years
analysis of your financial data or simply begin at the current month and move forward.
The more data you retain the better your budgeting capabilities become. Such as
comparing month-by-month, prior year to current, same month prior year, etc.
These Excel worksheets need not be limited to expenses only. With a little creativity they may
be used for tracking data within many General Ledger accounts, such as Sales, Cost-Of-Sales,
Prepaid Expenses, Cash Transactions, etc.
Summary Comments:
All the above is available as a FREE DOWNLOAD and may be all that you'll ever need.
Yet, these Excel templates will retain the core of data required to expand ones understanding as to
how to effectively manage expenses. With ease once the Expense Account Analysis Management & Trend Analysis
worksheets are utilized, many expanded reporting opportunities exist.
The reporting capabilities are limited only by your
imagination and can probably be generated with a simple addition or modification to the present
collected information.
My goal is to provide you with an opportunity to expanded your reporting capabilities
at a reasonable price, most add-on reporting capabilities will cost $ 25.00
per programming hour. This in turn provides you with a time-saving, profit generating means to improve your departments profit margin.
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Free Automotive Software Download Instructions |
File Size: 1.14MB, file size is relatively large, to download to desktop requires approximately 1 minute on a high-speed (100+) internet connection. |
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Note, to actively use worksheets ©Excel must be installed on your system. |
Most Commonly Asked Question:
Why after I download your worksheet, I'm not able to access the pages?
The reason for this is, Excel has within it's program a Security Setting for Macros. You will need to adjust your setting. This is simply done by opening Excel and on your ToolBar click on "Tools", next click on "Macros", then click on "Security" and set your Security Level to Medium.
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Disclaimer of Warranty. This software is provided "AS IS" and with all faults. We give No expressed warranties, guarantees or conditions. You cannot recover any damages, including consequential, lost profits, special, indirect or incidental damages beyond $ 1.00 US. This software is provided free of charge and you may install and use an unlimited number of copies. You may copy and distribute the software, provided that each copy is complete and unmodified, including this agreement for each user's acceptance. By downloading the worksheet , You accept these terms. This agreement and any amendments require a written statement from us. |
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Need Help? This program is so easy to use that we'll even set-up your default page for free.
As always your feedback is important,
E-mail your comments to: Templates@AutomotiveProfit.com |
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