Do you know how to calculate profit? Whatever small business you run, you should know some basic bookeeping things such as how to calculate profit and expenses. If you know to keep track of your business finances, you will have a more clear picture of what should be your next steps to take.
As most of you know, Microsoft Excel can be a very powerful bookkeeping tool for anyone running a small business of their own. It enables users to easily and effectively keep track of money coming in and leaving the company with easy-to-follow spreadsheets and formulas that are very simple to use when calculating profits and expenses. Here is a quick guide on how to calculate profit by putting together a spreadsheet in Excel. This guide can work in all versions of MS Excel.
Start Excel program and select four columns and a couple of rows, with the right click of the mouse. The next step is to click on the Insert tab and then on Table. Write the following values in the columns: Income, Expenses, Profit, and Percentage. Fill in the Income and Expenses columns.
Once you have done that, you can select the currency you are working with on the ribbon. You can find the currency settings when you click on Home tab. The dollar sign is in the Number section. When you click on it, you will see the drop-down menu, as shown on the image below.
Your table should now look something like this:
What is the formula to calculate the profit?
To get your profit, enter the formula “=a2-b2” into the c2 Profit cell.
Once you have calculated the profit amount, drag the corner of the cell to include the rest of your table.
In order to calculate your profit percentage, enter the following formula into the blank cell under Percentage: = c2 / a2.
Anyone who works in the financial industries knows the importance of keeping good statistics. More likely than not, you are using a spreadsheet program on an everyday basis – most commonly, Microsoft Excel.
Microsoft Excel 2013 has a great feature for importing financial data that and stats that you find online into your own spreadsheet and tracking data from Excel itself. This comes in very handy for anyone who works with stocks, currencies or any other type of constantly fluctuating data. With this Excel feature, you are able to not only import data you find online, but also set it up to automatically refresh these statistics within your spreadsheet whenever they change.
Here’s a step-by-step how-to guide at how to do this if you have the latest version of the Microsoft Office suite and are using Microsoft Excel 2013.
Once you open your Microsoft Excel 2013 spreadsheet, go to the Data tab and click on “From Web.”
Enter the URL from which you want your data to be taken in the line on top of the window that says “Address” and then click Go. Continue reading
Microsoft Publisher is a desktop publishing application that is included in some editions of Microsoft Office suite. It is not as popular and used as core Office applications like Word, Excel and PowerPoint. However, there are still quite a few users who consider it to be a simple way to create high-quality, professional looking and stylish publications.
So, it is safe to say that you’re likely to encounter .PUB and .PUBX files, especially if you are in the business of printing, publishing or simply reviewing and approving business publications like brochures, flyers, monthly company magazines and event resources. As Microsoft Publisher is included in more expensive Office suite editions, chances are you don’t have the right edition, even if you use MS Office suite. And, of course, it is quite possible that you are using on your Windows machine a completely different office productivity suite – LibreOffice, OpenOffice or Google Drive. So, there is really no out of the box way to open and view, let alone edit, that .PUB or .PUBX file with it being installed on your machine, because Microsoft doesn’t provide free viewer for Publisher formats even though it offers freely viewers for Word, Excel and PowerPoint.
Then how can you view and edit that pesky .PUB file without appropriate Microsoft Office edition installed on your MS Windows machine?
Well, there is a workaround and a quick way to view the .PUB. And it’s free!
Halloween is one of the most entertaining holidays in the year, when ghosts, spiders and other scary motifs decorate our home and inspire our wardrobe. When we go to a Halloween party we get to eat a lot of candy in the trick ‘n’ treat tradition.
On October 31 many people organize costume parties and people get dressed up as goblins, witches, vampires or some other scary creature that no one has yet thought of.
If you are hosting a Halloween party this year, we’d like to give you some last-minute advice on how to invite people to your fun event. Everyone loves receiving original invitations and since we only have one day left, this will be a very quick and easy tip on how to create stylish party invitations for your guests in a snap! If you are a Microsoft Office user, you may want to know that you can create fun invitations in MS Word without any drawing or designing skills at all, using professional predesigned templates. And here’s how! Continue reading
Here at PDFConverter.com, we specialize in providing both free and affordable professional document conversions to and from PDF. Thanks to Optical Character Recognition Technology, our PDF Converter Elite 3 also offers the capability to extract text from scanned and image documents and turn the text into usable and editable MS Word documents or Excel spreadsheets. With this technology, we are able to offer pretty powerful tools for manipulating and managing text documents in order to increase productivity and save time.
However, time is scarce these days and people are always on the go. The way we create and use documents is changing. For example, after hours of staring at a computer, tablet or smartphone screen, people often feel eyestrain and prefer listening to their PDFs and other documents rather than reading them. That is why some time ago we blogged about free solutions for converting text to audio.
However convenient this may be, many business people and office administrators who regularly create lots of documents and write numerous business emails and memos probably prefer dictating over typing. But not everyone has the opportunity to dictate their documents and communications to someone else who will write their words down and format accordingly. Thankfully, technology is advancing and trying to accommodate the needs of business professionals and computer users.
As a result of technology advances, today we have speech to text service providers. Continue reading
PDF documents and eBooks are widely available on the web. Nowadays you can find great business-related, educational, entertaining or informative resources online that you can download for free in PDF format. Not only that, you can often find multiple interesting PDFs on a single web-page. All you need to do is to download each of them. If there are only two or three PDFs of interest available on the page, it is not a big deal. But if you come across a page with a dozen or more documents that you simply must have, downloading PDF files individually may become a time intensive and mundane chore.
Let’s take for example one Google search query:
[business tips filetype:pdf ]
This search will return many great PDFs for free download. If you are just starting a business or writing a paper or article, or preparing a lesson for your students, you may want to check out as many resources as possible. If you start downloading each resource separately, you may end up doing this for hours, right?
But don’t worry. If you are a Google Chrome user, there is great news for you. Continue reading
Microsoft makes it easy for users of their Office suite to create all sorts of documents and cards by providing a myriad of pre-designed themed templates. You don’t need any design skills, talent or experience to make beautiful business cards, flyers, invitations or thank you notes for miscellaneous occasions. Creating captivating thank you cards in MS Word 2010 is as easy and quick as creating any other Word document.
Here’s how to create thank you cards
1) Open a new MS Word 2010 document.
2) Click on the File ribbon and then select New. Once you do that, the Word will present you with a plethora of MS Office templates.
You will find there, for example, pre-made templates for creating brochures and booklets, budgets, lists and to-do checklists, inventories, forms, letterheads, resumes, and much more. Continue reading
Google Translate is an Android application that seems to be constantly evolving and unveiling new updates. The latest update features an integration of Google Goggles’ OCR (optical character recognition) technology. The integration of this technology enables people to input text for translation without actually having to type the text that they want to be translated. Instead of typing the text, you use the camera of your Android device to translate text in image.
For example, if you want to translate something from a restaurant menu that is in French, you don’t have to type in the phrases – all you have to do is to take a snapshot of the words, highlight the desired words, and the OCR technology will go to work in order to recognize the characters and have the text translated on your device’s screen. You can even listen to translation.
Here’s how you use this great and free Android app to translate text in image on the fly and have it spoken to you.
1. First, take a picture of the text that you want translated. You should have previously designated what languages you are translating from and into.
In today’s digital age more and more business transactions are taking place online. It seems that now more than ever, almost all documents are sent and received via the Internet and physical paper is being used less and less. Say you want to hire a graphic designer working overseas to create your website. How will you get this person to sign a contract when hiring him or her? How to make an electronic signature?
Instead of sending your new employee paperwork through the post office, why not look into a way to get the signature on the contract digitally? It is now easier than ever to learn how to make an electronic signature for signing online and computer-based documents. It is a fairly simple process. You will need a piece of paper, your favorite pen and a scanner.
1. The first thing to do is to simply write your signature on a piece of paper.
2. Scan it with your scanner.
3. Save the resulting image as one of the more commonly used graphic file formats, like GIF, PNG or JPG.
Many users encounter problems or are simply dissatisfied with the printouts of their Excel spreadsheets. Here are 5 simple tips on how to print an excel spreadsheet for printing and improving the print output of Microsoft Excel 2010 documents:
1. Preview spreadsheet before printing
To see how your spreadsheets will actually look when printed, use the Print Preview option. To preview your Excel document, open it first and then click the “File” tab, which is located in the upper left hand corner. On the menu, choose “Print” and you will be shown a preview on the right side of the screen. This way you will actually see how the hard copy of your spreadsheet will look. In case you don’t like what you see, you can modify the printing settings before printing it out. Using the print preview option reduces the amount of paper you waste!