Pros and Cons of using spread sheet as reporting formats
I am now working as an accountant in a huge Industrial company.
I have to receive reports from dozns of divisions and branch companies, and I use spread sheets and specific programs to gather those reports.
Usually, my headquarter decides what should be reported using specific programs, so I have to make spread sheet reporting format for the rest.
Today I’m going to write Pros and Cons of using spread sheet as reporting formats.
Pros
1.Flexible
It is easy to add points what we want to ask because spread sheet is free from restriction.
2.Easy to add/remove reporting company
Using e-mail to ask, there is no restriction of companies to send.
3.Have no additional expense
Microsoft Excel is installed in each PC, so using spread sheet doesn't cost aditional expenses.
Cons
1.Have to gather data by ourselves
We have to make by ourselves. It took time.
2.have to check which company submitted and which company doesn’t
As we ask by e-mail, we have to check which company submitted reports.
When we have to ask many companies, it is very bothering.
Conclusions
Using spread sheets to ask, it is suitable to ask extraordinary things to a small number of divisions/branch companies.