This may sound a little unfair. After all, a standard Microsoft installation would include something called Equation Editor. Suffice to say, it wasn‘t advertised in the promotional videos. Software like Matlab was considered vastly superior and had the added advantage that you could analyze the equations as well. Anyway, the good news is that Microsoft has taken a big step forwards with Office 2010 and it‘s now possible to correctly display formulas in a pretty painless fashion. In Excel 2010, you should select the Insert ribbon, and click Equation. This creates a textbox and brings up a whole new ribbon with options for inserting equations. As well as providing easy access to the main Greek symbols, Microsoft have provided quick access to a number of simple functions, such as fractions and exponentials.
Every small business needs to keep records of sales invoices and income received and purchase invoices in respect of expenses. It is not sufficient for accounting and taxation purposes for these receipts and payments to be left in the office or the back of a van in a carrier bag. At some stage these prime bookkeeping documents need to be processed. Processing the financial documents related to a business enterprise basically means they need to be listed. For taxation and financial control purposes the invoices also need to be added up and analyzed. The most basic method would be to simply make a list of the sales income and a second list of the purchase expenses. Using a manual method of listing the information falls short of the analysis required and is more time consuming that using a little technology to both ensure the summation is accurate and the analysis simplified. Listing the sales and expenses of a small business on spreadsheets is no more difficult then a manual paper system and has tremendous advantages in automating and ensuring accuracy.