Uses of Spreadsheet Software in Commerce

The students of commerce can use Spreadsheet software in the following ways:

 

1. Computerized Worksheet And Workbook

Different tasks in commerce are performed using worksheets and workbooks. Spreadsheet software provides computerized worksheets and workbooks. It provides an easy and efficient way of maintaining data in these worksheets.

 

2. Stock Handling

Spreadsheet software can be used to handle the stock of an organization. It provides many facilities for commerce people to perform complex calculations in stock management.

 

3. Accounts Handling

Spreadsheet software is used to handle the accounting system of an organization. The accounting system manages (daily transactions of an organization. Spreadsheet software is used to prepare balance sheets, trial balance, ledger, and other information related to accounts.

 

4. Record Keeping

Spreadsheet software can be used in commerce for record-keeping. An organization can manage its data in spreadsheet software. It provides many facilities to store a large volume of data in an easy and efficient manner.

 

5. Quick Calculation

The data stored in spreadsheet software can be processed easily. Different types of calculations can be performed on this data in less time. Spreadsheet software provides many built-in functions to perform different calculations.

6. Automatic Recalculation

Spreadsheet software provides the facility of automatic recalculation If the user applies some calculation on data, it is automatically recalculated if the data is changed.

7. Graphical Representation

Spreadsheet software provides the facility for presenting data graphically. It provides different types of charts. Charts display the data in an attractive and easy to understand way.

8. Predefined Functions

Spreadsheet software provides many predefined functions to perform many tasks of commerce. The user has to put less effort Into performing difficult tasks.
 

Database Software

Database software is also called a database management system. A database management system (DBMS) is a collection of programs that are used to create and maintain a database. DBMS is a general-purpose software system that provides the following facilities:

 

1.  It provides the facility to define the structure of the database. The user can specify the data types, format, and constraints for the data to be stored in the database.
2.  It provides the facility to store data on some storage medium controlled by DBMS.
3.  It provides the facilities to insert, delete, update, and retrieve specific data for reports.

• Application Software