Surely it has happened to you that when everything is scheduled and executed, and just as you had thought, you have neglected something very important for your Beauty Salon, what payment methods will I offer them? How will I handle the entry and exit of money?
The commercial industry offers you a great variety of accounting methods that will mostly provide you with many benefits such as Saving time, money, and easy access. But which one suits my tastes and above all my needs?
Stop worrying! We have the solution for you and your clients, it is a tool that has helped small and large companies.
Excel is a program that is part of an office package created by Microsoft, with a high potential capable of managing the record of your financial transactions. With it, you can easily create spreadsheets that are very helpful. You do not need to have a great knowledge of the program or have a lot of money to obtain it.
Accounting methods within Excel
Microsoft Excel has a wide range of templates that will allow you to carry out such simple operations. As from the total sum for a service. Even keeping track of what goes in and out of your Beauty Salon. These pre-set templates save you time, money, and effort.
Control of your accounting records
This will allow you to start keeping the accounting of your beauty salon, through a spreadsheet. In which you can manage to keep track of the purchase records to your suppliers of shampoos, conditioners, dyes, keratin, dryers.
Likewise, take control of the service that the client expects, such as cuts, drying, dyeing, hairstyles, highlights. As well as you can also keep track of service expenses in the premises. Such as water, electricity, telephone, toilet, payment of taxes, debts to pay or collect among others that you deserve.
What do Excel accounting templates offer my beauty salon?
Better quality in the management of your financial activity. Therefore, before starting to keep your accounting, you should already know what your beauty salon perceives and the ideas that increase the number of clients, that is, you must know how much currency enters and leaves your room. Knowing this, go to open the Microsoft Excel window.
Once there, select the File tab and locate the word New in the menu. Then select from the options window, simple invoice, what does this template allow me?
Simple invoice template
This template will allow you to keep track of the service provided to the client, making all the necessary calculations. As well as the tax or deduction if applicable.
You just have to fill it out, with information such as the Name of the beauty salon, the name of the client, the telephone number of the client, address. Also invoice number, name of whom the invoice is addressed to, service, price, discount, totality.
Sales invoice tracking template
This template will allow you to keep track of the control of many clients and their invoices in a single file. And, it also provides a tracker to locate any invoice.
Inventory list template with highlighting
In the like in a book accounting, this template will allow you to keep track of services provided to the client. From what you have, enter and leave your salon, and whether or not you are getting very good results.
On the other hand, Excel allows you to create your own inventory template. You can create it by using the tools it provides such as the Developer or programmer tab, you only have to activate it if you don’t have it in sight. Macro, allows assigning the performance of several operations at the same time.
Journal book template
It will allow you to know the entry, exit, and expenses for each service provided chronologically. Its format contains data such as a Description of the service, date, debit, and credit accounts.
This template will allow you to see each and every one of the billings made in the Beauty Salon. To find out how much money is available.
Determining Lowest and Highest Values in Microsoft Excel
Determining the lowest and highest values requires a special formula or function that you can do with Microsoft Excel.
Determining the highest value can be done easily when there is very little data, but what about when there is a lot of data?
For that you need an Excel formula.
How to? Come on, follow this tutorial in full.
HOW TO DETERMINE THE LOWEST AND HIGHEST VALUE
To do this, the formula you can use is MAX and MIN.
As the name implies, MAX is to find the highest value, while MIN is to find the lowest value.
Meanwhile, for writing the formula, the highest value is MAX(Number1; [Number2]; …)
Number is the range of numbers for which you want to know the highest value.
Finding Lowest Value
Now, to find the lowest value you can use the formula MIN(Number1; [Number2]; …).
As usual number is a range of numbers, or the same when you look for the previous highest value.
How, very easy isn’t it? Although it looks complicated, Excel formulas will really make things easier for you.
That’s all and good luck.
How to Use Automatic Ranking Formulas in Excel
The formula for finding rankings in Excel is also available for those of you who want to rank in a group.
This one formula is a formula that is quite widely used, especially in the field of education.
Well, here’s an Excel formula tutorial to find rankings.
RANKING FORMULAS IN EXCEL
There are several formulas you can use that basically have the same function for finding rankings.
And the first formula you can use is = RANK(Number;Reference;[order]).
The order in the formula is the number 0 or 1 as a ranking reference.
When you want to sort the value in descending or descending order, fill it with 0 or empty, while when you want to give the value ascending then fill it with the number 1.
But you also need to know that the formula will also give the same rank when there are the same values.
To overcome this you can use this one formula.
RANK.AVG Rumus formula
The usage is still the same, only the formula is different which becomes RANK.AVG(Number; Reference; [order])
And when you apply it and there is the same value, it will produce an average ranking of that value.
So, for an assessment, this formula is the most appropriate.
Well, if you look at the example, a value of 70 gets a rating of 7.5 while a value of 75 gets a rating of 5.5.
That’s how the ranking formula in Excel works.
That’s all and good luck.
How to Calculate Workdays with Excel Formulas
Calculating weekdays will be very effective when you use the easiest formula in Microsoft Excel.
Most people are lazy to use Excel for their daily needs, even though this software is very useful.
Then what about the formula for finding the working day? It’s really easy. Here’s the full tutorial.
HOW TO CALCULATE WORKING DAYS
You can do this with the NETWORKDAYS formula which only counts weekdays, without weekends.
But you also need to know that the weekends here are Saturday and Sunday.
For example, if you want to determine the weekend with another day, then there is a different formula which I will discuss later.
The formula for writing is =NETWORKDAYS(Start_Date; End_Date, [Holiday_Day])
For more details, consider the following image.
In this example, the number of effective working days is 87 days, where Saturday and Sunday are not included.
Well, for this formula you can determine the time off or weekend as needed.
The formula for writing is =NETWORKDAYS.INTL(Start_Date; End_Date; [Weekend_End]; [Holiday_Holiday])
The difference in this formula is that [weekends] are used to exclude and treat as weekdays.
If you do not fill it in, it will be considered as the previous formula.
You can also use a holiday code with a seven-character text string consisting of a combination of the text numbers 1 and 0 to represent Monday-Sunday.
So what happens is the number 1 represents holidays while the number 0 for workdays.
For example, on weekends or holidays Saturday and Sunday, the string code you are using is 0000011.
As for working days only Monday, Tuesday and Thursday or Wednesday, Friday, Saturday and Sunday off, the code used is 0010111.
That’s all and good luck.
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