Microsoft Excel is a full-featured spreadsheet application with plenty of features for managing data. With its robust functions and commonly used calculations, it’s also a solid money-management tool.

A business prepares various budgets to plan for its future operations. Such budgets plan the finances of the entire company and allow the business to coordinate the various facets of its operations.

A budget helps a business set and achieve financial and operational goals, which is an important part of running a business. The sales budget and cash receipts schedule are two components of a company ...