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Profit Loss Report Spreadsheet 5.0

Profit Loss Report Spreadsheet Editor's Review

Are you self-employed or do you own a home or a small business? This award-winning Excel spreadsheet, created by a DynoTech executive, is a simple alternative to accounting software for a small business to track income and expenses over an entire financial year.

You can use it to accurately record monthly income and expenses keep track of all payments, profit, tax and other operations. Further, you can generate reports including a summary of income and expenses showing overall profit or loss. Reports can be customized to fit your needs.

Pluses: simple, compact, ready to use. It can be used with OpenOffice.org office suite.

Drawbacks / flaws: Requires MS Excel 2000 or higher (not tested for Excel 97 or earlier).

In conclusion: It is basically a simplified accounting spreadsheet for those not familiar enough with creating and editing Microsoft Excel spreadsheets and who do not need the services of a specialized accounting program.

version reviewed: 4.2

What's Required in Version 5.0 of Profit Loss Report Spreadsheet

MS Excel 2000 or higher, including Office 2010. Macros not compatible with Open Office Suite or MAC.

What's New in Version 5.0 of Profit Loss Report Spreadsheet

Now you can add up to six income sources (instead of just one). Verified Windows 7 compatibility.

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