If you use a spreadsheet application in your workplace every day, you are no doubt familiar with the power of these applications. It is certainly true that spreadsheets have revolutionized the way in which we do accounting and financial tasks in the modern office. Unfortunately not many ordinary users have learned to harness the full power of excel vba programming.
Excel vba (short for Visual Basic For Applications) is a powerful programming language that makes it possible for spreadsheet users to automate a large number of repetitive tasks. Let us examine a simple example of how this works in real life.
Let us assume you have one spreadsheet containing the hourly rates of all your employs. You also have a separate spreadsheet with the hours each one of them worked during the past week.
With the help of vba you can now write a short programming module that will instruct the program to load the hourly rate for every employee from the spreadsheet containing this, load it into the second one with the actual hours worked, and calculate how much they must each be paid.
The system comes in especially handy if you have large tasks that have to be repeated regularly, but every time there has to be a small change somewhere, e. G. Hourly rates must first be updated from the file containing that information. You can use this in many ways. Another example is to draw up your monthly or early financial statements from information contained in a trial balance.
The bad part is that there is quite a steep learning curve. You will have to sit down and get familiar with the programming language. The package comes with good help files and there are also many websites on the internet where you can find free tutorials. Once you fully grasp the power of excel vba programming, you will never look back.
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