Bc Sounds Inc.

Mini Case 1

BC sounds Inc. has hired us to calculate many of their accounting needs such as the break-even points and the margin safety points. Our company however uses a faster and more efficient method rather then the traditional manual way. By using Microsoft Excel companies can now ensure a faster and more productive experience. Because sometimes we have hundreds or thousands of items to calculate if we inventory them in a program like excel we guarantee a higher efficiency. When working with a manual approach human error is easily possible and whiles in this case there were not too many numbers to work with it is still very easy to make a mistake. When calculating the break-even point it is much easier to have a system like excel that will incorporate functions and equations that will always calculate the same way every time. Also excel will modify the answer of any function you type in any of the cells allowing for a fast way to correct any mistakes or even if you want to add more information to your spreadsheet. It will also make the company more competitive because of its compatibility with ever operating system and it is very efficient for sorting any data. Because excel is so great for practically every accounting and financial operation you can create various table charts, graphic tables for any presentation that the company would be part of. Manually calculating all these different points will demand more time from your employees and thus will cost you more to have your employees evaluate these results by hand. When using software like Excel you also have the advantage of a computer program that is simple to use and very inexpensive for the office. Because it is so simple to use you won’t need to hire extra employees that only work on the results like safety margins and break-even points. With a wide variety of operations and charts Excel is the ultimate tool for any company that wants to quickly calculate various results. It is also very portable...