Spreadsheet Based Finance
Spreadsheet Based Finance refers to the use of spreadsheet software, primarily Microsoft Excel or Google Sheets, for financial modeling, analysis, and data management. It involves creating formulas, pivot tables, charts, and macros to perform tasks like budgeting, forecasting, investment analysis, and financial reporting. This approach is widely used in business, finance, and accounting due to its accessibility and flexibility.
Developers should learn Spreadsheet Based Finance when working in fintech, data analysis, or business intelligence roles that require quick prototyping, ad-hoc analysis, or integration with financial systems. It's essential for tasks like building financial models, automating data processing, or creating dashboards for stakeholders, as it allows for rapid iteration and visualization without extensive coding. Use cases include startup financial planning, investment portfolio tracking, and generating reports from raw financial data.