An Invoice Tracker is a spreadsheet application that allows its users to create and track invoices and other types of financial documents. This Microsoft Excel program is used by finance professionals as well as by people in businesses that deal with financial data on a regular basis. The main features of this application include the ability to create custom tracking charts, enter information in multiple cells, customize fields and labels, manage fields with automatic formatting, merge data with others, and edit or delete fields and cells. Invoice Tracking is available in Microsoft Excel 2021, as well as in earlier versions of Excel.
Invoice Tracking is using as a part of the sales and invoice management system of many businesses, both large and small, as well as of individuals. An invoice is an order from a customer, that a business must pay in a specified period of time. Financial documents that are created from Invoice Tracking can be used by the general ledger section of a company’s book of accounts, or they can be used to create financial reports that summarize the invoice data, the client payment data, and the costs associated with paying the invoice.
Invoice Tracker spreadsheet for Microsoft Excel
Invoices are an important part of many businesses and companies. However, in today’s economy many businesses and companies find that invoicing is a time consuming and difficult process, as well as being an expensive one. This type of software is designed to help businesses and companies eliminate invoicing tasks that can be automated, saving both time and money. By creating customized worksheets and reports, Invoice Tracker software allows its users to enter invoices and then generate invoicing from the appropriate data. It can also allow its users to enter sales order information and then generate a report that summarizes all of the related information and data items.
Invoice Tracker is part of the larger group of Microsoft Office programs. Many businesses use Invoice Tracker for managing their finances. By using Invoice Tracker, a business can generate their monthly financial reports. Financial reports are a series of statements that summarize and present information about a business’s total revenue, expenses, and other financial transactions over a given time period. The reports can be used for setting goals and setting targets for the company. Invoice Tracking enables a business to create their own financial reports and export them to Excel.
Invoice Tracking can also be used by an individual user to create customized reports for themselves. A user may want to know how many times a specific item was bought or sold, how many invoices were sent out, how many checks were returned, or any other information that could be useful to a business. In addition, there are specialized reports available for individuals such as debt totals, credit scores, bankruptcies, and more.
Invoice Tracking is part of Microsoft Office. Invoice Tracking allows the creation of customized financial reports for your company or other organizations. This type of software can be integrated with Microsoft Word as well as Excel. When this type of program is integrated with Microsoft Office applications, the result is a customized word document as well as Excel or text document.
Creating financial reports is essential to the success of every business. A report from the beginning of a business’s operations can help make decisions about how to grow and expand. A report can show how well a business is doing against its competitors. It can also show how well employees are performing. The ability to generate invoices in a format that a business can use immediately is vital for keeping businesses organized and efficient.
How to use the Invoice Tracking Template
The instructions for using the invoice tracker are pretty simple:
- List your clients’ information in the Customers worksheet
- Delete the sample set of data from the cells with the gray borders.
- Start listing your invoices in the data table.
- Track the status of the invoice (“Draft”, “Sent”, “Partial”, “Paid”, “Closed”).
The spreadsheet uses no macros or VBA. The font colors in the data table are changed automatically using conditional formatting rules. The aging report is created using SUMIF formulas based on the Due Date.
If you are wondering how to organize your invoice files, read the Simple Invoicing article.
If you need to get quick reports on your invoices, you will need to be able to export data from Invoice Tracker to Microsoft Excel. You can do this in two different ways. You can export your invoices to Excel by clicking on “File” and then” Export to Excel.” You can also export your invoices to Word by selecting “File” > “Tools” > “Export to Word.”