So we'll let it go at that with my undying thanks to him. Henry Perella is a regular contributor to the Senior Times. It has the appearance of a financial ledger and one of its primary uses is for doing accounting work. You enter data into its rows and columns and it adds, subtracts, multiplies etc. When you change numbers, it automatically computes new results.
Spreadsheets are also a great way to organize non-financial information.
For example, names, addresses and telephone numbers of friends can be kept in a spreadsheet and instantly arranged by last name, zip code, state, etc. By combining a spreadsheet's mathematical and non-mathematical capabilities, you can set up your computer to help with many business or personal affairs. For example, for the past several months I have had to handle a family member's medical bills. I found myself immersed in Medicare claims, secondary insurance claims, dozens of medical service providers, duplicate bills, duplicate Medicare statements, and bills that first arrived as late as six months after the date of service. I decided a spreadsheet was the only way I could understand and track the progress of bills and payments, so I set up the one shown below.