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Business Definition for: worksheet
Dictionary of Finance and Investment Terms
worksheet

computerized page allowing the user to manipulate many columns and rows of numbers. The worksheet can contain formulas so that if one number is changed, the entire worksheet is automatically updated, based on those formulas. Analysts, investors, and accountants track a company's financial statements, balance sheets, and other data on worksheets.

Dictionary of Business Terms
worksheet

paper used for intermediate calculations, writing thoughts, and so on; not included in a final report.

See also spreadsheet
Related Terms:
spreadsheet

table of numbers arranged in rows and columns. Spreadsheets have long been used for accounting and financial calculations. Manual spreadsheet calculations can be time-consuming and tedious, especially when a change in a single number can affect results in many different rows and columns. Computer programs help greatly in performing spreadsheet calculations. Many software packages are now available that turn the computer into an electronic spreadsheet. Some of the popular spreadsheet packages are 1-2-3, and Microsoft's Excel. These programs are excellent tools for a variety of what-if experiments, financial projections, and various accounting applications (preparation of consolidated financial statements, worksheets, special cost reports, and performance reports).

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