In accounting, a worksheet often refers to a
loose leaf piece of
stationery from a columnar pad, as opposed to one that has been bound into a physical
ledger book. From this, the term was extended to designate a single, two-dimensional
array of data within a
computerized spreadsheet program. Common types of worksheets used in business include financial statements such as
profit and loss reports.
Analysts,
investors, and accountants track a company's financial statements, balance sheets, and other data on worksheets. In spreadsheet programs like
LibreOffice Calc or
Microsoft Excel, a single document is known as a 'workbook' and may have by
default three arrays or 'worksheets'. One advantage of such programs is that they can contain formulae so that if one
cell value is changed, the entire document is automatically updated, based on those formulae. == Taxes ==