Inventory valuation: the number that decides your profit
How stock is valued changes reported profit and tax without anything physical changing. FIFO against weighted average, what cost includes, and the write-down nobody wants to make.
Live collaboration in Ettex Sheets: who else is in the file, cells updating as they are edited, and the honest limits of editing a grid together.
Two people in the same spreadsheet used to mean one of them waiting. Sheets now shows who else is in the file and applies their edits as they happen, so the question "are you in it right now?" stops being part of the workflow. The mechanism is the same one behind collaboration in documents, applied to a grid rather than to a paragraph.
Text is forgiving: two people writing in different paragraphs rarely interfere. A spreadsheet is not, because a cell is a single value and a formula can depend on a range somebody else is rewriting. The practical consequence is worth knowing — simultaneous edits to the same cell resolve to one value rather than merging, which is the correct behaviour and still surprises people. Split the work by area or by tab when several people are in at once, exactly as you would with a shared document that has one numbered list.
Presence is the feature people underuse. Glancing at who is in the file before restructuring a column costs a second and prevents the most annoying class of conflict, which is not lost data but two people doing the same reorganisation differently.
Ettex Sheets ships presence and live cell updates per file. Where a spreadsheet is being edited by several people regularly, that is usually a signal the data wants a structure with fields and permissions rather than a grid — which is what a database for a small business is for, and the migration is easier before the sheet becomes load-bearing.
The cell ends up with one value rather than a merge — the last edit applied wins. For a single-value cell that is the only sensible outcome, which is why splitting work by area matters.
No. Edits propagate as they happen and the file is current for everybody in it.
Yes — presence shows the people currently in that sheet. It is per file, not per workspace.
How stock is valued changes reported profit and tax without anything physical changing. FIFO against weighted average, what cost includes, and the write-down nobody wants to make.
Staff turnover is easy to calculate and easy to misread. How to work it out, why voluntary and involuntary must be separated, and what a replacement actually costs.
Business interruption cover replaces lost profit while you cannot trade. How the sum insured is calculated, why the indemnity period is the number that matters, and what is usually excluded.