As a private individual or professional, it is extremely important to efficiently manage financial data to keep track of income, expenses, and potential investments. Especially for people who are not trained in finance, this can be a great challenge. One needs a tool that is user-friendly, but at the same time offers a variety of functions. In particular, it should assist in creating spreadsheets that enable a detailed breakdown of finances. Furthermore, it is beneficial if this tool also supports other functions such as text processing or presentation creation, for example to create financial reports or prepare presentations for budget meetings.

LibreOffice can excellently assist in this challenge. The Spreadsheet software Calc, included in the suite, allows for the efficient organization and analysis of even complex financial data. Users can use it to create detailed tables, perform financial calculations and visually represent their financial data. Additionally, the word processing program Writer can be used to easily create reports on these data. For presentations, the application Impress can be utilized. As LibreOffice supports numerous file formats, it can also handle existing files without any issues. Finally, the online version of LibreOffice allows for accessing and editing data from any location.