What is meant by documentation of calculations?
The term "documentation of calculations" refers to the systematic recording, storage, and presentation of all steps, assumptions, and results involved in calculation processes across technical, scientific, or business applications. This documentation ensures traceability, verification, and communication of the performed calculations, which is crucial for quality assurance, compliance with regulations, and collaboration within teams.
Typical software functions in the area of "documentation of calculations":
- Automatic Report Generation: Creation of comprehensive reports that include all relevant calculation steps, inputs, and results.
- Versioning and Change Tracking: Tracking changes in calculations across different versions to document differences and understand the development of the calculations.
- Integrated Commenting Function: Ability to insert comments and explanations directly into the calculation documentation to clarify assumptions or specific methodologies.
- Linking Calculations with Data Sources: Integration and linking of calculations with underlying data sources to ensure data consistency and accuracy.
- Secure Storage and Archiving: Ensuring that calculation documentation is securely stored and archived for long-term retrieval when needed.
- Export to Various Formats: Ability to export calculation documentation in different formats (e.g., PDF, Word, Excel) to facilitate dissemination and further processing.