WHAT IS MS EXCEL?
MS Excel is a spreadsheet program developed by Microsoft in 1985, with the sole purpose of helping companies compile all their financial data and annual credit and debit sheets. After 31 years of existence, it is now the most widely used program for creating charts and pivot tables. However, many people still think that it is just a tool for small businesses. This is not true! Today we are going to look at some of the primary uses of MS Excel. So let’s get started!
IMPORTANCE OF MS EXCEL IN OUR DAILY AND PROFESSIONAL LIFE:
Easy arithmetic solutions
Perhaps the most important use of MS Excel is the use of its mass arithmetic capability. With a vast program full of formulas, it can add, subtract, multiply and divide hundreds of numbers and can easily do it again if Changes made to a value or added. With this feature, we can easily prepare annual company sales reports and other spreadsheets.
Formatting Options
Various formatting options, including italics, highlighting and colors, allow companies to differentiate the most important data from the rest. Several tasks performed with this tool are more than impressive, such as highlighting entire lines and comparing lists and values, to name a few. You can use them to highlight specific entries in the accounting.
Availability of online access
Excel is part of the Office 365 productivity suite, so employers and their employees can easily access their files on the cloud, without the constraints of file transfer. Using a web-connected PC, mobile, or tablet, you can use the same program and access the same file remotely, making it easy to make changes if you can’t access your PC and need to send the spreadsheet immediately!
Charts for analysis
If you work in a large association where the boss wants a detailed visual representation of the different areas of the company, you will need to draw charts. MS Excel allows you to do this easily! After filtering and entering the data correctly, you can turn it into a pie chart or grouped columns with one click. Best of all, it lets you customize the colors and boundaries of charts and pie charts!
Bring all the data together in one place
Containing over 1,048,576 rows and 16,384 columns each in the worksheet, with hundreds of them, or more if your PC is capable, in a single file, Excel lets you create worksheets larger than 20 A1 sheets! You can import data from other spreadsheets and add images and other objects through the “Insert” tab. Grouping all the data is easy you’ve collected into various files.
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Human Resources Planning
While there are other systems like Oracle or QuickBooks for this planning, Excel allows you to manage everything in one file! You can summarize an employee’s expenses, hourly wage, and easily discover erroneous entries. HR professionals use it to take the entire employee log in bulk and use it to plan for future appropriations and if more investment is necessary, decide, making it an important tool for controlling the future.
