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The document discusses the many uses of Microsoft Excel including data entry and storage, performing calculations, data analysis and interpretation, reporting and visualizations, accounting and budgeting, collection and verification of business data, calendars and schedules, administrative and managerial duties, forecasting, and automating repetitive tasks.

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83 views18 pages

English

The document discusses the many uses of Microsoft Excel including data entry and storage, performing calculations, data analysis and interpretation, reporting and visualizations, accounting and budgeting, collection and verification of business data, calendars and schedules, administrative and managerial duties, forecasting, and automating repetitive tasks.

Uploaded by

ttsport290
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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Halabja Technical Instiute

Accounting Department
Computer
First Stage

The usage of Excel


Prepared by: Supervised by:
Dunia Omar T. Peshawa
Rozy Omar
Stara Sabir
Dosty Farhad
Amal Muhamad
Mluk Jabar
Rasty Qasm
2022-2023
Content list

• Introduction

• Microsoft Excel

• The usage of Excel

• Conclusion

• References
Introduction

Microsoft Excel, a ubiquitous spreadsheet software, has


permeated various aspects of modern life, serving as an
indispensable tool for data management, analysis, and
visualization. Microsoft Excel, first released in 1985, has
evolved into a quintessential software application for handling
numerical data.
Microsoft Excel

Excel seems like an essential number-crunching software


primarily used for managing household expenses or generating
some basic reports. However, excel is more than just a simple
reporting program. Excel is powerful software and can help
perform a wide range of jobs for personal or business purposes.
Therefore, there are plenty of uses of MS excel.
The usage of Excel

In this article, we are discussing some of the major uses of


Microsoft Excel that will help us understand the potential of
this powerful software and how
different people or organizations
are using it for their needs . The
usage of Excel as follows:
Data Entry And Storage

When there is a need for data entry and data storage, excel is an
excellent software for basic needs. Excel is a great option to
store lots of data. However, the size of the excel file is limited
based on the device's computing capacity and memory
availability. Generally, excel worksheets can have 1,048,576
rows and 16,384 columns in a table form.
Performing Calculations

MS Excel has plenty of in-built functions or formulae that can


be used to work with the data. There are more than 450
functions in excel that are categorized accordingly. Some most
common functions in an excel function library include financial,
logical, text, date & time, math, and trigonometry. We can use
the necessary functions or formulae on any row, column, and
cell within the spreadsheet.
Data Analysis And Interpretation

Data analysis is an essential part of MS


excel. Analyzing the data helps in
making decisions for improvements.
When the data has been updated in
spreadsheets, we can use formulae and
pivot tables to effectively analyze the
data and interpret the numbers. Using
these features, we can consolidate the
data and easily focus on essential
segments from large data sets.
Reporting And Visualizations

Charts, graphs, or other visualizations


can make any simple report more
attractive and meaningful. It is always a
better way to use different charts to
display the results in a summarized
form, and that too with more attraction.
A simple chart can sometimes cover and
express the desired results than the
massive table with relatively long data
ranges.
Accounting And Budgeting

Account and budget managers most often use MS excel to


maintain customer records. It is an easy way to organize the
data and keep the data up to date with simple editing tools of
excel software. It is one of the main tasks of account managers
to keep records because it helps them create a strong
relationship with their clients.
Collection And Verification
Of Business Data
Most companies implement multiple
systems to manage their database and
logs separately. There can be different
software for specific tasks. Since MS
excel is a popular and widely used
software, most third-party business
software programs are designed to
adapt the characteristics of MS excel.
Calendars And Schedules

Another important use of excel can be seen in making calendars


and schedules. Excel offers some auto features that can help in
developing sequential dates or days accordingly. We are not
required to enter all the dates or days manually. Additionally,
we can adequately organize dates and days using rows and
columns in excel .
Administrative And
Managerial Duties
One of the significant aspects of administrative or managerial
duties is to create and maintain multiple business processes. MS
Excel is the solution. The software is not just used for
recordkeeping anymore. It is beneficial in office administration
for many other tasks, such as invoicing, paying bills, keeping
track of profits, loss, expenses, etc.
Forecasting

Generating continuous reports can be


beneficial towards future assumptions.
Apart from this, when there is no past data but
we have the target. Excel can be beneficial to
find the correct inputs for the specific results
we are planning to achieve. In particular, it
can be done using a feature Goal Seek
Analysis. By properly giving the right target
objective, we can identify what needs to be
done for further steps to achieve the set target.
Automating Repetitive Tasks

Excel is powerful software, and there are some advanced


features to help solve complex problems with ease. One such
feature in MS excel is 'Visual Basic' that offers developers to
implement advanced skills to automate routine tasks.
Conclusion

In conclusion, Microsoft Excel stands as a versatile and


indispensable tool for modern data management. Its widespread
usage across industries underscores its importance in today's
data-driven world. By harnessing Excel's features and
functions, individuals and organizations can unlock the full
potential of their data, leading to improved productivity,
efficiency, and decision-making.
References:

• Jones, M. (2019). Excel for Data Analysis: Basic to Expert Level. Wiley.
• Montgomery, D. C., Runger, G. C., & Hubele, N. F. (2015). Engineering
Statistics. Wiley.
• Microsoft. (n.d.). Excel Help & Learning. Retrieved from
https://support.microsoft.com/en-us/excel
• https://www.javatpoint.com/uses-of-ms-excel
THANK YOU

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