Well, you may have been thinking of how Microsoft Excel can assist you in the office. I have compiled this article to assist you to understand how Microsoft Excel can be of help to you in your office environment.
Microsoft Excel, which is part of the Microsoft Office software collection, has many significant functions. It's been used since very soon after the introduction of Microsoft computers. What's more is that this software is compatible with Windows, Android, Mac OS, and cloud computing users. Here are some of the top 5 uses of Microsoft Excel in the office.
- Defines a calculated set of members or tuples by sending a set expression to the cube on the server, which creates the set, and then returns that set to Microsoft Office Excel. CUBESETCOUNT function. Returns the number of items in a set. CUBEVALUE function. Returns an aggregated value from the cube.
- Some of the features of MS Excel are add header and footer, find and replace command, password protection, data filtering, data sorting, built-in formulae, create different charts (pivot table report), automatically edits the result, formula auditing.
1. Accounting
First, learn basic formulas to get start with functions. Recommended Articles. This has been a guide to the features of MS excel. Here we discuss the top 9 features of Microsoft Excel that include Time Saving Shortcut Keys, Get Quick Sum of Numbers, Filtering Data, Paste Special Feature, etc.along with examples, and a downloadable excel template. How To Use The Excel Basic Functions. Excel Basic Functions For Beginners and excel definition – Microsoft Excel is a spreadsheet.It is a powerful application that allows users to do calculations, produce tables and graphs effortlessly.These can range from simple formulas easy to complex functions and mathematical models. It has helped an individual to work and manage his time effectively.
Microsoft Excel has been designed by Microsoft to meet accounting and financial needs. This includes budgeting, expenses tracking, loan calculators and financial reports.
Accounting refers to the process of recording comprehensive financial transactions for a particular business. The availability of numerous tools for calculation makes it an invaluable tool for accounting purposes in the office. It also has templates which makes the accounting processes much easier.
Job examples; auditors, accountants, forensic accountant, company secretary
2. Graphing
Refers to the use of graphs to represent statistical data. Data in Microsoft Excel Is usually organised in cells. These cells can be easily formatted and organised to represent data. This organised data can be used by various departments within the office to represent their statistical data in a visually appealing way. Since Excel has all the mathematical tools and graphs, this can be easily carried out in a cost-effective manner.
Job examples; architects, economist, an epidemiologist.
3. Data Organisation
Data organisation is one of the top business uses of the world's most popular business software. Data from the various units in an office are raw and consequently unorganised. Data that are commonly kept include employees' details, inventories and invoices.
Adobe tool cs6. Dealing with raw and unorganised data is a challenge especially when you require the data to come up with data-based findings or observations. Microsoft Excel comes in to help you organise data in your office in a more tidy and systematic manner. This organised data can be accessed and utilised more easily. Furthermore, it can also be used to analyse things like the rate of growth of the company.
Job examples: data officers, data analysts, data assistant, secretary.
4. Calculating
After using Excel for a while you will find out that it supports most mathematical calculations. From addition, multiplication, subtraction, division, average and even median, Excel has got you covered. You can, therefore, trust this software to cover all your calculation needs. Its organisation of data in cells also makes calculation easier. There are also different formulas available for use in Microsoft Excel. You can, therefore, customise Excel as your own calculator by bringing into the table your most used formulas.
Job examples: retail sales associate, accountant, mathematician, financial analyst, statistician
5. Managing Office Operations
Managing office transactions can be quite a headache sometimes. This is especially if the transactions are large. MS Excel helps you keep track of clients transactions, calendars appointments, plans and schedules.
Microsoft Excel can store this data in a well-tabulated manner, making your office work easier. What's more is that you can also set Excel to remind you of the plans and schedules when their time comes. This assists you to easily manage time and avoid missing out on important events.
Job examples; company secretary, human resource manager, receptionist, office manager.
As a topmost spreadsheet application on this planet, Microsoft Excel has a lot of benefits for anyone who knows how to use it.
And if you are one of those people who we want to learn it and wondering how this can help you in your work, when I have listed the top ten benefits of Microsoft Excel here.
10 Benefits of Microsoft Excel
- Best way to store data
- You can perform calculations
- All the tools for data analysis
- Easy to data visualizations with charts
- You can print reports easily
- So many free templates to use
- You can code to automate
- Transform and clean data
- Store data with millions of rows
- You can work with Excel online + mobile app
Don't forget to download this EXCEL PRODUCTIVITY BUNDLE (E-BOOKS) from here to level up your EXCEL SKILLS this year.
1. Best way to store data
Even if you don't use any of the options or any tool which Excel offers you, it is the best way to store data. Why I'm saying this because Excel is a kind of application that is used by millions of people.
So, when you store data in Excel and then share it with others,they can access that it easily.
2. You can perform calculations
What makes Excel the best spreadsheet application on theplanet is its ability to perform calculations. In Excel, you have a completelist of functions (Top 100)that you can use for the calculations.
Basically, an Excel function is a predefined formula that returns a specific result based on the values you specify.
But apart from that, you can also create your own formulas by combining two or more functions or just by performing calculations using operators.
5 Functions Of Microsoft Excel Formulas
Some Formula Examples:
3. All the tools for data analysis
The core motive of having data is to analyze and to getinsights out of it. The good news is Excel has some of the most powerful toolsto analyze data.
Imagine you have data with thousands of rows, you can insert a pivot table out of that data and create a summary table.
Some of the things you can do with pivot tables to analyze data:
4. Easy to data visualizations with charts
In Excel, you have all those options to create charts andpresent your data in a visual way.
5 Functions Of Microsoft Excel Spreadsheets
All those major types of charts that you need to use to present your data are already there and you can insert them with a single click.
If you go to the Insert Tab, in the charts group, you can findall the charts which you can insert.
Not just that, there's also a button called recommendedcharts that you can use to let Microsoft Excel recommend you the best possiblechart to use for the data you have in your worksheet.
And if you think that you need something other than the default charts you have the option to create advanced charts using some specific methods. Windows paint editor.
Here we have a list of top 10 ADVANCEDEXCEL CHARTS that you can use in Excel.
And you can also create in-cell charts to make your data easily understandable for anyone.
5. You can print reports easily
Even if you are a person who likes to save trees but therecould be a point where you need to print reports to share with others or presentit to someone.
Well, Excel allows you to print with a lot of customizationwhere you can change the margin, paper size, orientation, etc.
There's a whole bunch of options that you can use for pagesetup before printing a report.
6. So many free templates to use
Garageband 10 effects. One of the most popular things about Excel is you can createdashboards and templates.
There's a whole bunch of free templates that you can download and use.
Free Excel Templates to Start with
7. You can code to automate
Microsoft Office has its own coding language which is calledVBA (visual basic for applications) and it allows you to write code for almostall the activities that you perform manually in Excel.
You can automate all kinds of activities from simple (make atext bold) to complex (insert a pivottable) using a VBA code.
Start Learning VBA
Once you learn the basics of VBA, you can also create a custom function by writing code.
8. Transform and clean data
If you are one of those people who work with data a lot oryou know someone who works, there are a lot of situations where you need todeal with messy data which you need to clean before you use it.
The process of cleaning and transforming data takes a bigchunk of your time and it can be a tedious process.
For this, Microsoft has introduced the power query which is a data transformation and cleaning engine well you can load data from multiple sources, transform it, and then load it back to the worksheet.
What makes power query such a powerful tool? Check out this complete POWER QUERY guide tounderstand.
9. Store data with millions of rows
Well, there is no limit to data, but Excel has a limit in terms of rows and columns.
So that's why Microsoft came up with Power Pivot where youcan store data with millions of rows and then you can perform calculations withinPower Pivot.
See this (Power Pivot – Overview and Learning)
10. You can work with Excel online + mobile app
As most of the companies these days are moving to the cloud and Microsoft Excel has its own web version. It has so many features, like functions, pivot tables, and pivot charts just like the desktop app.
And recently Microsoft has launched its all-in-one office app that you can use to work on spreadsheets mobile as well.
Want to START your Excel Learning?
