Excel even has built-in templates for loan calculators and sales receipts it also supports third-party templates for accounts payables, balance sheets, income statements, and more.
Businesses have been using it to draw budget plans, make financial reports, and plot profit forecasts for years.
Here are a few examples: AccountingĮxcel has long been a trusted accounting tool. In short, Microsoft Excel or simply Excel can be utilised in the workplace in so many ways. There are Microsoft Excel training courses you can enrol in to help you maximise its functions. With its multiple functions and capability to contain thousands of entries, many organisations rely on this spreadsheet software to sort and analyse data. Microsoft Excel, first launched in 1985, remains to be one of the most versatile business tools.
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