What is MS-Excel? and What is Microsoft Excel used for?

What is Microsoft Excel?

Microsoft Excel is a Spreadsheet program with digital worksheet divided into columns & rows which are used to store or organize the information, calculate numbers.

A Microsoft Office Excel workbook is a file that contains one or more worksheets that you can use to organize various kinds of related information.

Originally released in 1985, Microsoft Excel has become the most-used Spreadsheet program in the world. Excel can perform formula-based calculations and many other mathematical functions.

What is Microsoft Excel used for?
Why Microsoft Excel Is Important For Business Organizations. Microsoft ExcelSpreadsheet software has become an integral part of most business organizations across the world.

MS Excel has a simple interface, which allows users to easily understand this software and also perform basic activities.

Excel used to Store database records.
  •         Can conduct Planning.    
  •         Can manage the budget.
  •         Can create the charts  & graphs
  •         Can analyses business intelligence & market data.
  •         Can keep customer or vendor or staff records.

Who can uses excel at workplace?
Nearly every-one in the modern work place they do use excel. At least its basic functions excel skills are essential to any persons career that involves managing money or data.

Is excel used only in big companiesThe very short answer for the above is No.

Excel is useful to most of all level companies. It is very useful to to all size companies, and  individuals.

Individualscan track household expenses and incomes.

In the process of teaching and learning, both teachers and students find it easier to make use of Excel worksheets. The activities, such as, preparing lesson plans, grading papers, creating graphs or tables and many more can be carried out effectively and efficiently by usingMicrosoft Excel Worksheets.

Small businesses. Most common general uses for spreadsheet software are to create budgets, produce graphs and charts, and for storing and sorting data. Within business spreadsheet software is used to forecast future performance, calculate tax, completing basic payroll, producing charts and calculating revenues and keep inventory & accounts related information.

Bankers who can use spreadsheetsas their main source of information for underwriting procedures also face certain limitations. Loan transactions require that borrowers’ financial data be centralized and easily accessible to risk officers and lending officers involved in making decisions.