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Do³±czy³: 06 Maj 2023
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 Ms Excel: Why Is It so Important? |
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Ms excel is a software program created by microsoft that uses spreadsheets to organize numbers and data with formulas and functions. Excel analytics is ubiquitous around the world and is used by businesses of all sizes to perform financial analysis.
What is a spreadsheet?
A spreadsheet is a special way of organizing data into rows and columns to make it easier to read and manipulate. Here's a screenshot of a blank spreadsheet:
Excel
As you can see, the document is made up of columns (the vertical sets of boxes labeled a, b, c, etc. at the top of the screen) and rows (the horizontal sets of boxes labeled 1, 2, 3, etc. at the bottom of the screen).
At the intersection of each row and column is a cell into which a user can enter numbers or text. The address of any given cell is generated by combining the cell's column letter with the cell's row number.
From this grid, the user can easily create tables for numerous Argentina WhatsApp Number list applications and with the advantage of applying formats and styles quickly.
What is excel used for?
Excel is commonly used to organize data and perform financial analysis. It is used in all business functions and in companies from small to large.
The main uses of excel include:
Data entry
Data management
Accounting
Financial analysis
Plot and graph
Programming
Time management
Task management
Financial modeling
Customer relationship management (crm)
Just about anything that needs to be organized!
What are the benefits of using ms excel?
Ms excel is widely used for various purposes because data is easy to save and information can be added and removed without hassle and less work.
Below are some important benefits of using this software:
Easy to store data: since there is no limit to the amount of information that can be stored in a spreadsheet, ms excel is widely used for saving or analyzing data. Filtering information in excel is easy and convenient.
Easy to retrieve data – if the information is written on a piece of paper, it may take longer to find it, however, this is not the case with excel spreadsheets. Finding and recovering data is easy.
Math formulas application: doing calculations has become easier and less time consuming with formulas option in ms excel
More secure: these spreadsheets can be password protected on a laptop or personal computer and the chance of losing them is much lower compared to data written in records or paper.
Data in one place – previously, data had to be kept in different files and records when paperwork was done. Now this has become convenient as more than one worksheet can be added in a single ms excel file.
More organized and clear visibility of the information: when the data is saved in the form of a table, the analysis becomes easier. Thus, the information is a spreadsheet that is more readable and understandable.
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