Uses for Microsoft Excel

Microsoft Excel as spreadsheet program is widely used in industry and as such it is essential to learn not only the basic functions of the program, but also the more advanced formulas and menus. The main uses of Microsoft Excel in business today are briefly described below.

Budgeting Tool

Whether it is a small business or a large corporate entity, the spreadsheets in Excel are perfect for budgeting purposes and although sophisticated functionality is available to the user, the spreadsheets are easy to use and print. The majority of businesses use the program as their base budgeting instrument even when they have advanced budgeting software available.

Tool for Analysis

Microsoft Excel is perhaps one of the most useful analytical tools available to business owners and accountants. The pivot table feature is used for the purpose of analysis and the current version in 2007 is as good as it gets as it can even operate directly with database servers and has a tremendous memory making it a highly competitive tool for modern BI.

Form producer

It is possible to create rather complex forms with the program which can contain from simple answer boxes to check boxes, radio button options, drop down menus, and lists. Since it is a Microsoft bundle program the information can be exchanged with programs such as Access, PowerPoint, and Word.

Inventory Control

Easy input functionality, combined with pivot tables for analysis of data, and formula wizards for complex, but accurate formula creation, and highlighting available, make Excel also an excellent tool for inventory control.

Learn how to use Microsoft Excel for the above tasks by attending one of the workshop based short courses or subscribing for one of the advanced online courses. Contact us today to enquire about the various courses available.