What is Excel?

Microsoft Excel is a software program included in the Microsoft Office suite. It is a commercial spreadsheet application developed by Microsoft for Windows, macOS, Android, and iOS. It is used to create spreadsheets (documents in which data is placed out in rows and columns — like a big table), pivot tables, do calculations, graphic tools, and automate macro programming known as Visual Basic for Applications.

The Microsoft Excel spreadsheet contains a group of 10,48,576 rows and 16384 columns, which are represented in a table format in which one index is called CELL. By default, in Excel, there are three worksheets (you can add more worksheets as per your requirement). A Worksheet is a collection of cells organized in rows and columns. A group of worksheets is called the workbook. The workbook and the electronic spreadsheet are now the synonyms of Microsoft Excel.

Features of Excel

Microsoft Excel contains all the same basic features as present in other spreadsheet applications. It uses a collection of cells arranged into rows and columns to manipulate and organize data. The various features of Excel are as follows:

Excel features the ability to perform basic calculations using inbuilt function and formulas, use graphing tools, etc.
They are used to create customized dashboards. It is used to display and represent data attractively through charts, pie, histograms, and line graphs.
Excel Table feature turns a range of cells/data into a Table format, which makes managing and analyzing data easier.
The most commonly used feature of excel is sorting and filtering. One can sort the respective data in any order, ascending to descending or vice-versa, and filter the data to display only the required criteria.
One of the most powerful features of Excel is the Pivot Table. It allows extracting the significance data from a large and detailed data set.

Applications of Excel

Microsoft Excel is a spreadsheet program that is infinitely flexible. Like Microsoft Word, Excel contains powerful programming capabilities and thus, has become a de facto standard in the business world, with endless possibilities which are as follows:

· Excel spreadsheets are frequently emailed among peers to exchange data and perform various calculations.

It used by officials/executives to keep track of sales by a customer on a day to day basis.
Excel is extremely valuable for many businesses to record expenses and revenue, plan budgets, chart data, and concisely present fiscal or economic results.
Excel even Monitors customer payments to ensure that none are late.
It keeps the record of expenditure and assigns them to respective employees.
It is used to automatically run the data through formula such as financial models to update information in real-time.
It can be programmed to pull in data from external sources such as stock market feeds,
It calculates the monthly payments on the office mortgage or hours worked per employee for monthly payroll
It is helpful in creating different graphs or charts to explain the company’s monthly, quarterly or yearly performance over time;
It aids in estimating the monthly sales for the next three years based on historical data.

Prerequisite

Before learning the Excel Tutorial, the reader must have some basic knowledge of Computers and Microsoft. Knowledge of Excel will surely add an advantage to the reader.

Audience

Our Excel Tutorial is designed to help beginners and professionals. It would also be useful for enthusiasts in the fields of data analytics, managing data, calculating reports, schools, colleges, and Business Fields.

Problem

We assure you that you will not treasure any problem with this Excel Tutorial. But if there is any mistake, please do post the question/error in the contact form.

Excel Tutorial

Functions

How To

Misc

Excel Tutorial

Functions

How To

Misc

Excel Tutorial for Beginners

What is Excel?

Features of Excel

Applications of Excel

Prerequisite

Audience

Problem

Excel Tutorial

Functions

How To

Misc