![]() Using these features, we can consolidate the data and easily focus on essential segments from large data sets.īy applying features like sort, filter, or swapping out data segments, the table can be managed more systematically to carry out the required data fields. When the data has been updated in spreadsheets, we can use formulae and pivot tables to effectively analyze the data and interpret the numbers. Analyzing the data helps in making decisions for improvements. Data Analysis and Interpretationĭata analysis is an essential part of MS excel. With excel, we can perform almost every type of calculation ( addition, subtraction, multiplication, division, etc.), and it is one of the best use of MS Excel. Once we have created the specific set of functions, we must put corresponding values to get the desired results. So, we do not need to do the entire task again and again. We can also create our custom formulae with some programming skills or using macros in addition to the existing functions. We can use the necessary functions or formulae on any row, column, and cell within the spreadsheet. Some most common functions in an excel function library include financial, logical, text, date & time, math, and trigonometry. There are more than 450 functions in excel that are categorized accordingly. MS Excel has plenty of in-built functions or formulae that can be used to work with the data. For example - customer mailing list, employees work reports, employees shift rotations, etc. Moreover, we can also use excel to create different lists for various needs. Using this, users can build customized data entry forms according to their business requirements. Using multiple tools and formulae, we can implement numerous operations on the data.Īpart from this, features like Data Form in excel make inputting and viewing data more accessible. Once the data is organized in an excel file, we can use it for various purposes. Generally, excel worksheets can have 1,048,576 rows and 16,384 columns in a table form. However, the size of the excel file is limited based on the device's computing capacity and memory availability. Excel is a great option to store lots of data. When there is a need for data entry and data storage, excel is an excellent software for basic needs. Let us discuss each in detail: Data Entry and Storage Collection and Verification of Business Data.In this article, we are discussing some of the major uses of Microsoft Excel that will help us understand the potential of this powerful software and how different people or organizations are using it for their needs. Therefore, there are plenty of uses of MS excel, and the list goes on. Excel is powerful software and can help perform a wide range of jobs for personal or business purposes. However, excel is more than just a simple reporting program. It is one of the most powerful spreadsheet software that uses rows and columns to organize the data.Įxcel seems like an essential number-crunching software primarily used for managing household expenses or generating some basic reports. ![]() MS Excel or Microsoft Excel is an essential software program of Microsoft Office Suite developed by Microsoft.
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