What can you use microsoft excel for

Complete List of Things You Can Do With Excel

  • Tools, Calculators and Simulations.
  • Dashboards and Reports with Charts.
  • Automate Jobs with VBA macros.
  • Solver Add-in & Statistical Analysis.
  • Data Entry and Lists.
  • Games in Excel!
  • Educational use with Interactive features.
  • Create Cheatsheets with Excel.

Contents

  • 1 What are 7 things you can use Excel for?
  • 2 What are the 10 uses of Microsoft Excel?
  • 3 What are the 3 common uses for Excel?
  • 4 What can Excel be used for at home?
  • 5 What are the five uses of spreadsheet?
  • 6 How can excel help you as a student?
  • 7 How excel is useful in our life?
  • 8 Is Excel a good skill?
  • 9 What are 3 uses of spreadsheets?
  • 10 How are spreadsheets useful for users?
  • 11 What are the Excel features?
  • 12 How do I make Excel fun?
  • 13 How can excel functions help in future career?
  • 14 Is Excel worth learning in 2021?
  • 15 Is Excel still relevant 2021?
  • 16 What are the basic things to learn in Excel?
  • 17 What can I make a spreadsheet of?
  • 18 How do I make an Excel spreadsheet look pretty?
  • 19 How do you use a spreadsheet as a planner?
  • 20 What’s a worksheet in Excel?

What are 7 things you can use Excel for?

More Than a Spreadsheet: 7 Things You Can Do with Microsoft Excel

  • Accounting. Excel has long been a trusted accounting tool.
  • Data Entry, Storage, and Verification. At its core, Excel is data-entry software.
  • Data Visualisation.
  • Data Forecasting.
  • Inventory Tracking.
  • Project Management.
  • Creating Forms.

What are the 10 uses of Microsoft Excel?

Top 10 Uses of Microsoft Excel in Business

  • Business Analysis. The number 1 use of MS Excel in the workplace is to do business analysis.
  • People Management.
  • Managing Operations.
  • Performance Reporting.
  • Office Administration.
  • Strategic Analysis.
  • Project Management.
  • Managing Programs.

What are the 3 common uses for Excel?

The main uses of Excel include:

  • Data entry.
  • Data management.
  • Accounting.
  • Financial analysis.
  • Charting and graphing.
  • Programming.
  • Time management.
  • Task management.

What can Excel be used for at home?

You can use Excel to store, organize, and analyze data. Excel is Microsoft’s spreadsheet program, a part of the Microsoft 365 suite of products. Here’s a crash course in the basics of using Microsoft Excel.

What are the five uses of spreadsheet?

What Is the Purpose of Using a Spreadsheet?

  • Business Data Storage. A spreadsheet is an easy way to store all different kinds of data.
  • Accounting and Calculation Uses.
  • Budgeting and Spending Help.
  • Assisting with Data Exports.
  • Data Sifting and Cleanup.
  • Generating Reports and Charts.
  • Business Administrative Tasks.

How can excel help you as a student?

Excel reduces the difficulty of plotting data and allows students a means for interpreting the data. You can also reverse the traditional process of analyzing data by giving students a completed chart and see if they can reconstruct the underlying worksheet.

How excel is useful in our life?

Excel helps you in career management, time management, learning management, life management, and so on. If you are a student, then you can manage all your expenses with the help of excel.

Is Excel a good skill?

It contains a spreadsheet that can automatically input, calculate and analyze data, which makes it a valuable skill for the workplace. Employees can use Excel to accomplish an abundance of daily tasks.

What are 3 uses of spreadsheets?

The three 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.

How are spreadsheets useful for users?

A spreadsheet is a tool that is used to store, manipulate and analyze data.These programs allow users to work with data in a variety of ways to create budgets, forecasts, inventories, schedules, charts, graphs and many other data based worksheets.

What are the Excel features?

Features of Microsoft Excel

  • Add Header and Footer. MS Excel allows us to keep the header and footer in our spreadsheet document.
  • Find and Replace Command.
  • Password Protection.
  • Data Filtering.
  • Data Sorting.
  • Built-in formulae.
  • Create different charts (Pivot Table Report)
  • Automatically edits the result.

How do I make Excel fun?

Excel can be Exciting – 15 fun things you can do with your spreadsheet in less than 5 seconds

  1. Change the shape / color of cell comments.
  2. Filter unique items from a list.
  3. Sort from Left to Right.
  4. Hide the grid lines from your sheets.
  5. Add rounded border to your charts, make them look smooth.

How can excel functions help in future career?

Benefits of Excel for Employees

  1. Sharpening Your Skill Set.
  2. Improving Your Efficiency and Productivity.
  3. Making Yourself a More Valuable Member of the Company.
  4. Making You Better at Organizing Data.
  5. It Can Make Your Job Easier.
  6. It Creates Greater Efficiency and Heightens Productivity.

Is Excel worth learning in 2021?

Q: Is VBA still relevant in 2021? Excel is a program that is still worked with a lot by many companies/people, so it is still relevant to learn VBA in 2021.

Is Excel still relevant 2021?

In the age of data analysis, Microsoft Excel is still necessary.One such program, which often goes unnoticed when it comes to the analysis of data, is Microsoft Excel. Microsoft excel is still relevant in the age of data analysis and advanced technologies.

What are the basic things to learn in Excel?

Basic Skills for Excel Users

  • Sum or Count cells, based on one criterion or multiple criteria.
  • Build a Pivot Table to summarize date.
  • Write a formula with absolute and relative references.
  • Create a drop down list of options in a cell, for easier data entry.
  • Sort a list of text and/or numbers without messing up the data.

What can I make a spreadsheet of?

10 Amazingly Useful Spreadsheet Templates to Organize Your Life

  • Excel Money Management Template.
  • To-Do List.
  • Medication List.
  • Travel Budget Worksheet.
  • Checkbook Register.
  • Home Inventory Checklist.
  • Meal Planner.
  • Project Schedule Template.

How do I make an Excel spreadsheet look pretty?

Excel for Architects – 9 Steps to Beautiful Spreadsheets

  1. Choose a good font.
  2. Align your data.
  3. Give your data some space.
  4. Define your headers.
  5. Choose your colors carefully.
  6. Shade alternate rows for readability.
  7. Use Grids Sparingly.
  8. Create cell styles for consistency.

How do you use a spreadsheet as a planner?

Here’s how to set up your weekly planner using Google Sheets.

  1. Step 1: Go to spreadsheets.google.com and click “Template Gallery” to see all available templates.
  2. Step 2: Choose “Schedule” template.
  3. Step 3: Set the starting date in cell C2.
  4. Step 1: Make yourself a copy of this spreadsheet:

What’s a worksheet in Excel?

The term Worksheet used in Excel documents is a collection of cells organized in rows and columns. It is the working surface you interact with to enter data. Each worksheet contains 1048576 rows and 16384 columns and serves as a giant table that allows you to organize information.

Contents

  1. Tools, Calculators and Simulations
  2. Dashboards and Reports with Charts
  3. Automate Jobs with VBA macros
  4. Solver Add-in & Statistical Analysis
  5. Data Entry and Lists
  6. Games in Excel!
  7. Educational use with Interactive features
  8. Create Cheatsheets with Excel
  9. Diagrams, Mockups, Gantt Charts
  10. Fetch live data from web
  11. Excel as a Database

Excel is one of the most used software in today’s digital world. Most people quickly open up an Excel file when they need to write or calculate anything. It is like “paper”. (remember those graph notebooks from school times..)

1-Paper-Excel-Spot-the-Difference

Good old days..

Actually, this is not only specific to Microsoft’s Excel but most of the spreadsheet software like open office or google sheets. However, we will focus on Excel and what can you do with it today, as it offers huge flexibility you will discover below.

Let’s start with the main usage areas of Excel. As we all know, spreadsheets are designed to make calculations easier. So they contain “formulas”. They allow us to make basic math like summing, multiplying, finding average as well as advanced calculations like regression analysis, conversions, and so on.

When we combine these powerful math features with some tables, lists, or other UI elements, we can come up with a calculator. And most of the time they will be dynamic (meaning that when you change a parameter all the rest of the calculations will adapt accordingly)

Below see an example from our past studies as Someka:

2-Excel-Dashboard-Someka

For more details, check Someka – Custom Services

We have built this calculator for an app development company executive. He was changing the parameters he wants and sees the outcomes immediately.

This is great especially when you try to make big “models” in excel. Financial Modeling is one of the most used application areas of these big models. If we tried to do this with pen-paper (which used to be the way once upon a time) it would be horrible I guess:

3-Financial-Modeling-with-Excel-Joke-Someka-Blog

Financial Modeling with Excel Evolution

Financial modeling is also being used to test the excel skills of experts. They even make a competition for it: ModelOff

We also have a tool for startups to make a feasibility study playing with their own variables:

mobile-app-financial-model

This is a comprehensive Feasibility Study Excel Template for app startups with download projections, costs, financial calculations, charts, dashboard, and more.

The business world is demanding. It is not enough just to make the calculations, set up your tables, and write the text. You have to create pie charts, trends, line graphs, and many more. Whether you are getting prepared for your pitch or make a presentation in your company, you can use Excel’s chart features.

4-Reports-and-Charts-in-Excel-Someka-Blog

Reports and Charts in Excel

Pivot Tables

One of the greatest features which Excel offers is Pivot tables. This is an advanced Excel tool that helps you create dynamic summary reports from raw data very easily. After you create your table you can play with parameters easily with a drag and drop interface.

It looks like this:

5-Pivot-Tables-in-Excel-Reporting-Someka-Blog

Pivot Tables are quite useful

Dashboards

Complex excel models do have lots of variables, calculations, and settings. And instead of managing all variables one by one on different sheets, different places it is a very good idea to put them together like a “control panel”.

You can think dashboards as cockpits of planes.

Recently dashboards became very popular. There are lots of training videos about how to build and design control panels for our excel models. Actually, they are not so different from the rest of the calculations.

But the main idea is: if there is something you may want to change, later on, don’t write it directly in the formula but bind it to a variable.

Let’s say you are building a sales report for your manager. He asks you to make the file changeable so that he can see the results in US dollars or Euros according to the situation. Instead of writing an Fx rate into the calculations, you should bind this to a cell that you can play with later on.

Like this:

6-Excel-Dashboard-Logic-Someka-Blog

Excel Dashboard Logic

This may seem so obvious to some of you. But this is the basic approach of all dashboards in excel files. Of course, you can improve it with more complex formulas, buttons, cool charts, and even VBA but the main idea stands still.

Here is an example of a complete set of the dashboard:

7 Excel Dashboard - Someka Blog

Excel Dashboard from Someka Custom Services

Or a dashboard for a livestock feasibility study:

8 Excel Feasibility Study Dashboard - Someka Blog

Livestock Feasibility Study Dashboard

If you are interested in Sales Dashboards, you may want to check out our Excel template:

Sales-Reporter-Excel-Template-1

This is an interactive Sales Report Template in Excel. Features a dashboard with profitability, sales analysis and charts.

Other than that, Marketing ROI Calculator would be very helpful to prioritize your marketing campaigns in Excel:

marketing-roi-calculator

It will provide essential metrics and help you to manage all your marketing campaign channels in one place.

Most of the users who use Excel extensively are already coding. But if you ask them whether they know how to code most probably they will say no. Of course, writing formulas is a very small part of the things you can do with VBA. It is a strong programming language that lets you create small scripts (macros), user forms, user-defined functions, add-ins, and even games! (which we will touch below separately)

I will not dive into VBA here since it is a detailed area. But there are some basic things that will be beneficial to know for those who use Excel often:

  • You can record macros for repeating jobs: You don’t need to code from scratch. Just click on the record macro button and it will write the code for you in the background. (If you want, you can modify later on)
  • It extends the borders of Excel world. If you feel like you are limited somehow in Excel, you are more like an advanced user. It is time to get a little bit into VBA.
  • You can create user forms with VBA only. If you see something like this, know that it is using VBA:

9-Excel-User-Form-VBA-Example-Someka-Blog

Someka Client Task Management Template

VBA is quite powerful and if you work with Excel extensively you won’t regret learning a bit. For example wouldn’t it be nice if you could send bulk emails from an Excel spreadsheat with a button click?

It is not surprising for spreadsheet software like Excel to offer advanced math techniques to make more complicated studies. (To be honest, I am not a statistics expert but with an engineering background, I will try to do my best to explain the basics. Feel free to correct me if I’m wrong)

Data analysis is a trending concept for recent years with the development of powerful computers and improved software. We are collecting and recording much much more data compared to the past. Take a look at this chart to understand what I mean:

10-Big-Data-Trends-Someka-Blog.png

Source: Statista

Especially this part:

“more data has been created in the past two years than in the entire previous history of the human race”

It is a bit frightening, isn’t it? Ok, we are not going to dive into the “Big Data” world. Let’s get back to our humble excel world.

As we collect this much data, some people will want to analyze it. Otherwise, it makes no sense to spend billions of dollars on those data centers. Excel has built-in functions for basic descriptive statistics methods like Mean, Median, Mode, Standard Deviation, Variance etc.

But if we want to go a bit further I will mention two Excel features (actually add-ins) at this step: Solver and Regression Analysis

Solver

Have you ever heard of “optimization”? When we have more than one parameters that affect the outcome, we can only have a most optimized solution rather than a maximum solution. This may sound weird but it is very valid in our daily lives.

One of the simplest and popular examples is: Farmer Fence Optimization Problem

“A farmer owns 500 meters of the fence and wants to enclose the largest possible rectangular area. How should he use his fence?”

11 Farmer Fence Optimization Problem Excel Solver Solution - Someka Blog

Farmer Fence Optimization Problem Excel Solver Solution

This is a very simple example to explain what a solver does. But actually, you can run much more complicated data sets with Solver.

Regression Analysis

Since this is a bit advanced topic for this blog post, I will only touch the surface.

In most simple terms, regression analysis helps you find the correlation between the variables. For example, you may want to know what is the relation between the number of birds flown over your head and the money you earned today. (sorry for the silly example. No, I am not curious about it :) You will need to gather sample data and put in an analysis to see if there is any correlation.

It seems something like this:

You put your data:

12 Excel Regression Analysis Sample Data - Someka Blog

Sample Data

Run the regression from Analysis Toolpak:

13 Analysis ToolPak Excel - Someka Blog

Analysis ToolPak Excel

And get results something like this:

14 Excel Regression Analysis Results - Someka Blog

Excel Regression Analysis Results

Of course, there is much more sophisticated software to run data analysis. However, there is a joke in business intelligence communities:

  • What is the most used feature of any business intelligence solution?
  • It is “Export to Excel”

Looks like we won’t stop using Excel anytime soon.

Coming back from boring data analysis world, let’s mention the simplest and most handy usage area of excel: Make Lists!

It is already self-explaining so I won’t bother with the details. When you want to list down some simple data, take notes, create to-do lists, or anything. Just open the excel and write it down. Did we mention that “paper alternative” thing? Oh yes, we did.

A lead list example:

15-Lead-Lists-in-Excel-Someka-Blog-1

Lead List in Excel

You can also convert PDF files into Excel files in order to make it easier to work on. This can be done automatically with some software. But some pdf files cannot be processed automatically (like handwritten documents, scanned invoices, etc). You will need to do it manually.

16-PDF-to-Excel-Someka-Blog

PDF to Excel

When you want to play with the data on a web page, you can easily copy-paste it into an excel file and then you can sort, filter or do anything you want:

For example, Fortune 500 US List:

17-FortuneList-in-Excel-Sample-Someka-Blog

Fortune 500 List in Excel

Everybody loves to-do lists. And we have created useful to-do list in Excel for business or personal uses. Check it out, it is free:

To-Do List Excel Template

We already mentioned this in the VBA section above. But it is worth to talk a bit more.

Visual Basic allows you to code complex things like games as well. But of course, don’t expect a GTA or FIFA. Things like chess, sudoku, or Monopoly is OK. But, a few people have gone far and created more complicated things, like an RPG game. Take a look at this:

18 Arena XLSM Excel Games - Someka Blog

Source: carywalkin.ca

This game has been created by an accountant, Cary Walkin. I know it doesn’t look great but it is in Excel! (you can play it at the office ;) )

Another example:

19 Flight Simulator Excel Games - Someka Blog

Source: excelunusual.com

A flight simulator in Excel?? Is it the same thing we use to sum up the sales figures? Lol yeah.

You can also embed flash games into Excel (like Super Mario, Angry Birds or whatever) But I count them off as they are not built with VBA.

As we mentioned in the Financial Modeling section, Excel is quite good for creating dynamic results according to the inputs. We get the benefit of this to create interactive tools.

One example that comes to my mind is this spreadsheet, guys from San Francisco have prepared:

20 Excel Everest Interactive Education - Someka Blog

Source: exceleverest.com

I haven’t tried it myself but an Excel tutorial in Excel. Liked the idea!

Another similar interactive Excel learning tool is from Keyskillset:

hotkeyexcellence-tin

Actually, this is not completely in Excel and works as separate software but I liked how they combine the Excel training with gamification features.

Quizzes are good tools for interactive learning and you can prepare in Excel as well. A quizmaster template from indzara.com:

21 Indzara Excel Quiz Master - Someka Blog

Source: indzara.com

A student lesson plan template in excel which we have prepared recently:

22-Student-Lesson-Plan-in-Excel-Someka-Blog

Someka Student Lesson Plan in Excel

You can learn Excel in Excel!

As said: Practice Makes Perfect!

You can test your Excel skills in Excel with Excel Formulas Trainer:

someka-excel-formulas-full-trainer-inpost

This is actually an Excel template prepared with VBA macros and basically works as a practice worksheet. It has 30 sections and around 100 questions. You can learn VLOOKUP, IF and much more excel formulas by doing. If you like the idea of “learning by doing”, then it is worth to check.

Also, this online course from GoSkills is for everyone as well, covering beginner, intermediate and advanced lessons.

By cheat sheets, we don’t refer to the piece of paper with information written down on it that an unethical person might create if they weren’t prepared for a test. What we mean is a reference tool that provides simple, brief instructions for accomplishing a specific task. We use this term because it is highly popular recently.

For example, this is a cheat sheet:

23 HTML CheatSheet in Excel - Someka Blog

Created by Jacob Seidelin

This compacted and summarized info is very useful in many aspects. When you try to memorize things, lookup, reference, etc. And can be easily created with Excel. Let’s make a Google search for a cheat sheet made in Excel.

This one is from Dave Child (cheatography.com) and I was also using this one I first learned HTML:

24 HTML Cheat Sheet in Excel - Someka Blog

Created by Dave Child

The last example is an Excel Cheatsheet made for Excel shortcuts:

Of course, if you are looking for stylish infographics and cheat sheets, you should check out design software.

I know Excel is maybe not the best tool to do these. There are great programs or websites to make mockups, diagrams, brainstorming, mind-mapping, or project scheduling. But there are habits as well. Even though I am very open to try and use these kinds of brand-new tools, I find myself using excel for a mockup or a mind map. (select shapes, put notes, put arrows, change colors etc. Omg it is tedious)

Gantt charts can be a bit old-school as agile project management methods are increasing in popularity, they are still being used widely. There are several Gantt chart excel templates on the web.

A Gantt chart example from vertex42.com:

Source: vertex42.com

Source: vertex42.com

I just found out a reporting structure mockup I have prepared in Excel once upon a time:

26 Making Mockups in Excel - Someka Blog

A bit blurry but explains the purpose

By the way, did you see our Automatic Organization Chart Generator?

This is an Excel template that lets you create organization charts from Excel lists with a click of a button. It can be useful for small business owners and Human Resources departments.

These type of charts are directly related to Excel as most of the companies already keep their data in spreadsheets. But I also know people who even build their website mockups in Excel (with links to other sections, placement of buttons, sliders etc.).

Sometimes you may need your excel files to be updated automatically from a live data source. For example, if you are making a stock market analysis and want the latest data of some stock prices at NYSE, you can connect your Excel file to a data feed and let it take the latest info automatically (unless you want to input them one by one!)

As this is a comprehensive topic I will leave it for another post. But here is a few things you can fetch into excel:

  • Stock prices
  • Match results of soccer, NBA, NFL or any sports games (from live score sites)
  • Fx rates
  • Real-time flight data of airports
  • Any info in a shared database (whether it is your company intranet or public)

This topic is getting more and more important as most data is kept on cloud systems. We don’t download info bits to our computers as we used to do in the past. So, Microsoft is working hard to improve the web integration of Excel.

Recommended Reading: Can Excel Extract Data From Website?

Yes, it is not the best idea to use Excel as a database. Because it is not designed for this purpose. Queries will take a long time especially when data gets bigger. It can be unreliable sometimes and not very secure. It is all accepted. However, we are not always after a complete set of the database systems and it can serve us as a mini-warehouse for our little data.

crm-excel-template

For example, if you keep records of your invoice data and want to make some sales analysis, it can be a good starting point. If later, you want to see more details, want to record more breakdowns you will need to move to a “real database”. It can be Access, SQL or anything. Just keep an eye on your Excel file because it has a maximum of 1 million rows.

Some of you may say “hey, it is more than enough, isn’t it?”

Generally yes. But you cannot believe how data increase in size when you want to see details. I remember when I was working as an analyst in a game development company, we were holding records of 1+ billion rows of data.

Precisely because of that, we have built some of our Excel templates (which is the favorite feature of all the users) with a database section. You may check our Invoice Generators and see how invoice recording would be super easy in Excel!

price-quote-generator-in-excel

Someka Invoice Generators in Excel

Conclusion

As the internet gets more available for everybody people started to use collaboration platforms more than before. In this aspect, online spreadsheet applications, like Google Sheets, increase in popularity and stands as a competitor to Microsoft’s Excel. Other free alternatives like open office or libre office are also popular.  But if you need the advanced functionalities of Excel there is still no substitute.

Business-Analysis-Excel-Bundle-Banner

Microsoft is improving the software actively. PowerPivot, Power BI, and Excel Online are all brand new features they developed recently. We will wait and see how things evolve in the following years. (investintech.com has made interviews with Excel experts about the future of Excel)

I tried to cover most of the things that can be done with Excel. If I have missed anything or if you find any errors, let me know by commenting down or sending an email.

Also, don’t forget to check our Excel Templates Collection. You may find something useful for yourself:

Excel Templates and Spreadsheets – Someka

Well, you must be wondering what are the uses of excel and how Microsoft Excel can help you in your daily life. MS Excel is extensively used nowadays by almost everyone because it is very helpful and saves a lot of time. It is being utilized for the past several years, and it gets updated every year with advanced features.

The most compelling thing about MS Excel is that it can be utilized everywhere. For example, it is used for data management, billing, analysis, finance, inventory, complex calculations, business tasks, etc. This software is perfect for Android, Windows, Mac OS, and cloud computing users.

Below we have given some of the uses of MS excel that will help you learn how MS Excel can help you. Before we move on to the uses of Excel let us know what exactly MS excel is.

So, it is a software program in which there are spreadsheets to organize numbers. And data formulas or any type of function, which means you can organize any kind of data with the help of spreadsheets in Microsoft Excel. Of course, the data which are disorganized will be of no use that is why MS excel was created. However, now you must be thinking why we have called it Microsoft Excel. Well, the reason is that Microsoft created it.

Microsoft Excel organizes data in rows and columns, and these rows and columns intersect at a pace called a cell. And using these, you can organize any kind of data. Whether it is of personal use or it may be for any type of business use. Also, you can use this jpg to excel converter that uses OCR feature to convert image to excel spreadsheet for free while keeping the quality high. 

Features of Microsoft Excel

Features of excel are the reason that made Excel the most widely used application. Excel is a very common application because of its extensive range of features and great tools. Microsoft added several features in each release. Here are the principal features of Microsoft Excel:

  • Add Header and Footer
  • Find and Replace Command
  • Password Protection
  • Data Filtering
  • Data Sorting
  • Built-in formulae
  • Create different charts (Pivot Table Report)
  • Automatically edits the result
  • Formula Auditing

But before that lets know, why do people use Excel?

So, there are many reasons for people to use Microsoft excel. And as you already know the basic reason behind using excel is that you can manage and organize different types of data with the help of Excel.

For example, let’s suppose that someone is using excel for personal use and that can be anything like they can use it for managing their monthly expenses and other things like that. Or for business use, a company can use it for managing its data whether it may be of any type. So, there can be many things that can be done with the help of excel. 

So, you already know what it is used for and why people use excel. Now it’s time for you to know about,

How can excel be formatted?

As we have discussed in Excel we have rows, columns, and cells, and these rules are columns. And cells can be modified in many ways to make data look efficient or to organize in the best way possible. We can modify the background color number or date format size text font layout ETC of these rows columns and cells.

Or we can also do mathematical problems, we can solve them by applying mathematical formulas. And many things are there in excel to make our work easier and to make it efficient. So that we can use our data wherever we want.

So, this was all about Excel why do people use it, and how it can be formatted.

Now it’s time for you to learn about what excel is used for. So, as we have discussed above, there are so many things in which we can use excel. And as we know by now it’s basic and the main feature or use is to manage and organize data in the best way possible. Whether it may be of personal or business use. 

Top Uses of Microsoft Excel

So, as we have discussed above, there are so many places for what excel is used for. But below we have discussed some of the important areas where this software is implemented:

  1. Calculating 
  2. Accounting 
  3. Charting 
  4. Calendars and Schedules
  5. Seating Charts
  6. Goal Planning WorkSheets 
  7. Task List 
  8. Project management 

So, these are some of the areas for what excel is used for. You should know that there are many things which you can do with excel. But it is not possible for us to specify everything here in this blog. So these are some of the few things which you can get done with the uses of Excel. 

1)Calculating

So the best uses of Excel is that you can calculate anything. Or you can use any formulae you want to get your calculations done. You can apply those formulae or calculations you want on any row or columns or any cell on the spreadsheet. 

It is the best thing about excel. You can always build yourself a customized calculator in excel by programming your commonly used mathematical formulas. So that whenever you need, all you need to do is to put in those values on which you want to get your calculations. And you will get the answers. So overall you can get your calculations done within your spreadsheet and that is one of the best uses of MS Excel.

2)Accounting 

You can always do your accounting with the help of MS Excel. You can make your budget, plan your expense, track, or make your financial reports, but you need to put in the data. Microsoft has designed MS Excel to meet financial and accounting requirements. This includes loan calculators, budgeting, expenses tracking, and financial reports.

Accounting relates to the method of recording large financial transactions for a business. The availability of many Calculating tools for calculation makes it a valuable tool for accounting purposes in the office. It also has templates which makes the accounting methods much easier.

3)Charting 

What you can do is that you can always make charts with the use of MS Excel. You can manage your data like your expenses and financial reports and with the help of those you can make charts.

Is by making charts you can visually understand what is going on with your expenses. Or financial reports so these charts like pie charts, scatter charts, bar charts, area charts, etc. Will help you find a way to represent your data in the best way possible.

Or you can also be able to get a better idea of what is going on with your things which means you can get a greater visual approach in a very digestible way. So you can help you in making a different type of chart from your data this is a great thing and is the great use of MS Excel.

4)Calendars and Schedules

The best thing that we like about Excel is that we can make Calendars with the uses of MS Excel. Likewise, put those values or dates we can say in those rows and columns of excel and we can further use it as a calendar. 

Or you can make different calendars as per your need like when you need to make out of the content calendar for your blog. Or website then you can make that customized calendar as per your need. Whenever you need to plan lessons for your classroom you can do that as well with the help of their personalized.

However, customized calendar Excel can be surprisingly robust you can make any kind of customized things with the uses of MS Excel like this calendar. As we’re talking about so this calendar making or shift schedule making with the help of Excel is one of the best uses of Excel.

5)Seating charts 

By now you already know many of the best uses of MS Excel but here is one more greatest use of MS Excel.

That is the seating chart, so what you can do with the uses of Excel is that you can make seating charts with the help of it. Like when there is a large corporate luncheon or wedding or if there is a meeting with you you have to manage.

And you have to make a seating plan for your guest then you can do it with the uses of Excel. Excel can make it a total breeze. So whenever you need to make a seating chart for yourself or any meeting you must be conducting or any other thing then you should make it with the use of MS Excel

6)Goal planning worksheet

So you must have some goals in your mind that you want to accomplish in your life or there may be any short-term goals for you.

In order to make it possible that you can do it, you can make a goal planning worksheet with the uses of Excel. You can make a daily planner for yourself with the use of Microsoft Excel. In which what you can do is you can make a task list for an easy day in a week.

By making this you will surely achieve your goal and this can be made with the uses of Excel. you can also create various types of worksheets logs planning documents that might help you with tracking down your progress with something.

So yeah you can make a goal planning worksheet with the help of it. And you will surely achieve your goal.

7)Task list

Not as we have already talked about goal planning with the uses of Excel. Now it’s time for you to learn about making a task placed with the uses of Excel. So you can make a different task list for yourself with the use of Excel.

It’s time for you to say goodbye to your standard pen and paper to make a to-do list. You should always make a to-do list or a task list with the uses of Microsoft Excel. You can make a far good just left with the uses of Excel.

Like you can check out your progress and note down in your sheet in terms of percentage. Or in terms of bar or in terms of anything. You can make a greater task list with the uses of Excel rather than making it by standard pen or paper. So it is also one of the best uses of MS Excel. You should take good advantage of it.

8)Project management 

So as you have already read about different uses of Microsoft Excel now it’s time for you to learn about project management charts so you can get them with the uses of MS Excel.

Yeah, we have already read about breaking things down with the uses of Excel. But in project management you will need is that you will have to to make make use of all the things you have learned in this blog. And make a project management charge for yourself and you can also make use of different things in this project management.

Like you can track down your team’s progress are you can always keep the things organized so that you won’t forget anything. Whenever you are working on a project you can make use of checklists to get your things done and you can check.

But you have already done you can make use of pie charts to track down the percentage of work you have done. You can get your different stuff done with it you can make seating charts with the uses of Excel to help you in your project management. So overall you can do a lot of things with the help of excel. And make your project work go crazy with the uses of Microsoft excel.

Conclusion

So, these were some of the uses of Excel.

The more a person learns about Excel’s various features, the more they can develop better ways to use Microsoft Excel in their everyday lives. It is preferable to devote more resources to studying and practicing Excel rather than performing stuff in inefficient and ineffective ways. Aside from the importance mentioned above, a variety of other uses of Excel are created based on the user’s needs.

If you need Excel Assignment Help, you can ask our experts at any time.

Frequently Asked Questions

How is Excel useful in our life?

Uses of  Excel in daily life perform the analysis, calculation, and data and information visualization. In the excel spreadsheet, users can perform all types of analytical, financial, data manipulation, logical calculation,  data analysis, and visualization of information quickly using formula and function.

Why is Excel so popular?

The main reason why excel is so popular among researchers is that charts are more straightforward to maintain and control in Excel. Accounting and Finance are the business sectors where Excel spreadsheets are the most used tools to get budgetary reports or estimates.

Is Excel hard to learn?

Excel is a complex software with so many functionalities under its surface, and it can seem not easy to learn. However, Excel is not as complicated to learn as several people think. With the right practice and training, you can develop your Excel abilities and open yourself up to wider job opportunities.

List of Top 12 Important Uses of Microsoft Excel

There are plenty of uses of excel, and the list goes on, but here we have listed some of the important uses of Microsoft excel to start the things for a beginner.

  1. Get Quick Totals
  2. Data Analysis and Interpretation
  3. Plenty of Formulas to Work with Data
  4. Data Organising and Restructuring
  5. Data Filtering
  6. Goal Seek AnalysisThe Goal Seek in excel is a “what-if-analysis” tool that calculates the value of the input cell (variable) with respect to the desired outcome. In other words, the tool helps answer the question, “what should be the value of the input in order to attain the given output?”
    read more
  7. Flexible and User-Friendly
  8. Online Access
  9. Building Dashboards
  10. Interactive ChartsCharts visuals are better in data depiction, but interactivity gets it better. Interactivity is when the user sees specific values in the excel chart in a more effective, efficient and crystal clear way.read more and Graphs
  11. Dynamic Formulas
  12. Automation Through Excel

Uses-of-MS-Excel

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Now let us discuss each of them in detail along with an Example  –

#1 – Get Quick Totals

Getting total or subtotalThe SUBTOTAL excel function performs different arithmetic operations like average, product, sum, standard deviation, variance etc., on a defined range.read more is common, so Excel provides a quick sum of numbers with its AutoSum option. For example, look at the below data in Excel.

Uses of Excel Example 1

We have monthly numbers above, so to get the quick total in cell B7, press the Auto Sum shortcutThe Excel SUM Shortcut is a function that is used to add up multiple values by simultaneously pressing the “Alt” and “=” buttons in the desired cell. However, the data must be present in a continuous range for this function to function.read more key ALT + = sign.

 Example 1.1

As you can see, it has inserted the SUM function in excel.  Press the “Enter” key to get the result.

Uses of Excel Example 1.2

We have a quick total of the numbers above.

#2 – Data Analysis & Interpretation

The spreadsheet contains data, so telling the story behind the data is what the decision-makers need to make vital decisions in the business world. So, when the data is available with Excel, we can use MS Excel features like pivot tableA Pivot Table is an Excel tool that allows you to extract data in a preferred format (dashboard/reports) from large data sets contained within a worksheet. It can summarize, sort, group, and reorganize data, as well as execute other complex calculations on it.read more and formulas to analyze the data and interpret the numbers quickly and efficiently.

Example 1.4

#3 – Plenty of Formulas to Work with Data

MS Excel comes with plenty of built-in functions to work with data. There are 450+ functions in excel,Excel functions help the users to save time and maintain extensive worksheets. There are 100+ excel functions categorized as financial, logical, text, date and time, Lookup & Reference, Math, Statistical and Information functions.read more, so these functions are categorized as “Financial,” “Logical,” “Text,” “Date & Time,” “Lookup & Reference,” “Math & Trig,” “Statistical,” “Engineering,” “Cube,” “Information,” and “Web.”

Uses of Excel Example 1.9

#4 – Data Organizing & Restructuring

You cannot get the data ready to use, so we can organize the data using Excel tools. We can reorganize the data according to the users’ needs.

#5 – Data Filtering

Using the option of “Filter” in Excel, we can filter the particular data from the number of rows of data. For example, we can apply a single-column filter and the filter to multiple columns to match multiple criteriaCriteria based calculations in excel are performed by logical functions. To match single criteria, we can use IF logical condition, having to perform multiple tests, we can use nested IF conditions. But for matching multiple criteria to arrive at a single result is a complex criterion-based calculation.read more to filter the data.

Example 1.6

#6 – Goal Seek Analysis

When the target is set, and at a certain project stage, we may need to review that target achievement. So, using Excel, we can track all those things and identify what needs to be done in the remaining steps to achieve the desired goals.

Uses of Excel Example 1.7

#7 – Flexible and User-Friendly

When you compare MS Excel with other spreadsheets, you will find MS Excel as relatively friendly and flexible enough to fit the needs of the users. First, however, one needs the proper training to start things in Excel.

#8 – Online Access

Not all the time, we get the done offline, so some of the data needs to be fetched from online websites. We can import data from “MS Access File,” “Text File,” “From Web,” “From SQL Servers,” “From XML Data Import,” etc. So, getting the data to Excel is not a constraint.

 Example 1.8

#9 – Building Dashboards

When the story behind the data is read to tell, end users may want to see those summary results in a single page view. So using MS Excel, we can build dashboards that can tell the stories in a single page view. So, not only can we build a dashboard, but it also makes the dashboard interactive.

Uses of Excel Example 1.10

#10 – Interactive ChartsCharts visuals are better in data depiction, but interactivity gets it better. Interactivity is when the user sees specific values in the excel chart in a more effective, efficient and crystal clear way.read more and Graphs

When the Excel formulas are applied, we can make them dynamic so that when the data range gets an addition or deletion, our formula shows the updated results instantly.

Uses of Excel Example 1.11

#11 – Dynamic Formulas

When the excel formulasThe term «basic excel formula» refers to the general functions used in Microsoft Excel to do simple calculations such as addition, average, and comparison. SUM, COUNT, COUNTA, COUNTBLANK, AVERAGE, MIN Excel, MAX Excel, LEN Excel, TRIM Excel, IF Excel are the top ten excel formulas and functions.read more are applied, we can make them dynamic so that when the data range gets an addition or deletion, our formula shows the updated results instantly.

Example 1.13

#12 – Automation Through Excel

At last, when you move to the advanced level of MS Excel, you may get bored with daily work in Excel. In that case, we can automate the reports in Excel by using the VBA codingVBA code refers to a set of instructions written by the user in the Visual Basic Applications programming language on a Visual Basic Editor (VBE) to perform a specific task.read more language.

Uses of Excel Example 1.12

Recommended Articles

This article is a guide to the Uses of Excel. Here, we discuss the top 12 important uses of Microsoft Excel, including getting quick totals, data analysis and interpretation, plenty of formulas to work with data, data filtering, etc., and examples and downloadable Excel templates. You may learn more about Excel from the following articles: –

  • Divide Cell in Excel
  • Excel Count Colored Cells
  • Excel Negative Numbers
  • Scroll Bars in Excel

Are you searching for uses of microsoft excel? If yes, your search will end here, and you will get some useful information. 

Well, Microsoft Excel is an important application of microsoft office launched by microsoft corporation in 1935.

Microsoft Excel is an electronic spreadsheet component of microsoft office that is used for creating electronic worksheets.

Data can be entered in text or number values, and the formulas can be created to perform quick calculations on the number values. 

Before knowing the uses of Excel, you should know what microsoft excel is.

Apart from this, we will cover various other essential topics such as 

  • Steps to open microsoft excel
  • Uses of microsoft excel.
  • How to use microsoft excel

If you are curious to know the uses of microsoft excel. Keep an eye on this blog.

What Is Microsoft Excel?

Microsoft Excel is an application where a person or business entity can record data in tables, charts, graphs, etcetera forms. 

Moreover, In microsoft excel, it is very convenient to store big databases and analyze them in a few minutes. 

Image of Microsoft Excel:

Steps To Open Microsoft Excel 

First Option(window 11): 
 1. Click on the start button.
 2. Choose the Microsoft Excel option under the productivity section. 
Second Option:
 1. Click on the start button. 
2. Type Microsoft excel in the search option.

 

Uses Of Microsoft Excel In Day-To-Day Life

Microsoft Excel is one of the most popular spreadsheet applications for storing and processing users’ data in tabular format. We can use large-sized worksheets for storing huge amounts of data on a single worksheet. 

With the help of formulas and built-in functions, we can perform quick calculations.

There are numerous uses of Microsoft Excel, but here I will discuss a few important uses: 

1. Uses Of Microsoft Excel in Business

 Nowadays, everyone wants to become an entrepreneur and start a business unit. So to record the information about inventory, investments, salaries of employees, the performance of employees, growth of the company, and many more things. Excel plays an indispensable role in business. 

2. Uses Of Microsoft Excel In Education

 There are numerous uses of Microsoft when you are a student. A student learns to excel more when they perform on their own rather than reading the theory portion. Moreover, students can make their schedules in excel. There are templates available, you can use them to make timetables for their study. 

Besides, many formulas are available in excel, and with the help of these, students can do big calculations quickly. 

3. Uses of Excel for Social Events/Parties/ Wedding 

Microsoft Excel is used in planning and assigning work for events/parties/ weddings. You can provide tasks to people and record their performance in excel. Moreover, due to organized information, you can do things properly. Hence your productivity will increase.

4. Uses Of Microsoft Excel In Career/Jobs

If a person is an expert in using Microsoft Excel, this skill will open the doors to many job opportunities, such as data entry operator, MIS executive, and many more. You can do freelancing also.

Moreover, important tasks like learning, time management, work, and life management, and goal-oriented habits can be practiced well on MS excel. You can maintain your data on your own.

5. Use of Excel for Monthly Records 

With the help of excel, you can record your monthly expenses. Based on the monthly expense data entered into the Excel sheet, the user can make a detailed monthly expenses report that shows the top spending areas and lets them study the spending pattern and how much they need to save to reach their goal.

6.Uses of Microsoft excel in storing data 

Excel is a good tool for both entering and storing data. In fact, your device’s computing ability and memory are the only things that can limit how big an Excel file can be. There can be no more than 1,048,576 vertical lines and 16,384 columns in a worksheet. So it’s clear that microsoft excel can hold a lot of information.

Features of Microsoft Excel like Data Structure make it easy to enter and view data, and users can make their own forms for entering data that fit their business needs. This can be utilized to make and keep up-to-date lists of customers to send mail to or employees’ work shifts.

7. Uses of Microsoft Excel In Analysis of Data

With the help of excel, we can manage data in an organized way. You can store various information in it. You can use this data in decision-making. One of the effective methods to do this is with Pivot Tables. Learning to use Pivot Tables is quick. They let viewers pull together and concentrate on specific sections of a large dataset, making short screenshots that can be used as an interactive report form.

8. Uses of Microsoft Excel in Management

A manager’s job is to come up with and explain business processes. This makes a process run more smoothly and is an effective way to keep record of steps and possible results. Excel must-have tools that can let people make flow charts with text, pictures, and animations.

9. Uses of Microsoft Excel in Reporting

Both organic data sets as well as Pivot tables can be used to make charts and graphs. Which can be used for audit reports, presentations, or to support someone evaluating their data. As they can give a different view of trends and performance. They Can use data maintained data according to their need. 

For example, the marketing department uses charts and graphs to predict sales.

10. Uses of Microsoft Excel in Forecasting

Reporting as well as interpreting results is an essential component of any business, but it’s also essential to plan and be ready for various situations and changes.

With the help of third-party software, Excel can be used to simulate cash flow based on data from the past. Excel can also make a formula from the information in a chart that can be utilized to predict what the results will be in the long term.

Know How To Use Microsoft Excel Efficiently?

File

In this section of Microsoft excel,

  • You can open a new excel(Ctrl+O)
  • You can import a file from the drive.
  • You can share or publish your excel file with others by clicking on the share option.
  • You can download your excel file.

Edit

In this edit feature,

  • You can undo, redo, cut, copy, and paste the information by clicking on the given option or pressing Ctrl+Z for undo, Ctrl+Y for a redo, Ctrl+X for cut, Ctrl+C for copy, Ctrl+V for paste.
  • Furthermore, there is a special paste option available for paste value only, format only, formula only, conditional formatting, data validation, etcetera.
  • In addition, there is an option available to find and replace data. You can also open this by Ctrl+H.

Insert

In the insert option,

  • You can insert cells, rows, columns, and sheets.
  • You can store your data in charts, pivot tables, images, and drawing forms according to your requirements. These options are available in the insert option.
  • You can use various functions in excel to maintain records, such as SUM, AVERAGE, COUNT, MAX, MIN, etcetera, which are mentioned in the image.
  • You can insert a link by clicking on the link option or pressing Ctrl+K.
  • You can add checkboxes, drop-downs, comments, and notes in your excel file.

Format

In the format option,

  • You can change the theme.
  • You can format numbers in percent, scientific, accounting, financial, etcetera forms.
  • You can change the text in bold, italic, underline, and strikethrough form.
  • You can change the alignment in the top, middle, bottom, left, right, or center. 
  • You can wrap the text in an overflow wrap clip.
  • You can rotate the text.
  • You can change the font size. 
  • You can merge two or more cells by clicking on merge all, vertically or horizontally. You can also unmerge.
  • You can do conditional formatting or colors.

Data

In the data option,

  • You can sort the sheet or range.
  • You can create a filter.
  • You can add a slicer. Slicer means to refine large data and make it easy to understand.
  • You can protect sheets or ranges.
  • You can named ranges.
  • You can named functions. Named functions allow you to create custom functions using built-in sheets formulas that can be reused across sheets.
  • You can do data validation. Data validation means the restriction of data in certain cells. You can enter only relevant data.
  • You can clean up data, remove duplicates and trim data.
  • You can split the text into columns.

You May Also Like :

How to Become a Certified Microsoft Excel Professional

Tools

In this tools option, 

  • You can create forms and maintain the records of forms in Excel.
  • You can check the spelling. 
  • You can enable the formula suggestions and corrections. 
  • You can edit notifications and comment. 
  • You can do accessibility settings. 

Extensions

In the option of this extension,

  • You can add-ons and macros(record, import, and manage macros)

Help

In this help option, 

  • You can take help and training.
  • You can read updates, privacy policies, terms of service, and keyboard shortcuts.
  • You can report abuse.

Shortcut Keys For Excel

Closing a workbook. Ctrl+W
Open a workbook. Ctrl+O
Go to the tab for “Home.” Alt+H
Save an Excel workbook. Ctrl+S
Copy the selection. Ctrl+C
Go to the tab for Formula Alt+M
Hide the highlighted rows Ctrl+9
Delete column Alt+H, D, C
Add borders Alt+H, B

There are more shortcut keys for optimizing Excel’s efficiency.

Conclusion 

In this blog, we discussed the uses of microsoft excel. These uses will help you in the future when you implement them in real life. Excel will enhance your efficiency and open the doors to many job opportunities. Please mention other uses of microsoft excel in the comment section.

Frequently Asked Questions

Q 1 . How long does it take to get a certificate in Microsoft Excel?

A person gets microsoft excel certification in 150 hours of training plus practical experience. They have also shown that they are an expert in their field and are ready to get a job.

Q 2. How do I get the Mac version of Excel for Students?

  • Sign in to your student email account on the device you want to install Microsoft Office.
  • Go to the Office 365 home page and click “Office 365 Apps” under “Install Office.”
  • It will open a new window to choose and install the operating system you need for your device(s).

Q 3. How can I get Microsoft Excel to work for free?

You can use the free online version of Microsoft Office to use Microsoft Excel for free. The trial version of Microsoft 365 only lets you use the desktop app for 30 days. If you want to keep using all of Microsoft Excel’s features after the trial period is over, you will need to activate it.

What are the uses of MS Excel in daily life? And also in businesses too. Well, there are a lot. Nowadays, people are in a hurry. They need to perform various operations in their daily life. But to perform these operations, they need to do some calculations. So how can they perform calculations easily? The most effective answer to this question is the use of excel.

Excel helps individuals and businesses to perform difficult calculations in no time. MS Excel is the most famous spreadsheet software in the world. In this blog, we will discuss various uses of excel in our life. But before we get started with the uses of Excel, let’s have a look at what MS Excel is.

However, if you are looking for Excel assignment help, then don’t worry. At statanalytica.com, we provide the best Excel assignment help at an affordable price. So, don’t waste your time get the help now!

MS Excel

MS Excel is one of the major parts of the MS office suite.

It is one of the most powerful spreadsheet software in the world.

The spreadsheet contains a table with various numbers of rows and columns.

These rows and columns are used to put the values.

You can easily manipulate these values using some complex arithmetic operations with the help of excel formulas.

Apart from that, MS Excel also offers programming support, which makes it better than other spreadsheet software.

You can do the programming with excel via Microsoft Visual Basic for Applications. On the other hand, there are many excel project ideas that you can use to improve your skills.

It also has the ability to get data from external sources via Microsoft’s Dynamic Data Exchange.

Apart from that, it also offers extensive graphic support to the users.

The most common uses of MS excel are performing basic calculations, creating pivot tables, and creating macros.

What Are the Uses of Microsoft Excel in Companies

Importance Of MS Excel In Our Daily Life And Business Life

Following are some importance of Excel that are related to our daily life and business lives.

1. Easy Computation Solutions

MS Excel has the ability to do several numbers of arithmetic calculations. With the help of different formulas, it can add, multiply, subtract, and divide lots of numbers simultaneously. Moreover, it can easily be re-do if the value is changed or added. 

2. Options Of Formatting

Excel has various formatting options, like highlighting, italics, colors, etc., that enable businesses to show and bring out the essential data differently.

3. Availability Of Online Access

MS Excel is part of the Office 365 productivity Suite. It means businesses’ employers and employees can easily access their files over the cloud network. 

4. Analysis Charts

MS Excel enables its users to create analysis charts easily. You can create Pie charts or Clustered Columns by filtering and correctly inputting data in just a few clicks. Even Excel allows you to customize the colors and boundaries of the diagrams.

5. All Data At One Place

Excel contains over 10 lakh rows and 16 thousand columns in the spreadsheet. You can also import data, add pictures and other objects through the insert tab. Excel enables you to put all the data you collected from different files in one place easily.

Now let’s move on to the uses of Excel in our daily life. Here we go:-

USES OF EXCEL: 8 Important Uses Of Microsoft Excel

1. Education

There are various uses of MS Excel in education. Even Excel is making teaching a lot easier for teachers.

The teachers use tables, shapes, charts, and other tools in excel to present the topics to the students.

Moreover, the teachers are also using formulas to teach the students about mathematical computations.

In education, the data visualization of MS excel is the key to the teachers.

Now the students can easily understand the topic because of the visualization, especially when the teachers are going to represent the stats, then they use bars and charts. 

Apart from that, the use of MS Excel in schools and colleges to create timetables.

There are various pre-built templates in MS excel.

You can use these templates to create the timetable.

Besides, excel also offers formulas that are useful for multiple education purposes.

It is one of the best uses of Excel.

You can use these templates to create the timetable.

Besides, excel also offers formulas that are useful for multiple education purposes.

2. Business

Excel plays a crucial role in business. Even every business owner is using excel.

The use of excel in business varies from organization to organization.

The business can use MS Excel to perform goal setting, budgeting process, and planning, etc.

Now the business can easily manage their daily operations because of excel.

Apart from that, they are also able to predict their performance.

The excel financial formulas are doing a tremendous job for the business. 

MS Excel is offering the IF formula, which is quite helpful in creating hundreds of logic in the business calculations.

MS Excel is quite handy for business operations.

All you need to do is visit the template menu to take full advantage of it.

The best part of the pre-built template is, you need not create anything from scratch.

3. Goal Setting and Planning

We all have daily goals or weekly goals.

Therefore to manage our daily tasks for the goals. We can use MS excel.

In MS Excel, all we need to do is accomplish the daily task along with the remark column.

Whenever we complete our daily tasks, we write on the remark columns that we are done with the task.

It is also helpful for planning purposes.

With the help of excel, we can calculate everything in advance as part of our planning.

4. Business Owners

The previous point highlighted the use of MS Excel for business.

But at this point, we will share with you the uses of MS Excel for business owners.

We know that business owners also need to perform various tasks from their end.

Some of these tasks are work progress, team management, and payouts details, etc.

One of the significant tasks for the business owner is to track the marketing campaign progress. However, if you have any pending marketing homework help then you can get our marketing help at a very affordable price.

Excel makes it simple and easy for business owners.

All they need to do is select the prebuilt template to start creating the sheet.

5. Housewives

It helps housewives to manage their daily expenses as well as grocery.

With the use of excel, they can create the report for weekly and monthly expenses.

It also helps them to track their expenses.

Most housewives are also helping their children to learn the basic skills of MS Excel.

In this way, the statistics students also get ready from the beginning of the academics.

Apart from that, Excel knowledge also emerges from housewives to earn a possessive income.

There are lots of part-time jobs available for housewives. 

It is one of the best uses of Excel.

Also, Read

  • Excel vs Quickbooks; Best Points You Need To Know
  • How to Find Z Score in Excel | Best Ways to Find it Like A Pro
  • A Guide On Frequency Distribution Excel For Beginners

6. Data Analysis And Data Science

Data analysis is one of the most emerging fields in the business perspective.

The business needs to perform various operations on the data.

The reason is companies are not using a single source.

They use multiple sources such as their blog, eCommerce sites, social media, offline data, and more.

All these jobs need time and energy. Sometimes it becomes overwhelming for the business to manage the data. In this case, excel plays a crucial role in the business.

Excel offers the filter function, which is quite handy for the data analyst to understand the data. Nowadays, excel is also used in the field of data science.

There are lots of functions that are helping in Big Data technologies.

The programming features of Excel with VBA make it one of the best options for data science technologies.

There are lots of operations that can be performed with the use of excel.

7. Daily Progress Report

Excel is also helpful in creating a daily progress report. Most of the companies track their daily progress with the help of excel.

Especially in project-based companies where the clients need a weekly report from the company.

For this, the company uses the daily progress report to showcase the daily work progress to the client.

Excel offers the table with the date and time.

You can also add the manual columns such as client, tasks, duration, and status as per the business requirements.

Apart from the companies, the daily progress report is also helpful in academics.

The teachers and the students can track their daily progress with the help of excel.

It is one of the best uses of Excel.

8. Career Development

When we talk about career development.

MS Excel is also playing a crucial role in this sector. Excel teaches you the most prominent skills of management.

With the help of excel, we try to calculate everything in advance.

Because in our life, we need to perform various calculations to run our daily life.

If you get good command over MS Excel, you are also eligible to get the best job in data analytics or data science.

Excel helps you in career management, time management, learning management, life management, and so on.If you are a student, then you can manage all your expenses with the help of excel.

5 Uses Of MS Excel In Businesses

At a very basic level, MS Excel is used for storing, analyzing, sorting, and reporting. However, it is extremely popular in businesses because it is fairly easy to use.

1. Business Analysis

Excel is used to do business analysis. Through this, businesses make decisions with collected data. Generally, companies gather data on a daily basis that is related to product sales, website traffic, insurance claim, etc.

2. People Management

It is one of the top uses of Excel in businesses. MS Excel is a powerful way to collect information about people. Through excel, personal information of employees, customers, supporters, etc., can be stored and recovered efficiently. 

3. Managing Operations

Excel is heavily dependent on the daily operations of numerous businesses. Business activities generally involve complex logistics. Inventory flows require to be managed, so that company’s operations run smoothly. In simple words, keeping track of supplier and client transactions, listing critical dates, and managing times and schedules. It is only possible through MS Excel.

4. Report Of Performance

MS Excel can do monitoring and reporting of performance effectively. A simple way to transform data into a performance report in Excel is to build a pivot table. By creating a pivot table and linking it to data, you can get extra useful information from the dataset. If you need to analyze huge volumes of data then will probably be easier to connect this dataset with a reporting tool.

5. Office Administration

MS Excel stores and enters the administrative data. Then this data is used for accounting and financial reporting and business analysis, and performance reporting. Moreover, Excel supports office administration in daily tasks such as invoicing, paying bills, etc.

Top 5 Cool Things You Can Try Right Now Using Excel

You can’t ignore Excel’s important role in daily work because it deals with big data. However, many useful tips and tricks for beginners and advanced users are still inevitably overlooked. Here are five cool things you can try right now using Excel.

1. Play with numbers

Excel’s main function is to work with numbers. Excel makes sorting, retrieving, and analyzing a huge (or even small!) quantity of data a breeze.

When it comes to using Excel for anything numbers-related, there are a few general categories to keep in mind.

Calculation:

Do you ever find yourself repeating the same calculations? You may create a completely personalized calculator by programming your frequently used formulae in Excel. That way, all you have to do is type in your numbers, and Excel will calculate the result for you—no effort necessary. Isn’t it cool?

Charts:

The number of pie charts, line charts, scatter charts, bar charts, area charts, and column charts is endless. Excel can turn rows and columns of figures into attractive charts. And it is sure to become one of your favorite features if you need to convey data in a more visual and consumable way.

2. Making Plans

Let’s get away from the numbers for a moment —Excel can help you plan and organise a lot of things that don’t require multiple rows of figures.

Worksheet for goal setting:

Excel always helps to have something to keep you focused and on track. And it would either it’s career objectives, fitness goals, or money goals. You may use excel to build a variety of spreadsheets, logs, and planning papers to track your progress and, ideally, cross the finish line.

Schedules and calendars:

Do you need to create a content schedule for your blog or website? Are you looking for lesson plans for your classroom? Do you or your family have a daily schedule? Excel may be surprisingly powerful when it comes to multiple calendars. Try this today to schedule your work.

3. Involving Others

Do you need to get information from others? One method is to use survey tools and forms. But, don’t worry, you can make them all in your own Excel.

Quizzes:

Are you trying to assess someone else’s — or even your own — for the understanding of a topic? You may create a bank of questions and answers in one worksheet and then have Excel quiz you in another.

Forms:

Excel is an excellent tool for designing forms. And it starts from basic to complex. You may even create numerous drop-down menus so that users can choose from a predefined list of options.

4. Getting things done

Do you want to increase your productivity? Excel can easily come to your rescue with various functions that can help you manage your tasks and to-dos with simplicity.

Timesheets:

You already know that keeping track of your time may help you be more productive. There are many attractive applications and tools to help you in meeting these demands. Consider Excel as the actual time-tracking tool. It continues to be a possible alternative to time sheets today.

Checklist:

Similarly, you may make a basic checklist to cross off the items you’ve bought or completed. And it can be related to a shopping list to a list of to-dos for planned marketing tasks.

5. Excel just for fun.

With the help of excel, you can do a variety of other interesting things for fun.

Cloud of words:

Word clouds are not the most scientific way to describe facts. However, they are a fun (not to mention attractive) method to determine which words are used the most. You guessed it—Excel can be used to make one. 

Logbooks from the past:

Whether you want to keep track of the different tasks you have completed, the exercises you have done, or something else completely, Excel is what you have for sorting and logging those things.

3 Powerful Excel Functions That Make Work 

The following are the most useful functions that we can use in our daily life. 

1. The SUM Function

This function is the most used function when it comes to computing data on Excel. This function is used to sum a group of numbers in a specific set of cells. 

It means you do not need to type a long cumbrous formula to calculate the sum of the data. 

The SUM function is performed by typing the formula on the function bar, highlighting the cells you want to add, and pressing “ENTER”.

  • The Syntax formula for SUM function is “=SUM(Cell numbers)”.
  • You can also use the Σ symbol to add the data you need.
  • Moreover, “ALT+” also helps to add the numbers.

2. The TEXT Function

The TEXT function is a useful tool that helps in converting the date or numbers into a text string in a particular format. Keep in mind the text formula only works to convert numeric values to text.

The TEXT function’ formula is =”Text” (Value, format_text).

Value refers to the particular number you want to convert to text.

Format_text refers to the format of the conversion.

3. The AVERAGE Function

The AVERAGE function is used for getting the average of the data. As the function of SUM, it is commonly used in computing and analyzing the data on the spreadsheet.

The syntax formula for the AVERAGE function is “=AVERAGE(Cell number).

Some Of The Documents That You Can Create in Excel

Microsoft Excel is a versatile software that allows users to create various documents. Here is the list of some of the documents that you can create in excel, which are as follows:

1. Spreadsheets

Excel is primarily used for creating spreadsheets, which are documents that organize and analyze data in rows and columns. Spreadsheets can be used for budgeting, financial analysis, inventory management, and more.

2. Charts and graphs 

Excel allows users to create charts and graphs to visualize data, such as bar charts, line charts, pie charts, and scatter plots.

3. Calendars

Excel can create calendars for scheduling appointments, meetings, or events.

4. Invoices

Excel can create invoices with item descriptions, prices, taxes, and totals.

5. Budgets

Excel is useful for creating personal or business budgets, where users can track their expenses and income.

6. Forms

Excel can be used to create forms for data collection, such as surveys or questionnaires.

7. Project plans

Excel can create project plans, including timelines, budgets, and resource allocation.

8. Gantt charts

Excel allows users to create Gantt charts and visual representations of project schedules that help track progress and identify potential issues.

9. Data entry forms

Excel can create forms that make it easier to input and organize data.

10. Contact lists

Excel can create lists that include names, addresses, phone numbers, and other relevant information.

Well, these are some of the documents you can try and make in excel.

Conclusion

The more you learn, the more you can earn with excel. The same philosophy applies to MS excel.

If you develop your excel skills to the peak level, you are eligible to get reputed jobs in analytics.

As we have seen, there are lots of uses for excel. But here, we have mentioned a few.

There are many more uses to excel in the world. Excel makes life easier for us.

Now we can perform a complete calculation without having a strong command of math and statistics.

All this becomes possible only because of MS excel. So don’t be the one who is not aware of MS excel.

Start learning excel today from the experts.

Also, get the best excel assignment help from MS excel experts at nominal charges.

FAQs

Q1. What is Excel used for?

Excel is generally used to manage data and perform financial analysis. On the other hand, it is used in every business and company of all sizes. The main uses of Excel include:

1. Customer relationship management (CRM)
2. Time management
3. Task management
4. Data entry
5. Data management
6. Financial modeling
7. Accounting
8. Financial analysis
9. Charting and graphing
10. Programming
11. You can do almost anything that needs to be organized!

Q2. What are the benefits of MS Excel in your life as a student?

The benefits of Excel in student’s lives are as follows:
1. The Best way to store data.
2. Able to perform calculations
3. Every tool for data analysis
4. Print report easily
5. Transform and clear data

Q3. What are the three most common uses for Excel?

The three most common uses for MS Excel are creating budgets, producing graphs and charts, and storing and sorting the data.

Let’s learn about what is excel and top 10 uses of excel in business with the Tech Learn, the most reputed and trustworthy online platform to learn anything and everything.

What is Microsoft Excel?

Microsoft Excel is used for creating grids of numbers, formulas requiring calculations and text. Thus, it is a spreadsheet program which is tremendously useful for every organizations and businesses. It is mainly used for recording the income, expenditures, chart data, plan budgets, and briefly present financial results.

List of Most Popular Uses of Microsoft Excel in Business

  1. Storing and Analyzing data
  2. Make your work easier
  3. Spreadsheets and Data recovery
  4. Mathematical formulas make calculation easy
  5. Security
  6. Add complexity to data presentations
  7. Online access
  8. Manage expenses
  9. Assist in developing future strategy
  10. Keeps data combined at one place

1. Storing and Analyzing data in Excel

With the help of MS Excel, one can easily analyze a very large amount of data for checking the new trends. Charts and graphs help you in summarizing and storing the data in a better way. Look into screen shoot

best uses of ms excel

2. Make your work easier

MS Excel provides outstanding tools which help in saving out time by making our work very easy. There are great tools for filtering, sorting and searching. Combining these wonderful tools with pivot tables, tables etch can make you finish your very faster.

3. Spreadsheets and Data recovery

One of the best uses of excel is that in case If your data get lost for some reasons then you can easily get it back without any issue. Also, there are spreadsheets which makes work easier and steadier.

4. Mathematical formulas make calculation easy

Another outstanding use of excel is that lot of formulas are there for doing different operations like finding average, sum etc. which make you to do big calculations very easily.

5. Security

Security is must as it keeps your personal data. MS Excel keep all your file safe by password-protected with the help of visual basic programming.

6. Add complexity to data presentations

Next use of MS Excel is that it helps you in adding more sophistication to your data presentations which means that you can improve the data bars, you can highlight any specific items that you want to highlight and make your data much more presentable easily.

7. Online access

The best use of excel is that no matter where you are, you have your device or not but you can easily excess it online from anywhere and anytime. Use excel online – https://office.live.com/start/excel.aspx

Learn – Free Online Courses with certificate

8. Manage expenses

You can manage your expenses with the help of Microsoft excel. You can easily make a table of your expenses and with the help of the mathematical formulas provided by MS Excel, you can calculate the total amount easily. watch this video to learnin detail how to manage expenses in excel – https://youtu.be/i9NRF7JcV7k?t=406

9. Assist in developing future strategy

It gives you a facility of making chart and graphs so with the help of making graphs you can set a goal for yourself and pie charts allow you to check your progress level.

10. Keeps data combined at one place

This is also one of the best uses of excel. You can choose a single location to str your data which allow you to find out your files easily. It saves your time as there’s no need to check the files in different folders. 

This article covers brief description about the uses of excel, what is excel formula and features of excel. The aim of the article is to provide all the necessary knowledge that you must have about Microsoft Excel. For more information about information security, new trends in technology and happenings in the world, keep visiting the Tech Learn.

Frequently asked questions for excel uses

  1. What are the uses of Excel?

    Top 10 uses of excel:
    1. Storing and Analyzing data
    2. Make your work easier
    3. Spreadsheets and Data recovery
    4. Mathematical formulas make calculation easy
    5. Security
    6. Add complexity to data presentations
    7. Online access
    8. Manage expenses
    9. Assist in developing future strategy
    10. Keeps data combined at one place

  2. What are the 3 common uses for Excel?

    In all industries different uses of excel. But if we talk about uses of excel in business these here are 3 common uses:
    1. Manage Data
    2. Manages company expenses
    3. Reporting

  3. What are the benefits of using Excel?

    Top 3 benefit of using excel in business:
    1. You can easily mange all data
    2. Best benefit of excel, you can access online your worksheet
    3. Save time – through Mathematical formulas you can easily calculate.

Excel. Chances are, that word alone inspires visions of lengthy spreadsheets, complicated macros, and the occasional pivot table or bar graph.

It’s true—with more than one billion Microsoft Office users globally, Excel has become the professional standard in offices across the globe for pretty much anything that requires management of large amounts of data.

But, if you think Excel is only good for making you cross-eyed while looking at a bunch of numbers and financial reports, think again. As Tomasz Tunguz points out, there are tons of uses of Excel in business (and beyond) outside of simple spreadsheets. In fact, the potential uses are seemingly endless.

There’s no way for us to compile a list that captures every one of Excel’s possible applications (even if you were up for reading a War and Peace-sized listicle).

However, in an effort to demonstrate the power and flexibility of everybody’s favorite spreadsheet tool, we’ve pulled together different ways that you could use Excel—both professionally, personally, and just for the fun of it.


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All about numbers

Of course, the core purpose of Excel all boils down to numbers. If you need to sort, retrieve, and analyze a large (or even small!) amount of data, Excel makes it a breeze.

Here are a few broad categories to keep in mind when it comes to implementing Excel for anything numbers-related.

1. Calculating

Calculator.gif

Find yourself running the same calculations over and over again? Build yourself a totally customized calculator in Excel by programming your commonly-used formulas. That way, you just need to punch in your digits and Excel will spit the answer out for you—no elbow grease required.

2. Accounting

Budget plans, forecasts, expense tracking, financial reports, loan calculators, and more. Excel was pretty much designed to meet these different accounting needs. And, considering that 89 percent of companies utilize Excel for its various accounting functions, it obviously fits the bill.

Excel even has numerous different spreadsheet templates to make all of those processes that much easier.

Annual financial report

3. Charting

Pie charts, scatter charts, line charts, bar charts, area charts, column charts—the list goes on and on. If you need to find a way to represent data in a more visual and digestible way, Excel’s ability to transform rows and columns of digits into beautiful charts is sure to become one of your favorite things about it.

Want more information about the types of charts you can create in Excel? This article is a helpful resource.

Charts.png


Want to learn more?

Take your Excel skills to the next level with our comprehensive (and free) ebook!


4. Inventory tracking

Tracking inventory can be a headache. Fortunately, Excel can help to keep employees, business owners, or even individuals organized and on top of their inventory—before any major problems crop up.

Inventory.png

Making a plan

Let’s move on from the numbers—there are plenty of things that Excel can help you plan and organize that don’t necessarily involve endless rows of digits.

5. Calendars and schedules

Need to map out a content calendar for your blog or website? Lesson plans for your classroom? A PTO schedule for you and all of your co-workers? A daily schedule for you or your family? When it comes to various calendars, Excel can be surprisingly robust.

DailySchedule.png

6. Seating charts

From a large corporate luncheon to a wedding, arranging a seating chart can be a royal headache. Fortunately, Excel can make it a total breeze. If you’re a real whiz, you’ll be able to automatically create your seating chart using your spreadsheet of RSVPs. Need help getting this done? This article provides a detailed walkthrough of how you can create a seating chart in Excel.

Seating Chart

Image source

7. Goal planning worksheet

From professional goals to fitness goals to financial goals, it helps to have something to keep you focused and on track. Enter the beauty of Excel. Using the tool, you can create various worksheets, logs, and planning documents to help you monitor your progress—and, hopefully, cross the finish line.

GoalSettingWorksheet.jpg

Image source

8. Mock-ups

Excel might not be the first platform you think of when it comes to design. But, believe it or not, you can use the tool to put together various mock-ups and prototypes. In fact, it’s a surprisingly popular choice for creating website wireframes and dashboards.

Getting stuff done

Want to kick your productivity into high gear? Well, Excel can swoop in and save the day with a variety of uses that can help you tackle your tasks and to-dos with ease and organization.

9. Task list

Say goodbye to your standard pen and paper to-do list. With Excel, you can make a far more robust task list—and even track your progress on those larger to-dos that are currently on your plate.

TaskList.png

10. Checklist

Similarly, you can create a simple checklist that allows you to tick off the things you’ve purchased or accomplished—from a grocery list to a roster of to-dos for an upcoming marketing campaign.

Checklist.gif

11. Project management charts

We’ve already touched on the fact that Excel is a total beast when it comes to creating charts. And, this concept holds true when it comes to various charts for project management.

From waterfall charts to manage your team’s progress to kanban style boards (just like Trello!) to keep things organized, there are tons of ways that Excel can help keep your project on track.

kanban-board

Image source

12. Time logs

You know that tracking time can be a huge asset to you and your productivity. While there are plenty of fancy apps and tools to help meet that need, you can think of Excel as the original tool for logging your time. And, it still serves as a suitable option today.

TimeSheet.png

Involving other people

Need to collect information from other people? Survey tools and forms are one option. But, rest assured, you can also create your own in Excel.

13. Forms

From simple to complicated, Excel is a great option for creating forms. You can even program various drop-down menus so that users can select their choice from a pre-set list.

Form.png

Image source: Fontstuff.com

14. Quizzes

Trying to test somebody else’s—or even your own—knowledge of a subject? In Excel, you can create a bank of questions and answers in one worksheet, and then instruct Excel to quiz you in another.

Quiz.jpg

Image source

Staying in touch

Managing relationships is crucial to your success both professionally and personally. Fortunately, Excel makes it easy to keep in touch.

15. CRM

Need a lightweight CRM to stay top of mind for your customers? You can make one in Excel. And, the best part? Building your own means it will be totally customizable. Sales Hacker also put together a nifty set of free sales excel templates you can use to help get started!

CRM.png

Image source

16. Mailing list

Data doesn’t just have to involve numbers. Excel is also great at managing and sorting large amounts of names and addresses—making it the perfect solution for your invite list for that company holiday party or the mailing list for that large promotion or campaign.

MailingList.png

Using Excel, you can also mail merge—which makes it that much easier to print address labels and other necessary materials.

You can also apply a similar concept to create things like directories, RSVP lists, and other rosters that involve a large amount of information about people.

Just for fun

Excel doesn’t need to be all work and no play. There are plenty of other fun things you can create using the spreadsheet tool.

17. Historical logs

Whether you want to keep track of the various craft beers you’ve tasted, the workouts you’ve completed, or something else entirely, you can think of Excel as your go-to resource for keeping those things sorted and logged.

WorkoutLog.png

18. Sudoku puzzles

Love Sudoku puzzles? As it turns out, you can make your own in Excel. Or, if you find yourself stuck on a particularly challenging one, you can enlist the help of Excel to help you get it figured out!

Sudoku.png

Image source

Need help creating the Sudoku solver and generator? This post will get you well on your way!

19. Word cloud

Word clouds might not be the most scientific representations of data. But, they’re a fun (not to mention beautiful way) to gain an understanding of what words are being utilized most. You guessed it—you can create one using Excel. Here’s how to use information from Excel to create a word cloud in Wordle.

WordCloud.png

Image source

20. Art and animations

The capabilities of Excel likely extend far beyond what you’d initially anticipate. In fact, many people have used the tool to create some downright awesome art—from pixelated portraits to animations.

21. Trip planner

Have a vacation coming up? Make sure you have everything covered by creating yourself a helpful itinerary before you pack your bags and head out. Excel even has a handy trip planner template you can use to make sure you don’t miss anything (from your budget to airline information!).

TripPlanner.png

Over to you

This might seem like a lengthy list. But, rest assured, it barely scratches the surface of all of the different things—aside from simple spreadsheets—that Excel is capable of. From lists to charts to design mock-ups, the different uses of Excel are seemingly limitless.

Feeling intimidated? Don’t worry — you can learn Excel online, all at your own pace, and become a spreadsheet ninja in no time.

Do you have something cool you like to create using Excel? Let us know in the comments!

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The use of Microsoft Excel in daily life at home and office is to perform the calculation, analysis, and visualization of data and information.

Microsoft Excel is one of the most important workplace applications that help to organize the business system and processes of data and information by the use of columns and rows with formulas.

Microsoft Excel Application is developed and marketed by Microsoft Inc. for Windows, Mac OS, Cloud computing, and Android users.
In the excel spreadsheet users can do all kinds of mathematical, financial, and logical calculations, data manipulation, data analysis, and visualization of information in quick ways.

Excel is used by students, teachers, job seekers, managers, entrepreneurs, companies, retailers, distributors, freelancers, bloggers, and housewives in their daily life.

Microsoft Excel’s first version was released 31 years ago on September 30, 1985. Today, the latest version you can download is version 16.0 or Excel 2016.

Commonly people download & buy complete MS Office. Because Microsoft Office Suite includes all official applications such as Microsoft Word, PowerPoint, Excel, Publisher, and Outlook in one complete package.

The Excel spreadsheet is a group of 10,48,576 rows and 16384 columns. Excel is in a table format in which one index is called a CELL. In Excel, there are three worksheets by default. A group of worksheets is called the workbook. Workbooks and electronic spreadsheets are now synonyms of Microsoft Excel.

For a higher level of data calculation and manipulation, the use of the function library in Excel is important to utilize. The function library in Excel contains Financial, Logical, and text filtration formulas that are most important to practice for every excel learner.

Excel also provides table styles and conditional formatting options for users. That is very beneficial to the visualization of data in colors, based on a condition in the cells.

Explore: How to learn Microsoft Excel in the best way possible

Microsoft Excel software provides very wide features and functionalities for everyday official work. Let’s understand the various uses of Microsoft Excel features in daily life, based on different types of users around the world.

Top 8 Exceptional uses of Microsoft Excel

1. Uses of Microsoft Excel in Education: –

Teachers can use table styles, shapes, charts, data tools, and formulas to teach students in the classrooms. Students can learn and solve basic and logical-mathematical problems and statistics in excel.

Teachers can educate by creating a table in an Excel sheet. They can highlight more interesting cells in colors, emphasize important values and visualize data using bars and charts.

Below is the basic example 1.0 of data visualization in Microsoft Excel 2010 (Note: data used in this example is not correct it’s just for an educational example.)

Uses of Microsoft excel in education for teachers and students

The above data visualization example is easy to understand and is created by the use of two excel functions conditional formatting and chart. You can see in the first picture that the literacy rate of countries is highlighted in red color by the use of conditional formatting.

Conditional formatting is used to decorate, and design, and visually appealing data by using data bars, color scales, and icons based on figures. Such as you can see that 99% of the literacy rate cell is filled more than others and 45% of cells are filled with less color than others.

In the charts, you can see China’s data bar is bigger than the others. Charts are used to compare values visually written inside the cell. You can access this option in the Insert menu.

Another use of Excel for teachers is to schedule periods.

period scheduler for teacher in excel

You can insert the above period planner by using the template function in Excel.

As a similar example if you Google then you as a teacher or student can understand the various aspects of Microsoft Excel in Education.

If you don’t want Google then visit the Template menu and select the Education category and you will find out some outstanding pre-defined templates with formulas for various educational purposes. You can see a template picture in point 2 in which I am sharing a little more about templates.

The above example can be used in a Business similar, only need to change the values. The options of Microsoft Excel are the same for all users but it depends on us, how we use a particular option.

Must Read: Importance of Microsoft Excel for Students

2. Uses of Microsoft Excel in Business: – 

I don’t think the business owner, either a small or big company can be productive and managed without the use of Microsoft Excel.
Microsoft Excel application can be used in various business operations. Such as goal setting, budgeting process, and planning, team management, account management, income, and expenses calculation, product and service valuation, and management of client data, etc. in business.

The uses of Microsoft Excel in business make such daily official operations faster, more accurate, and more predictable. Because Excel provides great features such as filters, charts, conditional formatting and pivot table, and logical and financial formulas.

Let’s see below the basic account management example 2.0 in Microsoft Excel (Note: This is just for example)

Uses of excel in business example image

In the above example 2.0 you can see the basic income and expenses report month-wise with a quote of the month at the end. In quote column I used this formula: =IF(F6>=400000,”Outstanding”,IF(F6>=300000,”Above Average”, IF(F6>=200000,”Average”,”Below Average”)))

This is just but you can understand that only with the IF formula you can create thousands of types of logic in your business calculation. The above exercise is just created manually not a big deal. But if you want to access the real power of Microsoft Excel in Business operations then visit the template menu.

As you can see in the template picture that there are various high-quality templates that business users can use in their business calculations. Such as VAT Invoices, Marketing Campaign trackers, and break-even analyses are very beneficial.

The benefit of using the template in Excel is that you don’t need to create everything from scratch, you only need to select or search and then download it. After then you can edit the downloaded template according to your choice. This is that simple!

Microsoft excel template for business

Must Read: Importance of Microsoft Excel in Business

3. Uses of Microsoft Excel in Goal Setting and Planning: –

Goal setting and planning is a tasks that we do repeatedly each day. Goal setting and planning are very important for everyone from students to business owners. But goal setting and planning take a white paper, time, and lots of calculation but if you use Excel then it becomes very easy and environmentally friendly.

Example 3.0

planning and goal setting in Microsoft Excel

In this example, you can see that it’s very easy to design the complete financial plan and goals by using formulas, raw, and columns.

Example 3.1

uses of excel in goal setting

You can see in example 3.1 that it’s easy to track goals and plan each day on excels.

4. Uses of Microsoft Excel for Business Owners: –

Online business owners or offline can use Excel to manage their daily life work. Such as work progress, team management, payout details, and business progress. Such as if you want to track your marketing campaign progress then go to the file-new- template and search for a marketing campaign and you will be amazed by seeing pre-designed and formulated cells.

Must Read: – How to make the best use of the internet as a small business owner

5. Uses of Microsoft Excel for Housewives: – 

Housewives can use Excel to manage their daily house expenses. They can create monthly expense reports. They can track their spending habits. Also if housewives learn Excel then it’s also beneficial for them to teach kids basic excel skills too.

It is because many computer teachers are unable (due to various reasons) to teach all excel skills practically to students in schools.

The use of Excel for housewives is also helpful if they are doing business or jobs or looking for part-time work. There are various online and offline jobs and projects that they can do from home by learning and using excel.

Related: –16 ways to utilize your time to become a smart housewife

6. Uses of Microsoft Excel for Data Analysis: –

Data analysis is very important to work today for an online business or website owner (eCommerce, blog, forums, etc.). Such as tracking website visitors, product sales, customer reviews, marketing campaigns, user behavior, and events Such work is very time and brain-consuming especially when things are not going according to plan.

Microsoft Excel application provides great benefits for online business owners and customers. As filtering users’ data by country, filtering users by age, adding conditional formulas in big data, etc. are common daily tasks that can be handled smartly in excel.

7. Uses of Excel in the Daily Progress Report: –

Many online and offline companies and clients make it mandatory for virtual and offline staff to maintain their daily progress reports. It is not only beneficial for employees but also for companies to track daily progress reports.

You can create a table with Date, Time, Client, Task, Duration, and status according to demand from clients or managers.

Also, the daily progress report is very beneficial for students and teachers. But all start with learning and execution. As you know the computer is a magical device that we’re using in daily life. Routinely there are various uses of computers in our life but all depend on how much you’re interested in learning.

Related: – How to teach basic computer skills

8. Uses of Excel in Career Development: –

When you learn to excel, you learn the management of daily life. In daily life, there are various things that need to be calculated. Why? Because we’re doing multiple works in daily routine. Shopping, learning, entertainment, and expenses are all small things that need to manage.

If you’re a student then it is very important for you to learn Microsoft Excel. Microsoft Excel knowledge will help you to get a job. Because as I discussed above there are almost all small and medium businesses use Excel in their daily official works.

If you’re writing about computer skills in the resume then make sure that you know about Excel and Microsoft Office and Internet research and highlight such skills.

Career Development is more about career management. Time management, learning management, work, and life management, and goal-oriented habits are very important. Such things you can learn in excel. When you create your college expenses report then at the end of the month you can analyze where you’re spending more money.

Also if you’re doing learning or doing online courses then you can use Excel to track knowledge. Such as if you learned today about Conditional formatting then create a table with Date, Topic, and Satisfaction levels. This is very beneficial because then you can understand your daily learning outcomes and the effects of knowledge on you.

For example, if you’re learning digital marketing but you’re not tracking and creating notes in one line conclusion then it’s tough to implement that knowledge later. I mean for example today you learned about PPC and CTR and then it’s really important that you can write in your diary or in Excel about it in the conclusion or in summary.

Such kind of learning management is very important. Because it happens to me often when we learn something on the internet or on blogs because of different conclusions and we often forget about the main points.

For example, if I telling you to learn English typing then it’s just a piece of advice or suggestion but if I am telling you that learning English Typing by using basic typing lessons such as ASDF; LKJ etc. then it’s really important for you to note it down and practice.

Related:- Top 11 Most important Computer Skills to learn for career development

How to use and learn Microsoft Excel for personal benefits

The 1st method is that define what you want, before googling. For example, you want to create monthly expenses report in excel then type this same line in Google and you will get tutorials. Follow the steps and you will do it.

2nd method is you can take an online course and that will be more beneficial. Because then you can learn everything stepwise.

3rd method is to take admission in a computer institute and join offline classes of basic computer or Excel basics.

Conclusions: – The more you learn about excel the more you develop the ways to use excel in your daily life. I am still learning, why you don’t learn. It’s better to spend time learning than doing likes on unnecessary things. Understand your duty as a student because learning is more important for you than entertainment in life.

Excel is an electronic spreadsheet program that is used for storing, organizing, and manipulating data.

The information we’ve prepared refers to Microsoft Excel in general and is not limited to any specific version of the program.

What Excel Is Used For

Electronic spreadsheet programs were originally based on paper spreadsheets used for accounting. As such, the basic layout of computerized spreadsheets is the same as the paper ones. Related data is stored in tables — which are a collection of small rectangular boxes or cells organized into rows and columns.

All versions of Excel and other spreadsheet programs can store several spreadsheet pages in a single computer file. The saved computer file is often referred to as a workbook and each page in the workbook is a separate worksheet.

Spreadsheet Cells and Cell References

When you look at the Excel screen — or any other spreadsheet screen — you see a rectangular table or grid of rows and columns.

In newer versions of Excel, each worksheet contains roughly a million rows and more than 16,000 columns, which necessitates an addressing scheme in order to keep track of where data is located.

The horizontal rows are identified by numbers (1, 2, 3) and the vertical columns by letters of the alphabet (A, B, C). For columns beyond 26, columns are identified by two or more letters such as AA, AB, AC or AAA, AAB, etc.

The intersection point between a column and a row is the small rectangular box known as a cell. The cell is the basic unit for storing data in the worksheet, and because each worksheet contains millions of these cells, each one is identified by its cell reference.

A cell reference is a combination of the column letter and the row number such as A3, B6, and AA345. In these cell references, the column letter is always listed first.

Data Types, Formulas, and Functions

The types of data that a cell can hold include:

  • Numbers
  • Text
  • Dates and times
  • Boolean values
  • Formulas

Formulas are used for calculations — usually incorporating data contained in other cells. These cells, however, may be located on different worksheets or in different workbooks.

Creating a formula starts by entering the equal sign in the cell where you want the answer displayed. Formulas can also include cell references to the location of data and one or more spreadsheet functions.

Functions in Excel and other electronic spreadsheets are built-in formulas that are designed to simplify carrying out a wide range of calculations – from common operations such as entering the date or time to more complex ones such as finding specific information located in large tables of data.

Excel and Financial Data

Spreadsheets are often used to store financial data. Formulas and functions that are used on this type of data include:

  • Performing basic mathematical operations such as summing columns or rows of numbers
  • Finding values such as profit or loss
  • Calculating repayment plans for loans or mortgages
  • Finding the average, maximum, minimum and other statistical values in a specified range of data
  • Carrying out What-If analysis on data, where variables are modified one at a time to see how the change affects other data, such as expenses and profits

Excel’s Other Uses

Other common operations that Excel can be used for include:

  • Graphing or charting data to assist users in identifying data trends
  • Formatting data to make important data easy to find and understand
  • Printing data and charts for use in reports
  • Sorting and filtering data to find specific information
  • Linking worksheet data and charts for use in other programs such as Microsoft PowerPoint and Word
  • Importing data from database programs for analysis

Spreadsheets were the original «killer apps» for personal computers because of their ability to compile and make sense of information. Early spreadsheet programs such as VisiCalc and Lotus 1-2-3 were largely responsible for the growth in popularity of computers like the Apple II and the IBM PC as a business tool.

Excel Alternatives

Other current spreadsheet programs that are available for use include:

  • Google Sheets: A free, web-based spreadsheet program
  • Excel Online: A free, scaled-down, web-based version of Excel
  • Open Office Calc: A free, downloadable spreadsheet program.

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