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Thanks for updating the benefits of Microsoft Excel as it will help the business making the most of resources. Example Expense Worksheet created with a Microsoft Excel 2010 template. Benefits Of Using Excel. I am an avid user of excel but refreshing to see an actual article about it. Thank you sir,for this topic I could complete my project.. Thankyou for to share information about excel for me. With the help of MS Excel, trend lines can be extended beyond graph and therefore, it helps … While they may not provide the same functionality as Microsoft Excel, they are suitable for beginner and intermediate users: This article is accurate and true to the best of the author’s knowledge. —Read more for an overview of … 10 Advantages of Microsoft Office 2010. by asep. Answer is numerous. Very nice. Kevin Languedoc from Canada on July 28, 2012: This is a great overview of Excel. Microsoft excel is a powerful tool that is widely used to help people analyze organize data in a systemic manner. :). I've seen the development of spreadsheets from cumbersome tools that were barely used into multimedia suites that integrate multiple sources and streamline time consuming tasks within the busy office. LauraGSpeaks from Raleigh, NC on May 01, 2012: Great informative hub on Excel. And if you are one of those people who we want to learn it and wondering how this can help you in your work, when I have listed the top ten benefits of Microsoft Excel here. so, we can use Apache Open Office. Adored it..... it is nice because excel has done a great job towards the calculation part. I even use the keyboard commands which in fact make using Excel more fast and efficient. Excel Tips. Best way to store data; You can perform calculations; All the tools for data analysis; Easy to data visualizations with charts; You can print reports easily; So many free templates to use; You can code to automate; Transform and clean data; Store data with millions of rows; You can work with Excel online + mobile app January 28, 2011, Harri Daniel, Comments Off on Benefits Of Using Excel. Uses of Microsoft Excel: Helps businessmen in developing future strategy You can represent data in the form of charts and graphs so it can help in identifying different trends. Once you learn the basics of VBA, you can also create a custom function by writing code. Windows provides ready-made solutions that can be implemented by just about anyone who’s ever used a computer, Because of a large amount of Microsoft Windows users, there is a much larger selection of available software programs, utilities, and games for Windows. Microsoft revolutionized the Office Suite and bought it to the masses - as accountants began to see what the spreadsheet could do and how it could take complex tasks and automate the calculations it began to gain traction and the rest is history. In this case, Microsoft excel helps the managers to manage, utilize, calculate and share the analysis of variance spreadsheets through a web browser. 4. Recent upgrades Marissa from United States on May 01, 2012: This is a great explanation of why Excel is truly an awesome program to utilize in the business and personal world. The legacy Equation Editor in Word isn’t supported on 64-bit Office 2016, but the equation builder feature in … If you are one of those people who work with data a lot or you know someone who works, there are a lot of situations where you need to deal with messy data which you need to clean before you use it. Question: What are the advantages of using filters in Microsoft Excel? However, these days, I have switched to Open Office and Libre Office due to the cost of MS Office. There are many ways to learn Microsoft Excel. The process of cleaning and transforming data takes a big chunk of your time and it can be a tedious process. Fraudulent manipulations in company Excel files have already resulted in Billion-Dollar losses. 2. I have used Excel since I was in high school and assumed it was one of a kind. Microsoft Excel is part of the Microsoft Office suite. Excel is also a standalone application, not fully integrated with other business systems; it does not provide sufficient control because sales managers don’t have easy and consistent visibility of the quotes sent by their reps, or the history of those quotes. At the time I was in charge of the day books for a large organization and found that I spent half my time searching for minor calculating errors within each book - this was not only time consuming but also very frustrating. Science online A large portal about science and technology. The whole suite also includes the following products: Microsoft Excel allows you to manipulate, manage and analyze data helping assist in decision making and creating efficiencies that will directly affect your bottom line. Whether you’re using it for business or to help manage personal database and expenses Microsoft Excel gives you the right tools to enable you to accomplish all your needs. With tons of built-in features to make advanced calculations easier, it has set the bar high for many business users for years. Do a one-time import of Excel worksheet data into a SharePoint list, or export Excel worksheet data to a SharePoint list to create a permanent, one-way data connection. Microsoft Excel has advantages for users who regularly work without an Internet connection, but it … The users can also get the update information about their Computer through lifetime and Microsoft had also announced that it will be launching a new browser named Microsoft edge. Compared to any other data entry and analyzing tools, MS Excel offers features like Ribbon interface, a set of commands used to perform certain operations. Please provide more links to quality articles about excel advanced tips and tricks if you could and this would be the perfect article for me. Well, Excel allows you to print with a lot of customization where you can change the margin, paper size, orientation, etc. Great overview of Excel, Simey C! 5. Microsoft Excel has been one of the best platforms for spreadsheet creation and analysis. Benefits of Using Excel. I am not sure people realize Excel has come a long way to becoming more user friendly. It assures the clients or employer of your ability to execute. Some of the things you can do with pivot tables to analyze data: In Excel, you have all those options to create charts and present your data in a visual way. I also liked your overall page layout. Which one is most effective will depend on you and your own personal preferences: You’ve attended every course on ‘How to use Microsoft Excel’ but have come across a problem you have not covered – what should you do? Probabilities are, the utterance of the term alone brings the memory of extensive use of spreadsheets, incomprehensible macros, and not to mention periodic use of its features such as… Don’t forget to download this EXCEL PRODUCTIVITY BUNDLE (E-BOOKS) from here to level up your EXCEL SKILLS this year. But apart from that, you can also create your own formulas by combining two or more functions or just by performing calculations using operators. So that’s why Microsoft came up with Power Pivot where you can store data with millions of rows and then you can perform calculations within Power Pivot. Advantages of Microsoft Excel Certification. Even if you are a person who likes to save trees but there could be a point where you need to print reports to share with others or present it to someone. Now I know better! Well, it's 2010, and many of us who, for example me, have excel 2008 or later and when doing case studies that require the use of excel, the formatting on excel is much different. And if you think that you need something other than the default charts you have the option to create advanced charts using some specific methods. In this post, I will show you 10 benefits of converting your data into Excel tables. It features an intuitive interface and capable calculation and graphing tools. The good news is Excel has some of the most powerful tools to analyze data. Microsoft Excel Tools such as conditional formatting, sorting, filters, use of chart and illustration in data visualization, use of pivot table, logical formulas such as SUMIF, IF, OR, NOT, AND and various other types of text-based options in Excel is really important for students to understand how economics works in our daily life. The table feature of Microsoft Excel allows you to manage and analyze related data easier. There’s a whole bunch of options that you can use for page setup before printing a report. While Microsoft Excel is the most used spreadsheet in the world, there are some decent alternatives that are a lot of cheaper. Advantages of Microsoft Windows. John Fisher from Easton, Pennsylvania on December 15, 2013: I frequently use Microsoft Excel to graph data at my job, but I know the program is capable of a lot more than I would ever use it for. Not only can advanced Excel training and knowledge provide added benefits for your employees, but it can also provide numerous benefits for the company. Easy data entry and operations: One of the main advantages of MS excel is that it facilitates smooth and easy data entry. As someone who uses a Microsoft Excel spreadsheet daily I cannot imagine what life was like back in the 80s when everything was hand-written and hand calculated! ... Windows 10 advantages and disadvantages. So, when you store data in Excel and then share it with others, they can access that it easily. Excel has the ability to organize large amounts of data into orderly spreadsheets and charts quickly, It is easy to enter and format the data, It has the ability to create the graphical or the visual representations of your data and it is easy to integrate Excel with other business applications. The data cannot be carried out like in Access Excel macros as sometimes they may have viruses. If you go to the Insert Tab, in the charts group, you can find all the charts which you can insert. Microsoft Excel is a very versatile tool and can be used for almost anything that you can imagine: This is a small selection of what can be achieved on Microsoft Excel. Not just that, there’s also a button called recommended charts that you can use to let Microsoft Excel recommend you the best possible chart to use for the data you have in your worksheet. Carolee Samuda from Jamaica on May 03, 2012: I love office even though I really don't like MS operating system at all but The entire office suite is awesome. Easy to data visualizations with charts, 10. Within the templates is a section of games - this is an interactive Battleships worksheet. Advantages of Advanced Excel for Employers. Why I’m saying this because Excel is a kind of application that is used by millions of people. SkyDrive provides 25 GB of online storage for free, because these services are integrated with Office Web Apps. this is an awesome MS Excel.That helps the students alot... Prasad Tiruvalluri from Hyderabad, India on January 05, 2015: Great article. Basically, an Excel function is a predefined formula that returns a specific result based on the values you specify. Best uses of Microsoft excel. Several years later Microsoft released their Windows based version of their spreadsheet and caught Lotus by surprise. For this, Microsoft has introduced the power query which is a data transformation and cleaning engine well you can load data from multiple sources, transform it, and then load it back to the worksheet. Question: How many columns and rows does Microsoft Excel have? Of course, you can just refer to these benefits and advantages of Microsoft Excel. A license for Microsoft Excel costs $109.99 in 2014, while Apple Numbers is free for Apple users. Windows 10 Smartphone : Advantages 2. The core motive of having data is to analyze and to get insights out of it. These include: Easy to enter and format data Ability to create graphical or visual Excel. I even used to dream in Excel! I had no idea it wasn't the first program of its kind; I never heard of Lotus before. I do believe that Microsoft Excel has become the standard spreadsheet for most business use with it’s ease and functionality. 1. It is used mainly in computers that uses Microsoft Windows operating system or Apple Macintosh computers. Flexibility means you can represent or format data as per your need and can do same task in more than one way. See this (Power Pivot – Overview and Learning). All those major types of charts that you need to use to present your data are already there and you can insert them with a single click. And recently Microsoft has launched its all-in-one office app that you can use to work on spreadsheets mobile as well. Easy to store data: In MS Excel, it is easy to store the data, perform calculations, format the cells and adjust layouts to generate the output and reports to share with others.Many templates make it easy to accomplish a wide range of tasks. If you need to make a formal presentation, one of the best supportive tools you can use to create visuals for those attending is Microsoft PowerPoint. 10 Benefits of Microsoft Excel. 10 advantages of Microsoft Excel. 3. The second disadvantage of Microsoft excel is when it comes to school, many professors such as in IT labs, require excel 2007. Below mentioned are some of the best benefits of the program or the Microsoft … I'm learning excel. It Creates Greater Efficiency and Heightens Productivity With Excel tables, you can manage rows and columns inside it independently from the data outside to the table. idigwebsites from United States on May 21, 2013: I use this for counting my monthly expenses. VBA is a very powerful programming language that allows you to enhance the overall functionality of Excel. Microsoft Excel allows you to manipulate, manage and analyze data helping assist in decision making and creating efficiencies that … I love Excel - it's what computers were invented for. Microsoft Office Excel Viewer, Access database engine of Access 2013, and Compatibility Pack for the 2007 Office system will block a 64-bit Office 2013 installation. It has so many features, like functions, pivot tables, and pivot charts just like the desktop app. Save Documents With Microsoft Office 2010, you can directly upload documents to the Windows Live SkyDrive account and access it from another computer. Imagine you have data with thousands of rows, you can insert a pivot table out of that data and create a summary table. You can use functionality such as top ten, bottom ten, or depending on your data filter on certain 'records' - if you had a column with the year in it, for example - you could filter for a specific year. In Excel, you have a complete list of functions (Top 100) that you can use for the calculations. Advanced users of Microsoft Excel can use Visual Basic for Applications to automate Excel. Spreadsheets offer a range of advantages, particularly to business users. Also like the references given in the call outs for further exploration. The advantages of Excel are wide and varied; here are the main advantages: Microsoft Excel is a very powerful tool, but it is versatile enough to have some fun. Lotus were stuck back in DOS and really lost ground never to truly recover. Answer: Currently, there are 16,384 columns and 1,048,576 rows. It exactly depends on what one wishes to achieve. It can be found in Office 365 subscriptions for both personal and business use. Microsoft Excel is a very flexible and productive Business application that can be used in many Business situations. I am an accountancy professional with 25 years experience in working in busy finance departments. Advantages of Microsoft Excel. Thanks for this valuable piece. As a topmost spreadsheet application on this planet, Microsoft Excel has a lot of benefits for anyone who knows how to use it. As most of the companies these days are moving to the cloud and Microsoft Excel has its own web version. 1- Excel is flexible and versatile tool for data analysis, data cleaning and data visualization. If you haven't upgraded to Microsoft Office 365 yet, here are 10 good reasons why you should. I have provided some examples on the right - all of these example used the Microsoft Excel templates that are available online for free. I'm the CEO of the company behind the Virtual Forms project. I think that you can slowly remove the No Forms and Non Relational from the list, because the project Virtual Forms for Microsoft Excel is a new product that fills the gaps in segment of creating Userforms without coding in MS Excel. A Microsoft Excel Certification is primarily for the recruiters who don’t know your skills working on the platform. Amazing and awesome explanation. Advantages And Disadvantages of Microsoft Excel System Compatibility Graphs Analysis of large Amount of Data Excel is only available on Windows and Mac OS X, which poses a problem for users of Linux and other operating systems. There’s a whole bunch of free templates that you can download and use. Back in 1987 the spreadsheets were very cumbersome and unless you were very computer oriented they were very difficult to use and understand and therefore initially there was a lot of reluctance to use it from "Old School" accountants. I haven't used Lotus in years, but I always found Excel to be much more user frendly. Thanks for posting. The screen freezes because Microsoft Office has stopped working. on August 14, 2010. And you can also create in-cell charts to make your data easily understandable for anyone. Check out this complete POWER QUERY guide to understand. Advantages of Microsoft Excel. 6. Benefits of using Microsoft Excel: Software-Matters offer free consultations to discuss any questions you may have about MS Excel and spreadsheets and how they might benefit your business. Excel provides the following integration points with SharePoint Server. Microsoft Office has its own coding language which is called VBA (visual basic for applications) and it allows you to write code for almost all the activities that you perform manually in Excel. Richard Warren from London, United Kingdom on August 29, 2014: Microsoft excel have lots of functions. 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