how to use microsoft excel personal expenses calculator

And, considering that 89 percent of companies utilize Excel for its various accounting functions, it obviously fits the bill.Įxcel even has numerous different spreadsheet templates to make all of those processes that much easier. Excel was pretty much designed to meet these different accounting needs. Accountingīudget plans, forecasts, expense tracking, financial reports, loan calculators, and more. That way, you just need to punch in your digits and Excel will spit the answer out for you-no elbow grease required. Calculatingįind yourself running the same calculations over and over again? Build yourself a totally customized calculator in Excel by programming your commonly-used formulas. Here are a few broad categories to keep in mind when it comes to implementing Excel for anything numbers-related. If you need to sort, retrieve, and analyze a large (or even small!) amount of data, Excel makes it a breeze.

Of course, the core purpose of Excel all boils down to numbers. Get your certificate today! Start free course Learn Excel essentials fast with this FREE course. 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. 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). In fact, the potential uses are seemingly endless. As Tomasz Tunguz points out, there are tons of uses of Excel in business (and beyond) outside of simple spreadsheets. 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.īut, if you think Excel is only good for making you cross-eyed while looking at a bunch of numbers and financial reports, think again. Chances are, that word alone inspires visions of lengthy spreadsheets, complicated macros, and the occasional pivot table or bar graph.

How to use microsoft excel personal expenses calculator