Microsoft Excel can aid teachers in educating their children. Excel is thus a powerful tool which can be used for reporting and analysis purposes for small and medium scale enterprises.Īlso See: Coworking Advantages: 9 Benefits of Coworking Spaces Also visualize your data using interactive charts. It can incorporate pivot tables into your data. Excel also has various features for presenting your data in an attractive way.ĭashboards can be created in Excel through which you can build a presentation layer on top of the data layer.Īpart from using Excel as a database for storing business data, it can also be used for doing various operations on your data.Įxcel can do various mathematical operations – like summing up sales over a period, logical operations – like comparing values and statistical operations – like finding maximum, minimum, average sales for various period. Let’s understand how you can use Microsoft Excel as a cheaper alternative to manage your small-scale business comprehensively using its data management features.Įxcel is basically a spreadsheet with rows and columns where you can store your business data – about your sales, inventory etc. They are pretty expensive with a lot of inbuilt features and are created specially for the use of huge enterprises. for mapping and integrating their businesses in one place.
- Using Microsoft Excel in Managing Small Businessesīig companies make use of Enterprise Software’s like SAP, Oracle etc.
- Then you can make use of various Excel analysis and visual tools for managing your expenses for long term.
Uses of microsoft excel in our daily life download#
Use any popular mobile apps for managing your daily expenses and towards the end of every month download monthly spending report as csv files into Excel in your computer. Learning basics of Statistics and applying it to your spending data using Excel options, could help you understand any patterns in your spending, major areas in which you are spending money and also manage your investments to maximize savings. Read: 7 Things Highly Productive People Do Differently Pic Source: Using the data collected for your spending, various models can be made for predicting, analyzing and modelling future spending.Ī lot of visualization options including a number of different types of graphs and charts are available in Excel for visualization purposes. All of them would definitely have an option to download Consolidated monthly or weekly reports as csv files which can be opened as spreadsheets in Microsoft Excel.Īs I already mentioned Excel is one of the most powerful Data Visualization and Analysis tool. Without keeping track on the spending, it’s impossible to cut short your unwanted expenses and save some good money.Īgreed there are many applications which could help you to add and consolidate your expenses on a daily basis. Managing daily expenses is a big head ache for most people. Top 10 Uses of Microsoft Excel in Improving Your Daily Life
We touch upon a few important ones in the coming paragraphs. The applications of Microsoft Excel are plenty. But make no mistake, this is not an exhaustive list.
Here we are trying to introduce our readers to some interesting and creative ways to use Microsoft Excel in our daily life. If you are not aware about Microsoft Excel and explore the options available in this awesome spreadsheet program provided by Microsoft in their Office package. I am skipping the intro about what is Microsoft Excel.