Saturday, November 26, 2011

The Ultimate Tool: Microsoft Excel

What is Microsoft Excel?

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Microsoft Excel is an important software that was created for business and analysis purposes. It is widely used by most of the companies worldwide. Knowledge in Excel is also needed in most of the online job postings in famous freelancing sites like Odesk and Freelancer.

Let us take a look at the Wikipedia explanation for Excel:

Microsoft Excel is a proprietary commercial spreadsheet application written and distributed by Microsoft for Microsoft Windows and Mac OS X. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications. It has been a very widely applied spreadsheet for these platforms, especially since version 5 in 1993, and it has almost completely replaced Lotus 1-2-3 as the industry standard for spreadsheets. Excel forms part of Microsoft Office. The current versions are 2010 for Microsoft Windows and 2011 for Mac OS X.

Importance of Microsoft Excel

In my opinion, Excel is an Integral part of every Business small or big. A good grasp of knowledge in this software can help you understand and analyse stats in your company. This software can help you turn simple Raw Data into a Readable and Understandable Report. It also makes your work a lot easier if you have a bit of knowledge in Visual Basic and its relation with Excel. 

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I personally use Excel in my full-time job as a Senior Specialist in Reporting. In fact, this is the only software we use to make reports. Basically, I gather data from different paths, collate them in one excel workbook, create formulas and combine all the data in one sheet. In doing these things, I will be able to use a new workbook that will use the data I combined, to create Reports that will be useful for analysis.

I created this article because, I will teach you formulas and techniques in Excel and how to use them. Formulas, Tricks, Graphs, tables, Etc., are used in different kinds of scenarios. After reading my tutorials, you will have an understanding on what formula to use to a certain scenario. We will start with some basic stuff until we reach the advanced level, which you will be able to use in your work.

If you are planning to do work-at-home jobs, knowledge in Excel will be of a great help. On the other hand, if you are running your own business, Excel can help you understand why this metric failed and why the other did not. You can use it for Financial Analysis as well. There are tons of things that can be learned and used if you know how to use this software. 

So now, I would suggest for you to hang around and check my next update. Because, I will teach you the basic things that you need to know about Microsoft Excel. See yah!

How about you? have you been using Excel lately? Please share in comments how Excel helped you in work or in your own business. I am excited to read about it.

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