Microsoft Excel Setup is a software program included in the Microsoft Office suite. It is used to create spreadsheets, which are documents in which data is laid out in rows and columns — like a big table.
Microsoft Excel Setup is simple to use and contains numerous helpful features. Its well-known grid of lettered columns and numbered rows makes it very easy to insert and locate any data point at any given time.
With Excel, users are able to create complex formulas, execute mathematical operations and equations, or easily build charts, graphs and histograms by selecting the data points inserted in the spreadsheet.
Manipulating data is also made easy enabling adjustments and changes. It also enables users to export and migrate their spreadsheets, which therefore enables XLS spreadsheets to be used outside of the program itself. For instance, it can be used in website and online forms. Another useful feature is that it enables the user to access external data sources, such as financial markets.
It is even useful for programming, with its Visual Basic for Applications feature. This makes Microsoft Excel Setup ideal for physics, statistics, finance, engineering, and, in short, any activity that relies heavily on the analysis and calculation of mathematical data.
Many versions of Microsoft Excel Setup exist, updates are made frequently, and it is mainly used on Microsoft’s Windows operating system with recent versions available for use on Mac OS X and iOS.
Due to its extreme versatility and power, Excel has become one of the most-used software programs in the business world since its launch in 1985. Indeed, the personal computing renaissance of the 1980s and 1990s was largely driven by the many uses of Excel and other spreadsheet software.
What Microsoft Excel Setup 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.
Here are a few examples of other ways a company might use Excel. Remember, though, that these are just examples. Excel is infinitely flexible, so the possibilities are endless:
- Keep track of sales by customer from month to month;
- Monitor customer payments to ensure that none are late;
- Keep track of expenses and assign them to particular employees;
- Calculate hours worked per employee for monthly payroll;
- Calculating monthly payments on the office mortgage;
- Creating graphs or charts to explain company performance over time;
- Estimate monthly sales for the next three years based on historical data; and
- Assign projects and tasks to employees in a centralized location.
Microsoft Excel Setup is a spreadsheet program included in the Microsoft Office suite of applications. Spreadsheets will provide you with the values arranged in rows and columns that can be changed mathematically using both basic and complex arithmetic operations.
In addition to the standard spreadsheet features, Excel offers programming support via Microsoft’s Visual Basic for Applications (VBA), the ability to access data from external sources via Microsoft’s Dynamic Data Exchange (DDE). Microsoft Excel Setup is an Electronic Spreadsheet Computer Program.
Similar to its desktop counterpart in many ways, Microsoft offers a web-based version of the Microsoft Office Setup suite which includes Excel. Accessible via most browsers, Excel Online allows you to edit existing XLS and XLSX files as well as create new workbooks from scratch, free of charge.
Office Online’s integration with Microsoft’s OneDrive service lets you store these files in the cloud, and even provides the ability to collaborate with others on the same spreadsheet in real-time. While Excel Online does not include many of the application’s advanced features, including support for the aforementioned macros, users seeking basic functionality may be pleasantly surprised with this option.
Microsoft Excel App
Downloadable for both Android and iOS platforms via Google Play or the App Store, the Excel app’s available features vary depending on your particular device. Android users with devices that have screens which are 10.1 inches or smaller in diameter can create and edit spreadsheets at no charge, while those running the app on larger phones and tablets will need a subscription to Office 365 Setup if they want to do anything other than view an Excel file.
Meanwhile, iPad Pro users with larger screens (10.1″ or bigger) will find themselves in a similar predicament when running the app, while users of all other versions of Apple’s tablet as well as those with an iPhone or iPod touch can create, edit, and view Excel documents without spending a dime. It should be noted that there are some advanced features that are only accessible with a subscription, no matter which device you have.
The main uses of Excel include : www.office.com/setup
- Data entry
- Data management
- Financial analysis
- Charting and graphing
- Time management
- Task management
- Financial modeling
- Customer relationship management (CRM)
- Almost anything that needs to be organized!
Data functions, formulas, and shortcuts
The Excel software program includes many functions, formulas, and shortcuts that can be used to enhance its functionality.
Financial and accounting uses
Excel is used extensively in finance and accounting functions. In fact, many organizations run their entire budgeting, forecasting, and accounting functions entirely out of Excel spreadsheets.
While Excel is defined as a “data” management tool, the data that is most commonly managed is financial. At CFI, we would define Excel as the ultimate financial software. While there are other pieces of financial software that are certainly tailored toward performing specific tasks, the strongest point about Excel is its robustness and openness. Excel models are as powerful as the analyst wishes them to be.
Features : Microsoft Excel Setup
- Designed for phones and tablets: To edit spreadsheets on desktops, laptops, and large tablets, an eligible Office 365 subscription is required.
- Touch-friendly Excel: Use your finger to drag columns and worksheets. Tap to add data and navigate large spreadsheets.
- Work as a team: Quickly share spreadsheets with others by sending links or attachments or by printing your file.
- Create with confidence: Add formulas with an onscreen keyboard that has common functions built right in on your tablet.
- Pick up where you left off: Excel remembers where you were, even when you switch between devices.
- Use modern templates: Jump-start your projects, with beautifully designed templates.
- Don’t worry about saving: When you edit on your tablet or phone, Excel saves your work so you don’t have to.
- Use your phone as a PC: Create and review spreadsheets faster, using keyboard, mouse, and large screen.
- Bring your data to life: Explore brand new chart types, like Treemap, Sunburst, and Waterfall charts.
Microsoft’s leading spreadsheet and data analysis tool
Microsoft’s flagship spreadsheet computer application, Excel, is by far the most popular spreadsheet program worldwide, with almost all spreadsheets now being created in its XLS file format. Businesses, students, and professionals that needs to gather and analyze data prefer it over any other spreadsheet program.
Understanding the Ribbon
The ribbon provides shortcuts to commands in Microsoft Excel Setup. A command is an action that the user performs. An example of a command is creating a new document, printing a documenting, etc. The image below shows the ribbon used in Excel 2013.
Ribbon components explained
Ribbon start button – it is used to access commands i.e. creating new documents, saving existing work, printing, accessing the options for customizing Excel, etc.
Ribbon tabs – the tabs are used to group similar commands together. The home tab is used for basic commands such as formatting the data to make it more presentable, sorting and finding specific data within the spreadsheet.
Ribbon bar – the bars are used to group similar commands together. As an example, the Alignment ribbon bar is used to group all the commands that are used to align data together.
Understanding the worksheet (Rows and Columns, Sheets, Workbooks)
A worksheet is a collection of rows and columns. When a row and a column meet, they form a cell. Cells are used to record data. Each cell is uniquely identified using a cell address. Columns are usually labelled with letters while rows are usually numbers.
A workbook is a collection of worksheets. By default, a workbook has three cells in Excel. You can delete or add more sheets to suit your requirements. By default, the sheets are named Sheet1, Sheet2 and so on and so forth. You can rename the sheet names to more meaningful names i.e. Daily Expenses, Monthly Budget, etc.