Microsoft Excel is widely used in various finance-related activities to bring data together and build great charts. It provides the ability to create workbooks and spreadsheets where users can define custom formulas to calculate data. By using Excel functions, individuals can effectively store organisations’ information and track the project status reports, contact lists, sales lead lists, and much more.

Microsoft Excel offers a grid interface to sort nearly any type of information. With the help of Microsoft Excel, users can create simple and complex formulas in Excel to calculate any data. MS Excel is also a useful tool for statistical analysis, which helps to implement chi-square testing, chart complex data, and variance analysis.