In the Excel Options dialog box, click Resources in left pane, then you can see the Excel version in the about Microsoft Office Excel 2007 section. See screenshot: Fine the Excel version with VBA code. Besides the above methods, you can also find Excel version with VBA code. Press Alt +F11 to open the Microsoft Basic for Applications. Microsoft Excel Definition Excel definition: a software program created by Microsoft that uses spreadsheets to organize numbers and data with formulas and functions. Excel analysis is ubiquitous around the world and used by businesses of all sizes to perform financial analysis. Check out CFI’s free Excel Crash Course here!
Microsoft Excel is a spreadsheet program used to record and analyze numerical and statistical data. Microsoft Excel provides multiple features to perform various operations like calculations, pivot tables, graph tools, macro programming, etc. It is compatible with multiple OS like Windows, macOS, Android and iOS. Microsoft Excel is a software program produced by Microsoft that allows users to organize, format and calculate data with formulas using a spreadsheet system. This software is part of the Microsoft Office suite and is compatible with other applications in the Office suite. This wikiHow will teach you how to check your Excel version on both Windows and Macs. If you're working on a current project, you'll want to save it before continuing. You'll be able to open the program from your Start Menu.
As a topmost spreadsheet application on this planet, Microsoft Excel has a lot of benefits for anyone who knows how to use it.
And if you are one of those people who we want to learn it and wondering how this can help you in your work, when I have listed the top ten benefits of Microsoft Excel here.
10 Benefits of Microsoft Excel
- Best way to store data
- You can perform calculations
- All the tools for data analysis
- Easy to data visualizations with charts
- You can print reports easily
- So many free templates to use
- You can code to automate
- Transform and clean data
- Store data with millions of rows
- You can work with Excel online + mobile app
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1. Best way to store data
Even if you don’t use any of the options or any tool which Excel offers you, it is the best way to store data. Why I’m saying this because Excel is a kind of application that is used by millions of people.
So, when you store data in Excel and then share it with others,they can access that it easily.
2. You can perform calculations
What makes Excel the best spreadsheet application on theplanet is its ability to perform calculations. In Excel, you have a completelist of functions (Top 100)that you can use for the calculations.
Basically, an Excel function is a predefined formula that returns a specific result based on the values you specify.
But apart from that, you can also create your own formulas by combining two or more functions or just by performing calculations using operators.
Some Formula Examples:
3. All the tools for data analysis
The core motive of having data is to analyze and to getinsights out of it. The good news is Excel has some of the most powerful toolsto analyze data.
Imagine you have data with thousands of rows, you can insert a pivot table out of that data and create a summary table.
Some of the things you can do with pivot tables to analyze data:
4. Easy to data visualizations with charts
In Excel, you have all those options to create charts andpresent your data in a visual way.
All those major types of charts that you need to use to present your data are already there and you can insert them with a single click.
If you go to the Insert Tab, in the charts group, you can findall the charts which you can insert.
Not just that, there’s also a button called recommendedcharts that you can use to let Microsoft Excel recommend you the best possiblechart to use for the data you have in your worksheet.
And if you think that you need something other than the default charts you have the option to create advanced charts using some specific methods.
Here we have a list of top 10 ADVANCEDEXCEL CHARTS that you can use in Excel.
And you can also create in-cell charts to make your data easily understandable for anyone.
5. You can print reports easily
Even if you are a person who likes to save trees but therecould be a point where you need to print reports to share with others or presentit to someone.
Well, Excel allows you to print with a lot of customizationwhere you can change the margin, paper size, orientation, etc.
There’s a whole bunch of options that you can use for pagesetup before printing a report.
6. So many free templates to use
One of the most popular things about Excel is you can createdashboards and templates.
There’s a whole bunch of free templates that you can download and use.
Free Excel Templates to Start with
7. You can code to automate
Microsoft Office has its own coding language which is calledVBA (visual basic for applications) and it allows you to write code for almostall the activities that you perform manually in Excel.
You can automate all kinds of activities from simple (make atext bold) to complex (insert a pivottable) using a VBA code.
Start Learning VBA
Once you learn the basics of VBA, you can also create a custom function by writing code.
8. Transform and clean data
If you are one of those people who work with data a lot oryou know someone who works, there are a lot of situations where you need todeal with messy data which you need to clean before you use it.
The process of cleaning and transforming data takes a bigchunk of your time and it can be a tedious process.
For this, Microsoft has introduced the power query which is a data transformation and cleaning engine well you can load data from multiple sources, transform it, and then load it back to the worksheet.
What makes power query such a powerful tool? Check out this complete POWER QUERY guide tounderstand.
9. Store data with millions of rows
Well, there is no limit to data, but Excel has a limit in terms of rows and columns.
So that’s why Microsoft came up with Power Pivot where youcan store data with millions of rows and then you can perform calculations withinPower Pivot.
See this (Power Pivot – Overview and Learning)
10. You can work with Excel online + mobile app
As most of the companies these days are moving to the cloud and Microsoft Excel has its own web version. It has so many features, like functions, pivot tables, and pivot charts just like the desktop app.
And recently Microsoft has launched its all-in-one office app that you can use to work on spreadsheets mobile as well.
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Excel. Chances are, that word alone inspires visions of lengthy spreadsheets, complicated macros, and the occasional pivot table or bar graph.
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.
But, if you think Excel is only good for making you cross-eyed while looking at a bunch of numbers and financial reports, think again. As Tomasz Tunguz points out, there are tons of uses of Excel in business (and beyond) outside of simple spreadsheets. In fact, the potential uses are seemingly endless.
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).
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.
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All about numbers
Of course, the core purpose of Excel all boils down to numbers. If you need to sort, retrieve, and analyze a large (or even small!) amount of data, Excel makes it a breeze.
Here are a few broad categories to keep in mind when it comes to implementing Excel for anything numbers-related.
1. Calculating
Find yourself running the same calculations over and over again? Build yourself a totally customized calculator in Excel by programming your commonly-used formulas. That way, you just need to punch in your digits and Excel will spit the answer out for you—no elbow grease required.
2. Accounting
Budget plans, forecasts, expense tracking, financial reports, loan calculators, and more. Excel was pretty much designed to meet these different accounting needs. And, considering that 89 percent of companies utilize Excel for its various accounting functions, it obviously fits the bill.
Excel even has numerous different spreadsheet templates to make all of those processes that much easier.
3. Charting
Pie charts, scatter charts, line charts, bar charts, area charts, column charts—the list goes on and on. If you need to find a way to represent data in a more visual and digestible way, Excel’s ability to transform rows and columns of digits into beautiful charts is sure to become one of your favorite things about it.
Want more information about the types of charts you can create in Excel? This article is a helpful resource.
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4. Inventory tracking
Tracking inventory can be a headache. Fortunately, Excel can help to keep employees, business owners, or even individuals organized and on top of their inventory—before any major problems crop up.
Making a plan
Let’s move on from the numbers—there are plenty of things that Excel can help you plan and organize that don’t necessarily involve endless rows of digits.
5. Calendars and schedules
Need to map out a content calendar for your blog or website? Lesson plans for your classroom? A PTO schedule for you and all of your co-workers? A daily schedule for you or your family? When it comes to various calendars, Excel can be surprisingly robust.
6. Seating charts
From a large corporate luncheon to a wedding, arranging a seating chart can be a royal headache. Fortunately, Excel can make it a total breeze. If you’re a real whiz, you’ll be able to automatically create your seating chart using your spreadsheet of RSVPs. Need help getting this done? This article provides a detailed walkthrough of how you can create a seating chart in Excel.
7. Goal planning worksheet
From professional goals to fitness goals to financial goals, it helps to have something to keep you focused and on track. Enter the beauty of Excel. Using the tool, you can create various worksheets, logs, and planning documents to help you monitor your progress—and, hopefully, cross the finish line.
8. Mock-ups
Excel might not be the first platform you think of when it comes to design. But, believe it or not, you can use the tool to put together various mock-ups and prototypes. In fact, it’s a surprisingly popular choice for creating website wireframes and dashboards.
Getting stuff done
Want to kick your productivity into high gear? Well, Excel can swoop in and save the day with a variety of uses that can help you tackle your tasks and to-dos with ease and organization.
9. Task list
Say goodbye to your standard pen and paper to-do list. With Excel, you can make a far more robust task list—and even track your progress on those larger to-dos that are currently on your plate.
10. Checklist
Similarly, you can create a simple checklist that allows you to tick off the things you’ve purchased or accomplished—from a grocery list to a roster of to-dos for an upcoming marketing campaign.
11. Project management charts
We’ve already touched on the fact that Excel is a total beast when it comes to creating charts. And, this concept holds true when it comes to various charts for project management.
From waterfall charts to manage your team’s progress to kanban style boards (just like Trello!) to keep things organized, there are tons of ways that Excel can help keep your project on track.
12. Time logs
You know that tracking time can be a huge asset to you and your productivity. While there are plenty of fancy apps and tools to help meet that need, you can think of Excel as the original tool for logging your time. And, it still serves as a suitable option today.
Involving other people
Need to collect information from other people? Survey tools and forms are one option. But, rest assured, you can also create your own in Excel.
13. Forms
From simple to complicated, Excel is a great option for creating forms. You can even program various drop-down menus so that users can select their choice from a pre-set list.
14. Quizzes
Trying to test somebody else’s—or even your own—knowledge of a subject? In Excel, you can create a bank of questions and answers in one worksheet, and then instruct Excel to quiz you in another.
Staying in touch
Managing relationships is crucial to your success both professionally and personally. Fortunately, Excel makes it easy to keep in touch.
15. CRM
Need a lightweight CRM to stay top of mind for your customers? You can make one in Excel. And, the best part? Building your own means it will be totally customizable. Sales Hacker also put together a nifty set of free sales excel templates you can use to help get started!
Ms Excel Iserror
16. Mailing list
Data doesn’t just have to involve numbers. Excel is also great at managing and sorting large amounts of names and addresses—making it the perfect solution for your invite list for that company holiday party or the mailing list for that large promotion or campaign.
Using Excel, you can also mail merge—which makes it that much easier to print address labels and other necessary materials.
You can also apply a similar concept to create things like directories, RSVP lists, and other rosters that involve a large amount of information about people.
Just for fun
Excel doesn’t need to be all work and no play. There are plenty of other fun things you can create using the spreadsheet tool.
17. Historical logs
Whether you want to keep track of the various craft beers you’ve tasted, the workouts you’ve completed, or something else entirely, you can think of Excel as your go-to resource for keeping those things sorted and logged.
18. Sudoku puzzles
Love Sudoku puzzles? As it turns out, you can make your own in Excel. Or, if you find yourself stuck on a particularly challenging one, you can enlist the help of Excel to help you get it figured out!
Need help creating the Sudoku solver and generator? This post will get you well on your way!
19. Word cloud
Word clouds might not be the most scientific representations of data. But, they’re a fun (not to mention beautiful way) to gain an understanding of what words are being utilized most. You guessed it—you can create one using Excel. Here’s how to use information from Excel to create a word cloud in Wordle.
20. Art and animations
The capabilities of Excel likely extend far beyond what you’d initially anticipate. In fact, many people have used the tool to create some downright awesome art—from pixelated portraits to animations.
21. Trip planner
Have a vacation coming up? Make sure you have everything covered by creating yourself a helpful itinerary before you pack your bags and head out. Excel even has a handy trip planner template you can use to make sure you don’t miss anything (from your budget to airline information!).
Over to you
This might seem like a lengthy list. But, rest assured, it barely scratches the surface of all of the different things—aside from simple spreadsheets—that Excel is capable of. From lists to charts to design mock-ups, the different uses of Excel are seemingly limitless.
Feeling intimidated? Don’t worry - you can learn Excel online, all at your own pace, and become a spreadsheet ninja in no time.
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Do you have something cool you like to create using Excel? Let us know in the comments!
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