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What are the applications of Excel in finance?
1. First of all, Excel spreadsheets are easy to learn and the data processing software is powerful. Excel provides a full-featured calculation and analysis tool. Skillfully using it for data analysis will get more accurate information and improve the work efficiency of financial personnel.
The basic functions of 2.2. Excel has the functions of data entry, formula filling, conditional format, query replacement, valid data, automatic data filtering, classified summary, consolidated calculation, simple pivot table and chart, etc. It is an essential statistical tool for financial personnel.
3. Common financial documents, enterprise accounting voucher management, enterprise journal management, enterprise current account management, enterprise daily expenses management, enterprise salary management, product cost management, product inventory management, fixed assets management, company assets and liabilities management, company profit management and company cash flow management can also be solved by Excel spreadsheets.
Advantages of Excel application in financial field;
1. Financial accounting statement is the final product of accounting, and it is a report document that an enterprise provides accounting information about its financial status, operating results and capital changes to relevant parties and relevant state departments.
2. For accountants, it is very important to prepare financial statements. It needs to consider not only the quality of production, but also the time of production. It not only takes a long time to prepare the report and summarize the consolidated report, but also has a lot of work.
3. Using the financial management model and Excel analysis tools, and using Excel to establish financial statements, the summary and consolidation of statements can be realized efficiently.
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