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    Index: Eaglewood Polytechnic Institute, Pimplgone Deparment of Computer Cource Code-Fundamental of Ict (22101)

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    Index: Eaglewood Polytechnic Institute, Pimplgone Deparment of Computer Cource Code-Fundamental of Ict (22101)

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    Index: Eaglewood Polytechnic Institute, Pimplgone Deparment of Computer Cource Code-Fundamental of Ict (22101)

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    of 11

    EAGLEWOOD POLYTECHNIC INSTITUTE ,PIMPLGONE

    DEPARMENT OF COMPUTER
    COURCE CODE-FUNDAMENTAL OF ICT (22101)

    ACADEMIC YEAR – 2024-25


    A MICRO PROJECT ON

    “APPLICATIONOF MS EXCEL.”

    INDEX

    SR.N TITLE PAGE


    O NO.
    1 USASE OF MS-EXCEL 6

    2 DATABENTRY AND STORAGE 7-10

    3 PRFORMING CALCULATIONS 11-14

    4 DATA ANALYSIS AND 15-16


    INTERPRETATON
    5 REPORTNG AND VISUALIZATIONS 17-18

    6 CALENDER AND SCHEDULES 19-22


    Uses of MS Excel

    MS Excel or Microsoft Excel is an essential software program of Microsoft Office


    Suite developed by Microsoft. It is one of the most powerful spreadsheet software
    that uses rows and columns to organize the data.

    Excel seems like an essential number-crunching software primarily used for


    managing household expenses or generating some basic reports. However, excel is
    more than just a simple reporting program. Excel is powerful software and can help
    perform a wide range of jobs for personal or business purposes. Therefore, there are
    plenty of uses of MS excel, and the list goes on.

    In this article, we are discussing some of the major uses of Microsoft Excel that will
    help us understand the potential of this powerful software and how different people
    or organizations are using it for their needs. They are as follows:

     Data Entry and Storage


     Performing Calculations
     Data Analysis and Interpretation
     Reporting and Visualizations
     Accounting and Budgeting
     Collection and Verification of Business Data
     Calendars and Schedules
     Administrative and Managerial Duties Forecasting
     Automating Repetitive Tasks
    Data Entry and Storage

    When there is a need for data entry and data storage, excel is an excellent
    software for basic needs.

    Excel is a great option to store lots of data. However, the size of the excel file is
    limited based on the device's computing capacity and memory availability.
    Generally, excel worksheets can have 1,048,576 rows and 16,384 columns in a
    table form. Once the data is organized in an excel file, we can use it for various
    purposes. Using multiple tools and formulae, we can implement numerous
    operations on the data.

    Apart from this, features like Data Form in excel make inputting and viewing data
    more accessible. Using this, users can build customized data entry forms
    according to their business requirements. Moreover, we can also use excel to
    create different lists for various needs. For example customer mailing list,
    employees work reports, employees shift rotations, etc.
    Performing Calculations

    MS Excel has plenty of in-built functions or formulae that can be used to workwith
    the data. There are more than 450 functions in excel that are
    categorizedaccordingly. Some most common functions in an excel function library
    includefinancial, logical, text, date & time, math, and trigonometry. We can use
    thenecessary functions or formulae on any row, column, and cell within the
    spreadsheet.

    We can also create our custom formulae with some programming skills or using
    macros in addition to the existing functions. So, we do not need to do the entire
    task again and again. Once we have created the specific set of functions, we must
    put corresponding values to get the desired results. With excel, we can perform
    almost every type of calculation (addition, subtraction, multiplication, division,
    etc.), and it is one of the best use of MS Excel.
    Data Analysis and Interpretation

    Data analysis is an essential part of MS excel. Analyzing the data helps in making
    decisions for improvements. When the data has been updated in spreadsheets,
    we can use formulae and pivot tables to effectively analyze the data and interpret
    the numbers. Using these features, we can consolidate the data and easily focus
    on essential segments from large data sets.

    By applying features like sort, filter, or swapping out data segments, the table can
    be managed more systematically to carry out the required data fields.
    Furthermore, we can take a screenshot of the specific part and attach it to a
    particular area in excel to create an interactive summarized report with precise
    communicable results.
    Reporting and Visualizations

    Charts, graphs, or other visualizations can make any simple report more attractive
    and meaningful. It is always a better way to use different charts to display the
    results in a summarized form, and that too with more attraction. A simple chart
    can sometimes cover and express the desired results than the massive table with
    relatively long data ranges.

    Since visualizations can be helpful, MS excel provides a wide range of in-built


    chart templates that we can easily use without many efforts. We need to select
    the template and input the data to carry out the particular chart in our excel file.
    Additionally, the software also offers various tools to create customized styles
    using specific color styles, axis values, text comments, etc.
    Accounting and Budgeting

    Account and budget managers most often use MS excel to maintain customer
    records. It is an easy way to organize the data and keep the data up to date with
    simple editing tools of excel software. It is one of the main tasks of account
    managers to keep records because it helps them create a strong relationship with
    their clients. This eventually enables accounting or budgeting managers to earn
    customers' loyalty, which further generates repeat sales. Furthermore, they can
    easily find the details from excel and also share with others easily when
    necessary.

    To add simplicity, excel also comes with many accounting and budgeting
    templates that can be used or modified accordingly. Some advanced templates
    may also contain some formulae or functions to perform basic to complex
    calculations. Thus, excel is an efficient accounting and budgeting software and
    helps us synthesize quick results in corresponding fields.
    Collection and Verification of Business Data
    Most companies implement multiple systems (such as CRM, inventory, etc.) to
    manage their database and logs separately. There can be different software for
    specific tasks. Since MS excel is a popular and widely used software, most third-
    party business software programs are designed to adapt the characteristics of MS
    excel. The records from most software can be exported into excel for easy access.
    Moreover, excel can further help in editing the data, such as removing or deleting
    duplicate entries. Organizing the data in excel is a lot easier, and adequately
    managed data can undoubtedly impact future analysis or outcomes.

    Apart from this, MS excel can be easily managed by different people due to its
    simple and interactive user interface. People can also learn this software very
    quickly. In addition to this, excel reports are easy to share, and therefore, the data
    can be handed over to other employees or new managers. Thus, collecting the
    data from various sources and verifying their details become more manageable
    with excel.
    Calendars and Schedules

    Another important use of excel can be seen in making calendars and schedules.
    Excel offers some auto features that can help in developing sequential dates or
    days accordingly. We are not required to enter all the dates or days manually.
    Additionally, we can adequately organize dates and days using rows and columns
    in excel to create a well-formed calendar. Once the calendar is created, we can
    also use comments or texts to add schedules or tasks for specific dates or days
    accordingly.

    Using calendars, companies can also effectively set their goals. They can also
    create year-wise reports of their business processes in the same worksheets or
    different worksheets depending on their data sizes. The best thing about MS excel
    is that some in-built ready-to-use calendars templates can be downloaded from
    within the excel software and modified accordingly. Besides, excel also allows
    users to create customized templates using different styles and visualization and
    save them for further use.

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