The concept of electronic spreadsheet started with software called VisiCalc, which appeared in the early 1980s. It offered a major advantage over traditional pen and paper calculation.
Microsoft excel is one of the most versatile and popular spreadsheet programs. It serves as an electronic pad for accountant. It can easily perform simple as well as complex mathematical operations.
In addition to its spreadsheet capability, Excel offers extensive graphics, database and word processing capabilities.
Spreadsheets are used for performing calculations, recalculating results, creating financial reports, comparing reports, etc. It is important tool used for analyzing and reporting information. Spreadsheets are often used in business for budgeting, inventory management, and decision making.
Electronic spreadsheets can be designed to replace most manually prepared documents, such as a cost sheet.
The advantages of electronic spreadsheet