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Microsoft Excel

A brief introduction

In brief, what is Microsoft Excel?

Excel is an electronic spreadsheet program that can be used for storing, organizing and manipulating data.

The built-in functions allow users to:

create and edit formulas;
copy and move data;
format worksheets;
and set up worksheets for printing.

Term definition

Cell	Cells form where rows and columns intersect. To refer to a cell, enter the column letter followed by the row number. For example, B11 refers to the cell at the intersection of column B and row 11.
Active cell	A cell that is selected.
Workbook	In Excel, a workbook is the file in which you work and store your data. Because each workbook can contain many sheets, you can organize various kinds of related information in a single file. By default, all new workbooks contain three worksheets.
Worksheet / Spreadsheet	Worksheets consist of cells that are organized into alphabetical labeled columns and numerically labeled rows, and are always located within workbooks. They are used to list, organize, and calculate data. Information can be linked from one worksheet to another in the same workbook or in different workbooks.

DATA TYPES, FORMULAS AND FUNCTIONS

A cell can hold different kinds of data (for instance: numbers, text and formulas). Formulas are used for calculations usually involving data contained in other cells. Excel includes hundreds of built-in formulas used for common tasks, known as functions.

EXCEL AND BUSINESS DATA

Spreadsheets are often used to store business data. Formulas and functions that are used on this type of data include:

Performing basic mathematical operations such as summing columns and rows of figures;
Finding values such as profit or loss;
Calculating repayment plans for loans or mortgages;
Finding the average, maximum, or minimum values in a specified range of data.

EXCEL'S OTHER USES

Excel can be used for other common operations:

graphing or charting data (to assist users in identifying data trends);
sorting and filtering data (to find specific information);
the information stored in a spreadsheet can easily be incorporated into electronic presentations, web pages, or printed off in report form.

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