How to Use Microsoft Excel for Accounting. Microsoft Office Excel was designed to support accounting functions such as budgeting, preparing financial statements and creating balance sheets.

Follow these steps to set up a general ledger accounting system in Excel. A small business can use Excel as a substitute for expensive accounting software.

How to Use Excel for GAAP Accounting. The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records.

Move Your Accounting Data into Excel Of course, your business data probably exists in your accounting software or your other small business software, so before you begin you need to get it into Excel.

Excel macros let you automate repetitive tasks for substantial time savings. Here’s how to put them to work for you.

Excel’s UNIQUE function allows users to extract unique values from a dataset, making it easier to identify and remove duplicates.