The three most common general uses for spreadsheet software are to create budgets, produce graphs and charts, and for storing and sorting data. Within business spreadsheet software is used to forecast future performance, calculate tax, completing basic payroll, producing charts and calculating revenues.

Who is a spreadsheet used for?

The most common reason to use spreadsheets is to store and organize data, like revenue, payroll and accounting information. Spreadsheets allow the user to make calculations with this data and to produce graphs and charts.

Who uses Excel?

Excel is used extensively in finance and accounting functions. In fact, many organizations run their entire budgeting, forecasting, and accounting functions entirely out of Excel spreadsheets. While Excel is defined as a “data” management tool, the data that is most commonly managed is financial.