Microsoft Office Excel was designed to support accounting functions such as budgeting, preparing financial statements and creating balance sheets. It comes with basic spreadsheet functionality and ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Although Excel, the Microsoft Office spreadsheet program, has a few specialized financial formulas built in to the software program, the accounting format for spreadsheet cells has the most general ...