Excel 2022: From Beginner to Expert | The Ultimate Guide to Master the Essential Functions and Formulas

Book Preface

Excel is a powerful spreadsheet application from Microsoft. It’s been around for over 30 years and has evolved from a simple calculator to a comprehensive tool for financial analysis, business intelligence, and data visualization. The newest version of Excel is presented in this book with information about its most exciting new features.
Even if you’re already familiar with the previous versions of Microsoft Excel, this book provides a great beginning point for getting up to speed on the new features. The goal is to give you the information you need to do your job more efficiently. You can then explore the new features in greater depth at your own pace.
It’s an exciting time for Excel users, with Microsoft continuing its tradition of offering free upgrades with each new release of Excel. The best way to upgrade is by installing the Office 365 application on your computer. Linking your Microsoft account with Office 365 lets you download and install updates seamlessly. It also gives you access to all of the latest features added to Office 365 like docs.com, One Drive for Business, and Skype for Business. Microsoft is adding new features over time, but these features are only half the story over the long term. The other half is how you and your team can use them. Best of all, you don’t need any special skills or training — just an existing knowledge of Excel that you can extend through these new resources. Just as important as new features are improvements in Excel’s usability and security. These improvements allow you to work faster and be more accurate at the same time.
List business cases where excel is used
Spreadsheets are helpful for so many different tasks. They can be used to analyze data, calculate results, or even provide feedback information. To accomplish these tasks, users of Excel have developed dozens of ways to use this tool. These ways are not always mutually exclusive. For example, you might use one method on Monday and another on Tuesday for the same task. You can see just how many different uses of excel there are by looking at the “User stories” section below.
Excel is a universal tool that can be used in several business cases. Below you will find some of the most common ones:

1. To simplify complex processes in areas such as financial analysis, sales forecasting, and budgeting.
2. To facilitate everyday tasks in various professions such as inventory control, human resources management, and product development planning.
3. To streamline tedious operations such as data entry and manual calculations.
4. To easily present data in report form in government, education, and health care.
5. To create advanced graphics in business intelligence, engineering, and scientific research.
6. To create 2D and 3D visualizations of data presented to stakeholders for decision-making in geology, meteorology, and astronomy.
7. To manage and track data in areas such as business intelligence and health care.
8. To analyze and control costs in inventory management, capital budgeting, and purchasing.
9. To provide feedback on products in product design, marketing, and quality assurance.

10. To create dashboards in areas such as operating information, engineering, and human resources management.

Everyone from project managers to entry-level employees has access to computers and electronic devices in today’s office environment. In return for the convenience, you must expect specific security measures, including malware protection through antivirus software or a firewall. Microsoft Excel is no exception.
There is no failing of ways to use Excel for business purposes. If you’re new to the tool, the sheer number of uses can be overwhelming. But don’t be daunted — take it one step at a time. This book provides an overview that will get you started with some concrete work examples. Once you get past the initial learning curve, you’ll discover how easy it is to create Excel spreadsheets and charts on your own. Remember, anyone can be an Excel user if they know the right way to do it.