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These are electronic spreadsheets that are organized in rows and columns. It contains formulas with relative references to other cells and the file extension of an excel format is.xls. You can even modify the appearance of your worksheets by its fonts character attributes and cell appearance if it is according to your preferences. Intelligent cell recomputation is the main key in these templates which allows you to conveniently manipulate over your financial data. You can also amend information from time to time if necessary. It has also an extensive graphing capability for superior outcome reports.
Microsoft Excel now is one of the most widely accepted spreadsheet program anywhere in the world. The first version was in 1985. The current version is 2007 and soon to be released 2010. Excel has extensive graphing capabilities. There are several other spreadsheet programs on the market. If all you need is to do some simple formulas you may want to consider Open Office or Quattro Pro by WordPerfect and there are others. Do a Google search for Excel clones. From my experience you will not find a more robust program as excel. If you need Macros or to share data with other database programs you should be looking at Excel Something that makes Excel Powerful is that it includes Visual Basic for Applications (VBA) a programming language based on Visual Basic which adds the ability to automate tasks in Excel.
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When it comes to the presentation of many numbers and statistical figures the better tool to do this with is definitely the Excel spreadsheet processor. This is because the spreadsheet contains so many cells which make it easier to plot each and every figure or number you have to deal with. Moreover the Excel processor offers various operations and formulas that make the processing of such figures much easier. And when it comes to the corporate setting we all are aware of the importance of the balanced scorecard how the analysis and the interpretation of the figures plotted on the scorecard itself can add to the success of any business or enterprise.