A spreadsheet or a worksheet is a file consisting of rows and columns that assist the user in sorting, organizing, and systematically arranging the data and also help in calculating numerical data. This unique quality of assisting the user to calculate the numerical data using Mathematical formulas and the data in the cells make them extremely unique.
What are the Key Differences Between a Workbook, Worksheet, and Spreadsheet?
People often get confused between workbooks, worksheets, and spreadsheets because of their similar names. It is of high importance to understand the difference between the three for easier usage and less confusion. Spreadsheets Assignment Help by BookMyEssay portrays all the differences between the three.
When a user opens Microsoft Excel, a spreadsheet program, a “workbook” is opened. A workbook generally contains one or more worksheets that can be accessed using the tabs at the bottom of the worksheet, one currently in use. Worksheet and spreadsheet are synonymous but some users refer to the program as “spreadsheet” and the files that are created as known as “worksheets”.
What are the Main Uses of Spreadsheets?
Spreadsheets are primarily business and accounting tools. The complexity of spreadsheets can vary for numerous reasons. The fundamental use of a spreadsheet is to organize and categorize data into a logical format. Once the user enters the data into the spreadsheet he or she can use it to organize and help the business grow. The main uses of spreadsheets are:-
Accounting and Calculation: Across the globe, businesses use spreadsheets to keep a track of their business accounts. The user has the option to enter formulas that will do all the business calculations. It not only saves a lot of time and effort but also presents the overall data in a systematic manner.
Generation of Reports and Charts: Spreadsheets can be used to make reports that analyze the trend and can create a forecasting report based on the data presently available. This data can be further studied by all the departments of business organizations and make necessary arrangements based on the forecast. Spreadsheets can also be used to formulate several charts such as pie charts, bar graphs, and so on. It helps to showcase a lot of diverse data in a short time.
Storage of Data: A spreadsheet can be used to store multiple kinds of data. These numerous types of data include financial data, customer data, product data, and so on. Microsoft Excel spreadsheets can support up to a million rows and sixteen thousand columns. This makes them an ideal place for the creation of the database.