Microsoft Office Excel ships with templates for creating budgets, cash-flow statements and profit-and-loss statements, which are some of the most basic documents used in accounting.

Discover 10 advanced Excel formulas to boost your accounting and finance skills. Streamline workflows, reduce errors, and analyze data like a ...

Fortunately, you can convert Excel files to plain text files, which can then be imported into almost any spreadsheet program, such as Intuit's QuickBooks accounting software.

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