CHAPTER 1

THE PROBLEM

Background of the Study

Microsoft Excel spreadsheet software has become an

integral part of most business organizations across the

world. MS Excel is used for various purposes by business

establishments. This spreadsheet software also helps the

individuals in a workplace keep track of invoice reports,

and for storing contact information of their clients and

customers. This information acts as a customer database for

them and can make use of this information to contact their

customers. The advantage of storing this information in MS

Excel sheet is that even though the sheet is updated or new

fields have been added to the sheet is updated or new fields

have been added to the sheet, it does not affect or change

the content present in other cells of the spreadsheets.

Microsoft Excel is also very popular among professionals

from science background as it allows them to easily work

with statistical formulas and graphing. As for basic

financial accounting, small and mid-sized organizations make

use of MS Excel spreadsheet software for carrying out their

accounting activities. They can create a basic accounting

program or checkbook ledger that allows them to keep a track

of the organization’s financial transactions. Melissa James

(2015)