LEARNINGS ON IT

APPLICATION TOOLS AND

BUSINESS

8 SLIDES

PREPARED BY:
CHRISTIAN C. PACABIS
 The use of IT Tools or software in
accounting contributes an
imperative role in making financial
reports. This allows accounting
department to utilize their time
efficiently reducing errors regarding
bookkeeping and human
calculations achieving accuracy
and speed in the workplace.
Basing on the matters that has been
discussed in the subject, I gained
knowledge with regards to some of
functions in Microsoft Excel utilized for
accounting purposes.

AVERAGE
MINIMUM
SUM
MAXIMUM
CONCATENATE
EXACT
 AVERAGE
AVERAGE function returns the
average (arithmetic mean) of the
numbers provided. It is the TOTAL
AMOUNT DIVIDED BY THE NUMBER OF
ITEMS INVOLVE. This is categorized as a
Statistical Function.
 MINIMUM

MIN function returns the SMALLEST

VALUE from the numbers provided.
This is categorized as a Statistical
Function.
 SUM

SUM function ADDS ALL NUMBERS

in a range of cells and RETURNS THE
RESULT. This is categorized as a
Math/Trig function.
 MAXIMUM
MAX function returns the
largest value from numbers
provided. This is categorized as a
Statistical Function.
 CONCATENATE
Concatenate is just another way
of saying “TO COMBINE” or “TO JOIN”.
Concatenate function allows you to
COMBINE text from DIFFERENT CELLS
into ONE CELL.
 EXACT

This function COMPARES two

strings and returns TRUE if both values
are the SAME. Otherwise it will return
FALSE.