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Microsoft Excel

The original spreadsheet for CA firms: working papers, reconciliations, MIS and data analysis, with Copilot and a free web version

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About Microsoft Excel

What is Microsoft Excel?

Microsoft Excel is the spreadsheet most CA firms run on, used for working papers, bank and GST reconciliations, trial balances, MIS reports, depreciation schedules and client trackers. It comes as desktop apps for Windows and Mac, mobile apps for phones and tablets, and Excel for the web, which is free for anyone with a Microsoft account.

Excel files can be saved to OneDrive and co-authored in real time, so several people can work on the same workbook at once. Free templates cover invoices, budgets and calendars. Copilot in Excel, included with Microsoft 365 plans that have Copilot, helps analyse data, build formulas and create charts and tables from plain-language prompts.

Who is Microsoft Excel for?

  • CA firms preparing working papers, reconciliations, schedules and MIS reports.
  • Accountants who exchange Excel files with clients, banks and auditors.
  • Anyone who needs advanced formulas, pivot tables and data analysis.

What type of software is Microsoft Excel?

Microsoft Excel is listed under Office Tools.

What are Microsoft Excel's core capabilities?

  • Spreadsheets: Formulas, pivot tables, charts and data analysis for working papers and reports.
  • Everywhere: Desktop apps for Windows and Mac, mobile apps, and free Excel for the web.
  • Collaboration: Save to OneDrive and co-author workbooks in real time.
  • Templates: Free templates for invoices, budgets, calendars and trackers.
  • AI: Copilot in Excel for analysis, formulas and visualisations.

Answers above are based on Microsoft Excel's website, read on 29 Oct 2026.

Who makes Microsoft Excel?

Microsoft Excel is made by Microsoft and is part of Microsoft 365.

What CAs are saying about Microsoft Excel

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Key features

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    • ?Free VersionA free version you can keep using, such as a web or reader edition.
    • ?Web AppUse it in a browser without installing anything.
    • ?Desktop AppInstall it on Windows or Mac.
    • ?Mobile AppsUse it on Android and iOS phones and tablets.
    • ?Offline AccessKeep working without an internet connection.
    • ?Cloud Storage & SyncFiles and data are saved online and synced across your devices.
    • ?Real-Time Co-EditingSeveral people can edit the same file at the same time.
    • ?Comments & Track ChangesLeave comments, assign follow-ups or track changes for review.
    • ?Sharing & PermissionsShare with colleagues or clients and control who can view, comment or edit.
    • ?Version HistorySee earlier versions of a file and restore them.
    • ?TemplatesStart from ready-made templates for invoices, trackers, letters and more.
    • ?AI AssistantBuilt-in AI such as Copilot or Gemini to draft, analyse or summarise.
    • ?Microsoft Office File SupportOpen, edit or convert Word and Excel files.
    • ?E-SignatureSign documents or request signatures electronically.
    • ?Reminders & NotificationsGet reminders for tasks, due dates or events.
    • ?Business PlansPaid plans for firms with business email, admin and more storage.
    • ?Admin & Security ControlsManage users, devices and data security centrally.

    Sources