Excel for Accounting It isn't uncommon to utilize Excel for budgeting in which you keep an eye on your earnings and expenses. Along with that, you may also utilize Excel to keep an eye on all your accounts. Excel is a great spread sheeting program and should you already have it on your computer, you presently have the ability to begin your bookkeeping. Therefore, excel plays an essential part in accountancy. Excel for Job Costing Likewise, you may use MS Excel to figure out the cost needed to finish a particular undertaking, together with how much the undertaking will cost you in overall. Regardless of the tools and materials of your job, it can help keep track of things. With Microsoft Excel, you don't have to think about running low on things that you demand.