The accounting format in Microsoft Excel 2010 is very similar to the currency format---both display the currency symbol next to every number. But the accounting format has a few differences that ...

How to Use Excel for GAAP Accounting. The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records.

Despite the rise of cloud-based accounting platforms with automation and built-in compliance features, Excel remains a go-to choice for many.

Debate has raged about the efficacy of Excel since Microsoft launched it in 1985. The Wall Street Journal ignited a firestorm of discussion with its November 29 article that questioned whether Excel ...