Spreadsheets are ideal for financial data, such as your checking account information, budgets, transactions, billing, invoices, receipts, forecasts, and any payment system.
A spreadsheet program such as Microsoft Excel is specifically designed for creating, managing and presenting information in tabular format. A new spreadsheet is simply a large table with blank cells in which the user can enter information. Spreadsheets are more versatile than word processors in terms of their ability to manipulate large numbers of rows and columns of information. For example, spreadsheets can convert data in tabular format to detailed pie charts, line charts or other types of graphs.