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Excel: Number Formats

accounting, statistics, excel

It is quite common that we are frequently talking about Excel and that, nowadays, it is one of the most used tools in the office. So, we are going to see why it is so popular and understand why it is one of the most used programs nowadays. Please keep reading on to learn even more.   

History of Excel 

In 1982, Microsoft released Multiplan, one of the first spreadsheets to enter the market, to compete with VisiCalc from VisiCorp, which was the first spreadsheet software for personal computers. 

Although Multiplan could run on multiple computers, the Lotus 1-2-3 spreadsheet that was immensely popular in the 1980s still outsold Multiplan and quickly became one of the most widely used spreadsheets. By 1985 Microsoft put aside its Multiplan product and started working with the first version of Excel. 

In 1987 the second version of Excel is launched. Microsoft launches Excel 2.0, which could run on the Windows platform, and from that moment on, the Excel spreadsheet began its growth and popularity until it became the most used spreadsheet in the world. 

What is Excel? 

Excel is a spreadsheet that allows us to manipulate numerical and text data in tables formed by joining rows and columns. But, wait a minute, a spreadsheet? 

What is a spreadsheet? 

Well, a spreadsheet is what accountants used to use to keep records, this was used long before computers appeared. Spreadsheets in computer programs appeared in the 1960s and were developed to simulate the accounting worksheets that were used at the time, thus automating accounting work. 

What is Excel for? 

Thanks to the advances that Microsoft Excel has had, today we can use this tool for countless things, both personally, professionally, and within any company, which is where we see, that more use or apply the use of this tool. 

Excel is different from other office programs because it allows us to organize data in rows, columns, and by entering numeric and alphanumeric data in spreadsheets. Also, we can perform basic arithmetic calculations or apply mathematical functions of greater complexity and use statistical functions or logic functions in Excel. 

That is why we will give you a brief guide on how to achieve specifically to format numbers in cells (Currency, percentages, decimals, dates, phone numbers, or social security numbers.) 

1. Select a cell or a cell range. 

2. Then, on the Home tab, select Number from the drop-down. 

Or, you can use one of these options: 

3. Select the format you want. 

The Number Formats 

If you want to see all the available number formats, just click in the icon that looks like an arrow next to Number, in the lower right corner, on the Home tab in the Number group. 

 

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