Understanding the Role of Excel in Bookkeeping: Insights and Resources

In the world of Bookkeeping, the tools and software available have evolved significantly, leading many to wonder about the continued relevance of Excel in the Accounting field. While programs like Xero and QuickBooks have streamlined numerous Accounting tasks, the question arises: What specific Excel functions are still pertinent in the Bookkeeping process?

Recently, I participated in a job interview where the hiring team inquired about my advanced Excel capabilities. However, they didn’t provide clarity on the specific Excel tasks I might be expected to perform in the role. Given my background with platforms like QuickBooks and Xero, I’m keen to understand how Excel fits into this picture.

For anyone familiar with the intersection of bookkeeping and Excel, I would greatly appreciate your insights. Are there particular functions, formulas, or tasks within Excel that are indispensable for a bookkeeping role? Perhaps some of you would be willing to share your expertise in a discussion, such as a Google Meet session.

I find myself in a position of searching for new employment opportunities and any advice or guidance on this topic would be immensely helpful. Thank you in advance for your support!