Understanding the Role of Excel in Bookkeeping

As technology continues to revolutionize the Accounting sector, many tasks once managed manually are now streamlined through intuitive software platforms like Xero and QuickBooks. However, a question often arises: what is the relevance of Microsoft Excel in the realm of Bookkeeping?

Recently, during a job interview, I encountered a question regarding my proficiency with Excel. While I am comfortable using Accounting Software, the recruiter didn’t delve into the specific Excel skills that might be required for the role. This gap in understanding has left me eager to uncover how Excel integrates into modern Bookkeeping practices.

I’d love to hear from experienced professionals in the field: what Excel tasks are commonly performed in Bookkeeping? Are there functions, formulas, or data management techniques that are essential for an accountant to master alongside Accounting Software?

If you can offer any insights or perhaps guide me through a virtual meeting—like Google Meet—it would be incredibly helpful. I am currently seeking new job opportunities, and any assistance or advice would be immensely appreciated. Thank you for your support!