I’m curious to learn what types of Excel tasks are typically performed in bookkeeping, especially since most accounting functions can already be handled using software like Xero and QuickBooks.

Understanding Excel’s Role in Bookkeeping: Seeking Insights

In the ever-evolving landscape of Bookkeeping and Accounting, the reliance on software solutions like Xero and QuickBooks has become increasingly commonplace. However, many professionals still find themselves pondering the specific Excel tasks that remain relevant in this digital age.

Recently, I had the opportunity to interview for a Bookkeeping position where the topic of advanced Excel skills came up. While I have a solid background with QuickBooks and Xero, the interviewers did not clarify the particular Excel functionalities they expected. This has left me with questions about how Excel fits into daily Accounting practices when modern software already covers most needs.

I am reaching out to the community for insights into this topic. What types of Excel tasks add value in a bookkeeping setting, despite the extensive capabilities of current Accounting Software? Are there specific formulas, pivot tables, or data analysis techniques that are commonly utilized?

Additionally, I would greatly appreciate any offers for guidance or the possibility of a brief Google Meet session for a more in-depth discussion. Leveraging your expertise could make a significant difference as I actively seek new employment opportunities. Any assistance or insights that you could share would be invaluable, and I genuinely thank you in advance for your support.