When it comes to producing financial statements and reports in Excel, here are a few formatting rules that may help the reports appear more professional. ... to perform in-depth analyses more easily.

Microsoft Excel and Microsoft Access both store data used to write a financial report. However, Excel has more built-in options for quickly generating a report from a small amount of financial data.

Microsoft Excel offers a wealth of pre-built templates that simplify this process, providing a quick and efficient way to track income and expenses.

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers ...