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How to Use Excel for Banking

Updated February 21, 2017

Microsoft Excel is a spreadsheet software in the Microsoft Office Suite. Spreadsheets are beneficial for creating documents where numerical calculations are required or lists must be organised according to category. You can use Microsoft Excel templates to manage a household budget, create a business invoice or maintain an address book. You can use Excel to manage your bank accounts either by downloading your banking transactions or working with a template. Download a Microsoft Excel template for account management that will allow you to reconcile your bank accounts on a monthly basis.

Click "File" then 'New' from your Microsoft Excel main page. Select "New from Template."

Search 'banking' or 'bank account' then click OK. A list of template options will appear. Choose a template that best matches your spreadsheet needs. If you are using a version of Excel older than 2000, you may have to perform an online search to expand your template options.

Choose your template, then click 'Download.' Enter in your personal data and begin your account management.

Tip

Always read the instructions for any template you download to account breaking important formulas. The instructions may also include shortcuts that can greatly simplify your user experience.

Warning

Templates created by members of the Microsoft community are not guaranteed by Microsoft and should be downloaded at your discretion.

Things You'll Need

  • Bank account
  • Microsoft Excel
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About the Author

Lanae Carr has been an entertainment and lifestyle writer since 2002. She began as a staff writer for the entertainment section of the "Emory Wheel" and she writes for various magazines and e-newsletters related to marketing and entertainment. Carr graduated from Emory University with a bachelor's degree in film studies and English.