Preparing Accounting Reports Using Pivot Table in Excel

I can confidently say that this feature in Excel makes you independent from needing an accounting software. Accounting is not just the science of keeping accounts I have come here to create a very simple report using Pivot Table in this report. This report can be expanded significantly. Various charts can be created for it, costs can be analyzed, and deviations from the standard can be assessed. Deviation from the standard is one of the key decision-making items for management, which can easily be determined with an initial estimate