Money in Excel enables users to get a better understanding of their incomes and spendings

Microsoft adds money feature to Excel. Source: shutterstock.com

Microsoft has announced the launch of a new app called Money in Excel through the partnership with Plaid fintech company. This way, users can securely connect their financial accounts, import the data within them and sync balances and transactions over time.

The companies revealed that the feature simplifies the process of managing, tracking, and analyzing transactions. To do so, users need to link their bank and credit card accounts to Excel.

In addition to that, the ‘Monthly Snapshot’ feature provides personalized charts and graphs that compare a current month’s spending with a previous one as well.

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