There are various reasons accountants might want to export a report from the accounting software to an excel sheet, and perhaps the most typical is so that you can quickly calculate measures such as a “Current Ratio” or a “Times Interest Earned Ratio”. Generally, it makes more sense to export a report to an Excel worksheet than to text (TXT) file. Saving a report to a simple text file doesn’t look nearly as slick as choosing any of the Excel [...]