Having the data in the excel has its own pros and cons. Having the data in the right database platform is very important.
I hope you have experienced this in your daily workplace.
If you are maintaining the data in some other sources, you may not get all the formulas, date & time format correctly. Having the data in excel will make life easier for you because excel is such a powerful tool where we can play with the data all the time. Excel is a combination of rows and columns, and these rows and columns store our data which in other terms are named as records, as excel is the most common tool we store the data in excel which makes it as a database, when we put data in excel in some form of tables in rows and columns and give table a name that is a database in excel, we can also import data from other sources in excel given the format of the data is in proper with the excel format.