creating something M$ Excel can read?

I want to create a file on linux that is pushed over an apache
connection that excel can open, read, process, etc. This file
is full of monthly project, time *** type data. I suppose I
could use the Visual Basic for Application, but I'd rather not.
Is there some way to generate a file on linux that contains
formulas, formatting, etc, that can be read by Excel?

Mike

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