Click on 'Insert,' again at the top of MS Word. When the menu appears, let your mouse arrow hover over 'Picture.' Here you'll have several options. You can create your letterhead on the fly using some of those options. However, for our purposes we'll opt to choose 'From File,' since we already have a ready graphic. Click on the option, 'From File,' and a dialogue box opens. Locate your graphic and then click on it and then click the 'Insert' button. Your graphic will then appear inside the dotted box.
Moreover, you can also use Word templates for letterheads, invoices and even for monthly business reports. This is because it is integrated with other Microsoft Office programs such as excel. This way, you can import graphs and other objects necessary for completing a well formatted report. There really is a long list of uses for Microsoft Word. You will certainly find it useful whether you are a student, a professor, a businessman, a home maker or whoever you are from whatever industry.