Autosave option is not available in Excel 2021

[Svancell]

I have installed Office Professional 2021 and I've noticed that Autosave is not available for both Excel and Powerpoint. Do you have any idea how to fix it?

[#2]

@Svancell Autosave is only available for files that are saved to OneDrive or into a folder that is synchronized with OneDrive. 

Even then, to see it you may need to check the Automatically Save item in the Quick Access Toolbar dropdown

With that checked, you will see