Sabine N Konig. Spreadsheet Templates. November 22nd , 2017.
The next in this series will be How To Create A Brilliant Spreadsheet- Solid Structuring- Article 3.
However, in my experience, the use of proprietary accounting software can have some drawbacks for new and smaller businesses.
Formatting a spreadsheet is something that can be a personal choice in particular colour schemes, or how busy the spreadsheet is, but one should always keep in mind the user, and how easy it is for a new user to follow your spreadsheet. In summary keep it neat, simple and adhere to predefined formats to eliminate any slow down or errors in formulas due to incorrect cell formatting.
In an earlier article Accounting Software - are accounting spreadsheets the answer for small businessesI examined the basic requirements for small business accounting. I concluded that provided good control mechanisms were in place, then a well-designed accounting spreadsheet could be the answer for many small businesses.
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