Spreadsheet Templates. Sunday , January 28th , 2018 - 21:19:33 PM
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.
Notwithstanding the above, keeping correct information is vital if you want to run your business successfully and effectively. But, how to do it, and which method to use, is a problem for many new and growing small businesses.
It is easy and inexpensive to use accounting spreadsheets but are they the correct choice for small businesses? We all know that there is a legal requirement to maintain accurate accounting records covering your business transactions. The tax man, the VAT man and a miscellany of compliance regulations means that accurate bookkeeping records are essential.
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