Sabine N Konig. Spreadsheet Templates. February 11th , 2018.
Accounting Software So, the obvious choice must be to use accounting software. Here, you only need to record your transactions once and all the corresponding entries are performed automatically. This enables you to maintain a check on your customers and suppliers, VAT is dealt with automatically and most systems will prepare a number of useful accounting reports.
The next in this series will be How To Create A Brilliant Spreadsheet- Solid Structuring- Article 3.
Keep it simple. Spreadsheet. Lots of people spend lots of time formatting their spreadsheets that are singing and dancing, having all the bells and whistles you could think of. This a lot of the time looks great to the author of the spreadsheet, but very confusing or just looks a mess to users.
However, in my experience, the use of proprietary accounting software can have some drawbacks for new and smaller businesses.
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