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This may sound a little unfair. After all, a standard Microsoft installation would include something called Equation Editor. Suffice to say, it wasnt advertised in the promotional videos. Software like Matlab was considered vastly superior and had the added advantage that you could analyze the equations as well. Anyway, the good news is that Microsoft has taken a big step forwards with Office 2010 and its now possible to correctly display formulas in a pretty painless fashion.

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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