Spreadsheet Templates. Sunday , April 08th , 2018 - 18:26:37 PM
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.
Also, just imagine the amount of paper you would be using all year round just to store all of those data and numbers. You can do Mother Nature a good turn by switching to using electronic spreadsheets instead of manual options.
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.