Sabine N Konig. Spreadsheet Templates. November 19th , 2017.
However, in my experience, the use of proprietary accounting software can have some drawbacks for new and smaller businesses.
Firstly there is the issue of cost. Accounting software is relatively expensive and an annual maintenance contract is often required, which can add significantly to the cost.
One of todays alternative to handwritten ledgers are, Accounting or Bookkeeping Spreadsheets. You can easily set up your bookkeeping spreadsheet to record and analyse your business transactions, you arrange your data in columns and rows, and, using the spreadsheet functionality, all of your totals will simultaneously calculated.
Is there a solution? There appears to be little choice for many small businesses (those with less than 100 transactions a month). The requirement is for an inexpensive, easy to use, easy to set up and easy to understand bookkeeping template system.
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