Spreadsheet Templates. Sunday , January 28th , 2018 - 19:42:46 PM
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.
The first in this series of four articles was How To Create Brilliant Spreadsheet- Planning Vs Implementing The 80/20 Split.
However, this method is no better than handwritten records, it is still prone to errors which may go unnoticed, and if no reconciliation procedures are carried out, then your data will be inaccurate and misleading.
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