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Excel vs Accounting Software

 
 
Reply Tue 13 Jun, 2017 09:46 pm
For small businesses, I am thinking that it is perfectly normal not to purchase an accounting software like quickbooks and use excel instead. On the other hand, there are also a lot of functions that QB would have that are close to compliance reminders. What are other risks of not getting an accounting software for a business?
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roger
 
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Reply Tue 13 Jun, 2017 11:23 pm
@irisalert,
You could probably torture Excel into doing anything an accounting program would do, but if you have more than a couple of transactions per month, messing with the computer will be all you have time for.
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