Many a time, I meet business owners who seem to be very comfortable working with Microsoft excel when recording their daily business transactions.<\/p>\n
Moreover, I hear them say something like this:<\/p>\n
I do not need accounting software because my accountant is already using Microsoft Excel and I am very comfortable with the report he sends to him.<\/strong><\/em><\/p>\n If you are one of person who uses this statement to shy away from computerized accounting software, here are 7 dangers you are exposing your business accounting system to:<\/p>\n \u2022If you make an error in your formula, every single calculation done on that spreadsheet will be wrong.<\/p>\n \u2022If you do something wrong then you might have to do the spreadsheet all over again.<\/p>\n \u2022If you do not know what formula should be used, and you use the wrong one, error messages will show and it can take you a long time to figure out what one should be used.<\/p>\n \u2022If you are not familiar with spreadsheets, it can take a long time to adjust to all the formulas, which is very hard.<\/p>\n \u2022Spreadsheets are restricted to a limited number of records.<\/p>\n \u2022May require a large amount of hard-drive space for data storage.<\/p>\n \u2022Cannot create reports like databases.<\/p>\n <\/p>\n If you are looking for a reliable accounting solution to get started in switching from Excel Accounting, put a call across to a consultant on 09092942048, 08175420054 or SEND us your request: info@magnetgroupng.com.\u00a0<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Many a time, I meet business owners who seem to be very comfortable working with Microsoft excel when recording their daily business transactions. Moreover, I hear them say something like this: I do not need accounting software because my accountant is already using Microsoft Excel and I am very comfortable […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1035","post","type-post","status-publish","format-standard","hentry","category-quickbooks"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/1035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/comments?post=1035"}],"version-history":[{"count":1,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/1035\/revisions"}],"predecessor-version":[{"id":1036,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/posts\/1035\/revisions\/1036"}],"wp:attachment":[{"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/media?parent=1035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/categories?post=1035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magnetgroupng.com\/Blog\/wp-json\/wp\/v2\/tags?post=1035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}