Without wasting much time, let\u2019s dive deep into why you should get rid of the Spreadsheet and start using an Intuitive Software like Intuit Quickbooks. <\/p>\n\n\n\n
Let\u2019s face it, working with Excel formulas is complex and prone to error. A simple mistake in accounting can put your whole business in disarray. As opposed to excel, accounting software does all the calcultations for you automatically which is to your advantage helping you save time and effort. Even if you aren\u2019t an accounting expert, you can still use a Software like Quickbooks since it is user-intuitive and very easy to use. <\/p>\n\n\n\n
Excel\nSpreadsheets are susceptible to fraud as it is very easy to change and update\ninformation on these sheets. Further to that, it\u2019s very difficult to track who\nmade the changes which mean anyone can change information when they feel like\nit. Accounting Software, on the other hand, maintains an audit trail helping\nyou track who made the changes and at what time which will be to your\nadvantage. <\/p>\n\n\n\n
Making\nerrors in Excel Spreadsheet particularly when you are using them for your\naccounting is very easy. And when the errors are made, tracking them down\nbecomes difficult as Excel does not leave a trail. With software like\nQuickbooks, the story is different, you can track down changes live as they are\nmade which means you can identify errors with ease. <\/p>\n\n\n\n
With the\nZimbabwean economy requiring businesses to diversify, this means your business\nwill have to increase it\u2019s income streams. And each income stream in most cases\nwill require you to have a separate spreadsheet for it. This makes tracking and\neven storing your information difficult as your income streams increase. With\nAccounting software, you can just set up a different account to manage your\nvarious income streams and the data is automatically saved in the system. <\/p>\n\n\n\n
With\nExcel, there is no double entry system for making your important calculations.\nYou will need various workbooks for managing your accounting which will make\nthings complicated for you. With Quickbooks, once you record a sale, everything\nis automatically recorded for you. This means with a click you can generate\nyour reports. <\/p>\n\n\n\n
Excel\nbackups have to be set manually and they are only done on the local machine.\nThis is bad for business because computers can get stolen or in other\nconditions, crash. Unlike with cloud based accounting software where backups\nare saved in the cloud for future use, with excel, once a file is lost, there\nis no getting it back. <\/p>\n\n\n\n
Excel and\nother spreadsheet software cannot compute statements and reports. The process\nis manual and can cause you to lose up to 130 hours of productivity each year.\nWith accounting software like Intuit Quickbooks, you can generate your\naccounting statements in one single year which is great and to your advantage. <\/p>\n\n\n\n
If you\nwant to get a headache, try tracking your invoices in a spreadsheet. This is\noften a process that will make your head boil and give you headaches. In accounting\nsoftware, you can just go to your invoices to get an overview and track them\nout with ease and this is done in rapid response. <\/p>\n\n\n\n
Excel,\nheadaches and programming often go hand in hand. If you want to wake up in the\nmiddle of the night from a \u2018formula nightmare\u2019, then try to compile financial\nreports with excel. The headaches are enough to have a grown man drip in sweat\non the coldest day in the Zimbabwean winter. Excel requires programming\nexpertise especially if you need it for financial reporting. Formulas, filters,\ndata connections, etc. make setting up a spreadsheet to cover your basic\naccounting needs a nightmare.<\/p>\n\n\n\n
A good\nhacker can hack a spreadsheet at most in 5 minutes. Imagine that? It only takes\n5 minutes to ruin your business and expose your finances if you are using\nexcel. This is why you need to use accounting software as it keep your files\nsecure due to 256-bit encryption. <\/p>\n\n\n\n
There are\nother advantages to using accounting software like Intuit Quickbooks Online\nespecially if you are a business operating in Zimbabwe. You can get in touch\nwith us to learn more about our Accounting software for enterprise needs. We\nare a licensed Intuit Quickbooks Reseller in Zimbabwe. <\/p>\n","protected":false},"excerpt":{"rendered":"
Without wasting much time, let\u2019s dive deep into why you should get rid of the Spreadsheet and start using an Intuitive Software like Intuit Quickbooks. 1. Excel is Complex Let\u2019s face it, working with Excel formulas is complex and prone to error. A simple mistake in accounting can put your whole business in disarray. As…<\/p>\n","protected":false},"author":5,"featured_media":1941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n