We totally understand excel is great when just starting out. What it does for a business in the beginning;

• Saves on cost of purchasing accounting software
• Easy to setup for tacking - by worksheet, tabs, other standard functions
• Has easy to access analysis tools

These are all the pluses, and there are points of failure as well.

• Easy to over-write data
• Accidently save and over-write the file losing all data
• Analysis tools required to be run over and over again based on data sets

To truly learn how excel is just a tool...

Take a listen, to this weeks episode.