In this episode, host Molly Beyer takes us back to basics to talk about spreadsheets. The basics are often where the most powerful shifts happen, so it’s an important look back. Spreadsheets for bookkeeping are used as either a supplement to accounting software or as a full-on substitute. Molly unveils the reasons why she believes a good ol’ spreadsheet can give a level of control and customization that sometimes the best software can’t match.  

Using accounting software where it makes sense is a great idea: the integrations and reporting features are incredible for a growing business. So why also maintain a spreadsheet? Molly gets into detail on four reasons why spreadsheets are beneficial, even if accounting software is also in use: 1. Flexibility and customization, 2. Ease of use and accessibility, 3. Cost effectiveness, and 4. Perfect for simple bookkeeping needs. 

Molly explores the scenarios in which spreadsheets make an ideal supplement to accounting software and why. She points out the things accounting software does well, the things spreadsheets do well, and where a spreadsheet can truly fill in a gap that software might be missing. Most of all, Molly wants to assure business owners who are still exporting QuickBooks into Excel that they’re doing it right. After all, as she says, the best bookkeeping system is the one that will be used. 

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Contact Molly Beyer: 

• MKBeyerBooks.com
• MKBeyerConsults.com
• Facebook: MK Beyer Books
  
  

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