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Excel question (double entry book keeping)

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Afternoon people

Can I use excel for double entry book keeping.

I'm thinking of dragging my work system into the 21st century, and was wondering how I would go about it.

It nearly killed us when implmenting sage payroll so any help is much apprciated :rofl:

also any links to guides would be super cool :cool:

TBH it might be less hassle to use the most basic of the sage accounts package??

Cheers

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Good point

I'll have a look on there website whilst in work tomorrow..................Nice one

Yes, in principle, but frankly I'd rather use a specialised accounts package, because that will make life much easier come audit time, if nothing else.

Since you already use Sage Payroll, I'd agree that Sage Accounts has to be the way forward.

BTW, I've an HND in Computing and Business Studies.

  • Author

Jesus Ken is there anything you aren't good at:)

Ball games, and actually performing music.

  • Author
because that will make life much easier come audit time, if nothing else.

Your telling me I'm just going through the last years worth of books now with my adding machine and pencil looking for £2's and the like. To be quite honest it's a bit of a grind. I assume sage will add up and tell me if I need to correct anything to save myself this headache

  • Author
Ball games, and actually performing music.

:rofl::rofl:

The truth comes out

It can be done, but would be a pain in the backside really. With some basic training, a basic sage accounts package would be better.

[from someone who uses sage to do accounts, etc on a regular basis. ;))

Also sage allows you to run sales and purchase ledgers with relative ease. :cool:

Your telling me I'm just going through the last years worth of books now with my adding machine and pencil looking for £2's and the like. To be quite honest it's a bit of a grind. I assume sage will add up and tell me if I need to correct anything to save myself this headache

Jason knows much more about it than I do, but basically yes. A specialised accounts package, when set up, will sort out customer accounts, credit control if required, trial balance, a balance sheet and profit & loss accounts pretty much automatically. Saying which, you'll still have to chase down things like self-compensating errors and possibly payments not "through" manually.

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