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If you're not using this one tool to do your accounting, your financial records will be complete mayhem

by , 19 August 2014
When it comes to running your company, you need to move with the times. This applies to everything, including your accounting methods.

If you still use separate books and keep them in a locked filing carbonate only you and your account have the key to, your company is on a one way street to accounting mayhem. Those books can get lost and damaged. You may also have a hard time juggling who gets access to the books and when.

That's why you need to use this one tool to do your company's accounting...


Avoid accounting mayhem by doing this

You need to move all of the accounting books and records onto your company. There are thousands of benefits to this including easy storage, records can't get lost and if you save them in the right location you can ensure all the right people can access the accounts whenever they need to.
But I'm not talking about doing your accounting in those books and scanning them. I mean you should use a tool that's probably already on your company computers.
This is the tool I'm talking about.
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Are you spending TOO MUCH on accounting costs?
The truth is you could pay less accounting fees while at the same time prevent fraud, save on tax and Vat costs and keep up to date on changing legislation.

The one tool you should use to do your company's accounting

Microsoft Excel is a brilliant accounting tool you probably already have on your computer. This means you don't need to spend thousands on some fancy new accounting software. 
It's simply a matter of doing exactly what you do on paper, but just in Excel instead.
You can save, edit, transfer data, copy, and create tables and graphs all with a few mouse clicks.
But don't worry, if the thought of using Excel to do your accounting makes you break out in a cold sweat, check out the Practical Guide to Excel. It'll teach you everything you need to know about doing your company's accounting the 21st century way.

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