What is the best commercial (no freeware) Excel for bookkeeping and financial reports?

Posted on 2012-08-26
Medium Priority
Last Modified: 2012-09-09
What is the best commercial (no freeware) Excel for bookkeeping and financial reports?

An accountant made the financial report in Excel for me for the closing of accounts, and said he could customize a "bookkeeping-Excel" for me that would be much easier to use than any accounting software.

However, I wonder if there is any bookkeeping-Excel available to buy online for download?

The layout I am looking for is double-entry system and the bookkeeping and financial reports (bank and cash ledger, expense ledger, income ledger etc.) should be in this same Excel. So that I get a double-entry bookkeeping system and immediate creation of the ledgers/financial reports. And also good overview of cash-flow each month.

I think these tasks are easier to handle in Excel than in any accounting software for a non-accountant.
Question by:hermesalpha
LVL 38

Accepted Solution

puppydogbuddy earned 2000 total points
ID: 38336982
Unless your business is very small, I think it would be better if you used a widely used complete accounting package like Quickbooks, which is integrated with Excel to the extent that it enables you to export any QB report in excel format.

If your business is small and you are determined to use an excel based accounting system, here is one for $20 that appears to be pretty sophisicated.


Author Comment

ID: 38342394
Really a valuable link for me, thanks puppydogbuddy! My business is small so Excel will be so much easier for me to use.

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