Microsoft Excel is used for various accounting and analytics purposes. In this tutorial, we explain how we used it for Small Business operations in Excel Accounting in a better way.
Accounting in Excel
Small business accounting in Excel is much easier than you think. We can simply use the columns for each expense and income and get the total for each month with an excel formula. We can also create a chart with the data input of expenses and incomes.
Each month is separated by columns and the rows are diversified by revenue and expenses. So you can get overall annual gross income and expenses easily from this excel worksheet. You can also use this excel sheet in google Sheets online.