To be a micro-entrepreneur is to end up with not one hat but many. It is as much necessary to know how to be good in your professional activity as to know how to manage your professional contacts, do accounting or even be a good salesman, which ensures you a flow of customers necessary for your company. So, to make life easier, should the micro-entrepreneur opt for Excel or accounting production software? We try to take stock.
The necessary monitoring of your accounts
You have regular expenses related to your activity, just as you have regular bills to pay. Already there, you are faced with a time-consuming activity that takes time away from your core business. And what comes to impact your working time represents a source of income in less. However, you cannot ignore accounting. This is why accounting production software or more general public software is necessary in order to make your life easier.
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Accounting production software, the principle
Even if they are not new, there are more and more accounting production software like the Pennylane software. The interest of these solutions is to provide an all-in-one solution to small and very large companies. You can do everything there, from registering and paying a simple invoice to creating and monitoring your supplier file, for example. This software also has a decision-making scope since it allows you to extract all the recorded information at a glance and keep only the most relevant for an analysis or a report.
All the data being processed in real time, you follow without loss of time all your cash flow, your invoices, reminders and related payments. In connection with your accountant, the platform of an accounting production software saves time, simplifies processes, makes them more efficient.
Their adaptability makes them interesting in many sectors both for an accounting firm and for a start-up, an e-commerce or the catering trades. As a micro-entrepreneur you will probably never use all the possibilities of software like this. But what does it matter since they adapt to your needs and the prices are often calculated according to the level of use you have of the program.
Excel, la solution simple
The use of such a complete software can remain impressive in the face of its activity. When you only work with a few customers, when you have no raw materials to buy or when you sell a service, it is obvious that such a complex solution does not seem relevant.
The right solution may simply be to use Excel. The famous spreadsheet is actually incredibly powerful when you take the time to try to make good use of it. And if we cannot expect the same interactions from it as for an accounting production software, it is in fact more than enough for a micro-entrepreneur.
Doing your accounting with an Excel table does not even require spreadsheet management skills. It can also impress as there are so many possibilities. But what you ask yourself as questions to manage your cash flow with Excel, others have asked them before you. And so you won’t struggle to find pre-designed spreadsheets that you just have to customize.
Between accounting production software and Excel, it is above all a question of the size and complexity of the accounting of your micro-enterprise. We let you be the judge.
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