Excel Bookkeeping (Monthly)

As you may have guessed from the name, Excel bookkeeping is the systematic way of managing your businesses’ finances like transactions, expenses and income using the software program ‘Microsoft Excel’. Although many don’t consider Excel as an accounting software, if you have a small business that requires basic financial records to be managed monthly, then bookkeeping on Excel is the best option for you.

Although excel can help in basic bookkeeping, it can be time-consuming and mind-boggling. Here is where Affotax comes in to help you utilise Excel for bookkeeping to accurately and efficiently record and manage your business’s finances. Check out our packages and the benefits of our bookkeeping in Excel service below. Get a quote today!


Excel Bookkeeping (Transactions <500 per month)

This package covers the essentials for accurate monthly bookkeeping with transactions <500 per month using excel template, ensuring organized records and real-time financial insights.

Package includes:

  • Monthly recording of transactions on excel
  • Bank and credit card reconciliation
  • Financial statement preparation and reporting

£69

Excel Bookkeeping (Transactions <1000 per month)

This package covers the essentials for accurate monthly bookkeeping with transactions <1000 per month using excel template, ensuring organized records and real-time financial insights.

Package includes:

  • Monthly recording of transactions on excel
  • Bank and credit card reconciliation
  • Financial statement preparation and reporting

£49

Benefits of Our ‘Excel Bookkeeping’ Services:

 Effortless Financial Tracking: By using our Excel bookkeeping service, you can keep track of your company’s finances easily.

 Data Security: Put your trust in Affotax as we manage your financial data securely and with confidentiality.

 Excel Expertise: Our expert team of Affotax has years of experience in Excel bookkeeping and will professionally manage your finances. 

 Personalised Support: We offer personalised support and guidance to our clients throughout the Excel for bookkeeping process. 

 Time-saving: Our bookkeeping on excel spreadsheets saves you time and resources so you don't have to fret about the complexities of Excel bookkeeping.

Maintain accurate financial records efficiently by choosing our ‘Excel Bookkeeping’ service and reach new heights of comfort and success – get a quote today! 

FAQs:

1. What is Excel bookkeeping and can you do bookkeeping in Excel? 

Bookkeeping on Excel refers to the recording and organising of your financial transactions, expenses and income of your business with the help of Microsoft Excel. It is a simple and cost-effective way of managing your small business' finances easily. Although it is possible to do bookkeeping on Excel, it could be time-consuming and hectic – Affotax happily takes the burden off your shoulders. 

2. What are the benefits of using Excel for bookkeeping? 

Microsoft Excel is not considered accounting software but it can be helpful for those who want to manage small businesses' finances. You can easily record transactions in Excel with its multiple valuable features. Moreover, charts and other graphical presentations can be created with it and you can track invoices with it too. 

3. Does Excel have a bookkeeping template? 

No, Excel does not have a built-in bookkeeping template but you can either download one or create one for yourself for accuracy.

4. How to set up an Excel spreadsheet for bookkeeping?  

To set up an Excel spreadsheet for bookkeeping, first you have to create a separate sheet for each category or account you want to record, like the sales, expenses and assets. Do not forget to create headers for each column and then input all the relevant financial data, like the date, description and amount. Finally, it is time to use formulas or simply copy and paste to aggregate the information and generate financial reports or statements. 

5. Which is better Excel or QuickBooks? 

To evaluate whether Excel is better or QuickBooks, we have to look at what our specific needs are. The bookkeepers consider factors like the complexities of the accounting needs, the size of the company or business, the cost and availability of software, and which of the following is not hectic. They also see about the specific features offered by the platforms which could be beneficial to the business like the inventory management, invoicing, and financial reporting, etc, only then it is decided which software or platform is better.

6. Can I customise the Excel Bookkeeping Services to meet my specific business needs? 

Yes, you can customise our ‘Excel bookkeeping’ services according to your specific needs because we prioritise our clients’ satisfaction. 

7. Is bookkeeping on Excel time-consuming? 

Yes, bookkeeping on Excel can be time-consuming and hectic as manual input and calculations are required for correct bookkeeping. We at Affotax provide a simplified solution to your business’s needs with our Excel bookkeeping services. 

8. How do I get started with your Excel Bookkeeping services? 

Choose the best package that you think offers solutions to your businesses’ requirements or if it does not, simply contact us to customise the package according to your needs. Follow the instructions to buy the package and Affotax’s expert team members will join you shortly to assist you. 

Have more questions about our Excel Bookkeeping services? Contact us! We are dedicated to helping your business reach new heights of success and offering you comfort through our online services – get a quote now!

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