When your small business is new, a simple spreadsheet may be all you need to keep track of daily receipts and purchases. However, as your business grows, spreadsheets may not be sufficient, potentially leading to costly bookkeeping mistakes. Advanced accounting software like QuickBooks™ simplifies every aspect of your finances, but transitioning from spreadsheets can seem daunting. The tips below will simplify the process so you can enjoy the benefits of dedicated accounting software.

Transitioning from Spreadsheets to QuickBooks

Migrate Your Data

QuickBooks and other accounting software packages will automatically enter your spreadsheet data, so you won’t have to deal with manual entry. However, most software suites expect data to follow a certain format, so you might have to edit your spreadsheets before importing information. For example, you might have to put your clients’ email addresses after their phone numbers, or change some of your column headings.

Choose the Right Time

While you can migrate to an advanced software package at any time, it’s usually best to do so at the end of your company’s fiscal year. If your accounts are already reconciled and your year-end reports are done, moving to a new bookkeeping software will be easier and less stressful.

Use Your Support Tools

Most advanced software packages include support tools like live agents who will answer your questions, as well as extensive documentation. Hiring an experienced bookkeeping consultant to teach you how to use the software will allow you to get the most out of your investment, with minimal mistakes and headaches.

For over 20 years, small business owners have relied on Roy E. Carter, CPA, PC in Staunton, VA, for detailed advice and reliable accounting and consulting services. As certified QuickBooks specialists, their team has the expertise to help you transition to cutting-edge software that eliminates mistakes and streamlines bookkeeping. Follow their Facebook for more tips and advice. Call (540) 886-6251 or visit them online to arrange a consultation today.