Intro > Basic Instructions for Use -- Simplified to make a point...
We put this oversimplified set of instructions here to show you just how simple this solution can be. More detailed instructions and help are provided. Total time for doing a years worth of accounting for most users should be under 60 minutes no matter your transaction count. (First time through might be longer, but subsequent trips through are likely to be much quicker).
Anyone who's attempted Small Business Accounting intuitively knows a simpler digital solution was missing... and hopefully this will fill that void.
- On the Chart of Accounts Tab, in Column A, setup up your Bank Account list and in Column B make proper assignment (one time setup)
[60 seconds] - On the Chart of Account Tab, in Column C, setup your Inc/Exp/OE list and in Column D make the proper assignment
[0 seconds if you have the proper template for your business, 60-120 seconds if you don't...] - On the Chart of Account Tab, in Column C, at the bottom, review your 9x_ accounts (some education and understanding needed for these)
[30 seconds if you want to make changes] - On the Check or Credit Card Tab, start manually entering Transactions or cut and paste in transactions from downloaded transaction lists.
[8 to 15 seconds per transaction for manual entry]
[3 to 5 minutes per account for a month or a years years worth of transactions if you download them. Corporate credit card accounts are a little more time consuming] - On the Check or Credit Card Tab, assign the Tax Category to each transaction. Sort transactions by payee as opposed to date, and you will realize you can categorize transactions in bulk, and that is one of the things that makes this accounting system smokin' fast compared to your typical accounting system -- this simple bulk transaction categorization system is in fact where some of the real magic happens with this spreadsheet based solution.
[5 to 45 minutes depending on your familiarity with Transaction Categorization] - On the Income Statement Tab, view your Income Statement!!
[10 seconds] - If detailed Transaction Reports are of interest, you can learn to filter your spreadsheet, or you can just go to the Transaction Report Tab, and filter transactions as desired and print reports as needed. This report has some nice formatting, it is fully customizable, and the filtering is faster and easier to use than the native Google Sheets filtering systems.
[10 seconds]
Anyone who's attempted Small Business Accounting intuitively knows a simpler digital solution was missing... and hopefully this will fill that void.