- You need to manually re-enter data from other applications into your financials.
- It takes much time.
- There are errors.
- Unknown impact.
- It takes a lot of time to update the general ledger with journal entries/transactions.
- Unknown how you do it today.
- You must post transactions all at one time.
- You need tow ait until batches are posted before continuing any other work.
- Unknown impact.
- You have one checkbook assigned to multiple cash accounts.
- It is difficult to track cash flow from the checkbook.
- It causes inaccuracies.
- You have to make multiple transactions to transfer funds between checkbooks.
- It takes much extra time.
- Errors are made.
- It is difficult to update checkbook balances with transactions.
- Deposits.
- Unknown how you are doing it today.
- Unknown how do you handle transactions.
- Adjustments.
- You have to set up someone as a vendor to cut a check.
- It takes long.
- To avoid that, you hand write checks.
- That causes you to have to enter multiple transactions to the account for the check.
- It is difficult to reconcile accounts and multiple checkbooks.
- You need to keep another form of books, such as Excel. to make sure the data is correct.
- t takes much time.
- There are inconsistencies.
- You need to make manual adjustments to the general ledger fro adjustments.
- You need to enter multiple transactions.
- It takes much time.
- There are errors.
- It is difficult for you to split retained earnings.
- Unknown how you do it today.
- You need to create multiple transactions and reversing transactions.
- It takes long.
- There are errors.
- Unknown impact.
Costs Spreadsheets to Software