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by daemon13 4613 days ago
Interesting, actually what you mention is not an accounting per se, but I agree with you, specifically

>> 1. Pre-processing data for the entry.

For this specific example if the accounting package does not support certain depreciation method (which rather rare), you can easily do this in Excel, both for financial modelling purposes and as a supporting document for the accounting entry.

>> 2. Post-processing data.

What you describe is not accounting. This is financial and management reporting. Yes, Excel is what is used by most everyone.

Good points.

1 comments

Perhaps I have a more expansive definition of "accounting" than you ;-) I do agree that Excel is not and never should be a primary tool for bookkeeping.