Software based on excel spreadsheets, Simple Planning- simple accounting is actually very simple for beginners and small businesses. It is totally designed on an excel spreadsheet. On its home page the summary of monthly expenses and incomes can be viewed and analyzed. Even yearly expenses and incomes can also be captured. It even has an option for creating invoices for different transactions.
Being Excel spreadsheet based accounting software, recording of expenses and revenues is quite easy and user friendly. Each function also has helped to instruct the user the missing links, if any. Just like any other software it has links towards creating invoices and others. Expenses can be categorized and descriptions for all categories are available.
Reports are also user friendly, but they cannot be formatted as required. It is best for those users who has a minimal amount of knowledge about accounting rules and regulations. Customers can also be tracked through its separate interface. Details about debtors and creditors are easily available. Customer’s sheet is auto populated through the invoice sheet. In a nutshell, Simple accounting is a basic accounting software to fulfill the need of the novices to their utmost. Printing reports through PDF or creating invoices, it fulfills all the basic need of accounting.