You can also use Google Sheets, a similar program powered by Google that is completely free to use. If not, it’s available to download for a small fee. You probably already have it installed on your computer.Here are a few reasons you might want to do your small business bookkeeping in an Excel spreadsheet: Excel has a number of useful applications, including bookkeeping. Microsoft Excel has been around for decades but is still used by businesses today because of its accessibility and robustness. Why use Excel for your small business bookkeeping Learn how to do small business bookkeeping in Excel like a professional, and get access to our free Google Sheets and Excel bookkeeping template for small businesses. Chances are you already have access to the computer program. If you’re already a small business owner or just starting your own business, you can save money by using Excel to create a bookkeeping system.
Some businesses choose to hire a bookkeeper or utilize accounting software for their bookkeeping. Having a good system for bookkeeping will help keep your business finances organized year-round. Bookkeeping is the process of recording daily business transactions. Anaging your day-to-day finances is one of the most important tasks of any small business.