While spreadsheets are commonly used for lists, calculations, and graphs, there are tasks they are not suitable for. Large files (many rows/columns) are problematic in Excel or Google Sheets, as spreadsheets aren’t databases. Handling massive data slows down filtering, sorting, and calculations, especially for multi-year accounting.
In a secure database environment with multiple users, an audit trail exists, unlike spreadsheets, which can be emailed around or saved locally, leading to multiple versions. Users might hide rows/columns or misuse cells, causing unnoticed formula errors.
Spreadsheets lack built-in logic to automatically import current figures monthly and roll budgets and forecasts forward. Manual copying and pasting from accounting is required, and adding new ledger accounts can be challenging.
Daarnaast kunnen gebruikers kolommen of rijen verbergen, of data in cellen invoeren die daar helemaal niet voor bedoeld zijn. Op die manier kunnen formules, soms zelfs ongemerkt, niet goed werken.
In summary, for comparing multiple months and years of accounting with budget or forecast figures, dealing with data volumes, dimensions, versions, and calculations requires a reliable management system. Consider using professional applications for strategic financial analyses to ensure speed, accuracy, and reliability.