Originally Posted by Alex HubRocket
Comes down to how much you value your time at and how long it'll take to complete in excel. With a smaller company, sure, Excel all the way right. But when you're dealing with tens of thousands on a monthly basis it would actually be more cost effective to use an account system (assuming you value yourself at a reasonable rate).
It also depends on your business as yes you could use Sage that will do everything for you, but if you dont use all the features then it is expensive software.
If i had to start using an accounts package then i would chose Sage as i know a couple of management staff with them and if i have problems then it is just a 10 min trip to their offices.