Move Your Accounting Data into Excel Of course, your business data probably exists in your accounting software or your other small business software, so before you begin you need to get it into Excel.

For business owners who do not have the resources to invest in accounting software, Excel may be a good place to begin keeping accounting records until the accounting software is purchased.

Despite the rise of cloud-based accounting platforms with automation and built-in compliance features, Excel remains a go-to choice for many.