Another advantage to using a spreadsheet application for your budget is that you won't have to access the Internet to access your budget. You will be able to view it or work on it wherever you are and if you typically work on a laptop computer and take it with you when you travel, this can be extremely beneficial. Using budgeting spreadsheets to manage your finances is an easy and affordable way to stay on top of your financial game.
At present, some of the most requested types of spreadsheet packages in the market are: 'Spreadsheets for Small Businesses' and a subset of that: 'Spreadsheets for Actors'.
One user at a time : In the instance where there are a number of people required to work on a spreadsheet, they can only access it when no-one else is working on it.
For pure data analysis, the spreadsheet is, indeed, king. To a point...Despite all of these extremely powerful features, the spreadsheet has limitations, which tend to manifest when you least expect it. Often, Murphy's Law applies and the spreadsheet falls over when you are right in the middle of a major undertaking, like month-end or meeting a tight deadline.