Spreadsheets - Google Sheets or Excel - have a steep learning curve and you have to essentially start from scratch. Even if you use a readymade template, there are complex formulae to be swallowed and consequently third parties need to be involved. It is harder and time consuming to analyse your data.

An accountant or a bookkeeper will take responsibility of doing the books, but you miss out on insights into your financial well being. As Johnny Chen of Juno Power would put it "you are not hands on with accounting".

Having an accounting software gives you power in your hands. Accounting softwares speak language you understand or can pick up in a short time. They come with built in analytic functionalities and beautiful set of ready to use reports. Your store data is no longer alien to you. Here is a glimpse of the magic a good accounting software can create: