Excel Based Accounting Software (100% FREE!)

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  • čas přidán 23. 07. 2024
  • DOWNLOAD HERE:
    www.tetracarbon.com/excel-acc...
    The education edition is available now.
    The small business edition will be released soon!
    Both will remain free, for everyone, forever.
    == ASK PHILLIP A QUESTION ==
    - Facebook / economista (Please post publicly on my wall)
    - Tweet @tetracarbon / tetracarbon
    - LinkedIn / tetracarbon
    -------------------------
    Happy Studies!
    -Phillip

Komentáře • 415

  • @4tun8nanette
    @4tun8nanette Před rokem +13

    I actually understood some of this. Thank you. I have a very small business and I only have 1 client and will only ever have the one client. In the US I'm considered a sole proprietor. I mainly concerned with tracking income and expenses with categories to present to my tax preparer at tax time. Your spreadsheet looks amazing and well thought out.

  • @IsabelRodriguez-nv2ue
    @IsabelRodriguez-nv2ue Před rokem +8

    This is pure GOLD ! Thanks for sharing your system for the benefit of all ! Truly helpful!

  • @bori1977
    @bori1977 Před rokem +11

    Phillip, you tough me more in 15 Min. in accounting that my college professor did in 2 semesters!!!! YOU ARE THE MAN!!! Thank You!!! I can't wait for the what else you come up with.

    • @poparab
      @poparab Před 14 dny

      your professor gives from a lot of science bases the intro, the rest is yours. academic work, is the hardest work.

  • @104Tomcat
    @104Tomcat Před rokem +1

    It looks great to me! My CPA is yelling at me to NOT get QUICKBOOKS, MYOB or ZERO. She advocates EXCEL but I no idea of where to start. You solved that problem for me. Look forward to using it to get started!

    • @Tetracarbon
      @Tetracarbon  Před rokem +1

      Remember. This was intended for educational use rather than seriously supporting a real business.

  • @CV-gX
    @CV-gX Před 6 měsíci +2

    Woooowww when I read books I can't understand but after see this I know the whole process Thankk you very much

  • @user-ej8jn5jy3i
    @user-ej8jn5jy3i Před 8 měsíci +1

    Thank you for your valuable time and knowledge sharing to some of us who does not know how or have the ability to create an excel software to assist us with our small business and importantly without being paid same as others on other platforms..Stay blessed always👍👍 ..

  • @bman8363
    @bman8363 Před 4 měsíci +1

    Phil. I've subscribed. Simply because you've been able to colour code the 'DEALER' accounts.
    This is an Absolutely brilliant way to represent this concept.. Bravo👏
    Thanks mate

  • @tharindurathnayake9345
    @tharindurathnayake9345 Před rokem +2

    Great content mate. Would love if you can guide the way you automated general ledger postings from the general journal. Keep up the good work 👍👍

  • @lynnmercado1087
    @lynnmercado1087 Před 3 lety +5

    This is FANTASTIC! Thank you so much for sharing this amazing tool.

    • @Tetracarbon
      @Tetracarbon  Před 3 lety

      It will get better too! Right now I’m snowed in with research and study, but I have an update soon.
      If you let me know specifically what you want to see in the next version I can adjust it to be more useful to you. But you need to let me know what’s on your mind.

  • @davidogan
    @davidogan Před rokem +3

    Dear Mr. Wong. Thank you very much for developing an Excel-based accounting software that is practical and giving it away for free for the benefits of others, myself included. I appreciate it very much. I live in Europe and am opening a micro business, and after covid not many people have money and things are so expensive that it is crucial to keep track of income and expenses. This is really great. I don't know accounting at all and I hope your Excel software will be able to help me keep the books. I am sure it will. I also hope to learn accounting basics like you stated and perhaps move on to other software. I will learn to use it and give you feedback if there are any. Thank you very much.

    • @UgwuaduEphraim
      @UgwuaduEphraim Před rokem

      Hello guys am about review sure fire system of making atleast 100k -200k monthly as affiliate marketer , affiliate marketing is a process of selling digital product online and get commission ,you don't need laptop to start only your smart phone can do that ,I we give my free mentorship to 20 people that is read to start

  • @emilmisih651
    @emilmisih651 Před 2 lety

    Mr Wong, thank you for effort on this. Appreciate your help.
    God bless you always.

  • @sayamoriyasu
    @sayamoriyasu Před rokem +1

    Thank you so much. Looks like a great option. You should start at the end and say that you need Excel and it doesn't work with Google sheets.

  • @LaneBurdett
    @LaneBurdett Před 3 lety +1

    Great stuff as always Phil!!!!

  • @desiiaviator
    @desiiaviator Před 2 lety

    It's a beautiful effort... Hope to see the commercial version soon...

  • @shabib9127
    @shabib9127 Před rokem +1

    Well done! Phillip. When is your next edition coming up? Looking forward to it

  • @markvalenti7043
    @markvalenti7043 Před 14 dny

    Awesome job! I am sure that took you an unbelievable amount of time in thought, design and production. Well done

  • @NM-gy9jk
    @NM-gy9jk Před rokem +1

    Thank you very much for this tool. I appreciate the amount of detail and time that it likely tool you to create it. Any idea when the updated version, including the Bank CSV import feature + code up → automatically journaled and posted, may be made available? Thank you again.

  • @thomashajicek2747
    @thomashajicek2747 Před rokem

    Thanks for this video and software. I'm pretty good with Excel and could mimic a lot of what you did to customize for my needs like enough rows and accounts to accommodate the amount I need. The only thing I can't get is what formulas you used to make a journal entry automatically add to the ledgers. Can you share how you did that part? Thanks!

  • @lornesmith1963
    @lornesmith1963 Před 2 lety +2

    Great and interesting work. Have you update the system yet or still working on this first session. I have seen the good things about the first session and would like to see the latest one. I am helping my son, an the chart of accounts is larger so I hope it works. is there any reason that some of some exerence csn look st your work. I am over 70 an just like to see things.

  • @SorcerersApprentice-qn7ig

    `You can tell a master at something because they can simplify and explain things easier than the others. You're a master! This is absolutely great and sincere thanks for all you efforts. I'm setting up a charitable trust and have one question ... could you please add a sales tax accounting capability to your accounts system?

  • @charlesm5390
    @charlesm5390 Před 2 lety +1

    GAD this is so good very simple to use its all that i need in my business. may i ask if you have any plans to make it editable?

  • @aravindr8673
    @aravindr8673 Před rokem

    Great Video!!! It helped me a lot to put things together. Thank you for your effort

  • @kramerranch5044
    @kramerranch5044 Před 2 lety

    I'm excited to try this! Thank you!

  • @omsorg4alle
    @omsorg4alle Před 5 měsíci +1

    Thank you so much! This is amazing, I am helping a small church and they were on quicken. This is so much better. I like what you intend to add, are you thinking about the ability to reconcile? You are a wonderful person to do this😊

  • @sathyanarayanansatagopan9069

    Thank you sir. Please explain how to use standard formula for totalling date-wise debit and credit columns and balance in next line, like cash book in tally.

    • @tesfalemzekarias8723
      @tesfalemzekarias8723 Před rokem

      Sir. please how to use standard formula for totaling data wise debit and credit columns and balance.

  • @piclic199
    @piclic199 Před 2 lety

    This is awesome Phillip, do you have a version for eCommerce to track Inventory, Sales and Purchases ???

  • @swagman9203
    @swagman9203 Před 3 lety +4

    Great work Phillip. I started working on something in Excel to try and replace the ATO's e-record software after they withdrew it and left a lot of small businesses and not for profits in the lurch. Sadly other commitments put a stop to that. This looks really interesting, thank you.

    • @Tetracarbon
      @Tetracarbon  Před 3 lety +5

      There is a lot more that needs to be done to get this to the ATOs level of functionality. But I’m working towards that direction

    • @Tetracarbon
      @Tetracarbon  Před rokem +1

      Lol. It’s set up as a sole proprietorship.
      You are talking about corporate accounting.
      But you go ahead trash talking about my knowledge while spreading missinformation.

  • @ablefabian536
    @ablefabian536 Před 10 měsíci +1

    Hi phil, great work! when are we going to get version 2?

  • @anthonysantamaria4213
    @anthonysantamaria4213 Před rokem +1

    A lot of small businesses especially those with simple payroll will benefit from this simplified app. I will be interested in a version with no limit on entries so I can import old records for longitudinal study. CSV import should be simple but if an import destroys cells with formulas may be a problem.
    There is little joy in reinventing the wheel so it would be great to know when a commercial version will appear?

  • @bonniecurrie5452
    @bonniecurrie5452 Před rokem +2

    I love the look of your double entry accounting software and would like to start using it. How do I get the program and when is the Small Business edition going to be released? Thanks so much.

  • @peterashley4234
    @peterashley4234 Před rokem

    Well done, will certainly have a good look at your work!

  • @eoindale1966
    @eoindale1966 Před 2 lety

    Philip - tried 3 times to download mithout success - pity cause its great

  • @hassaanalwani9472
    @hassaanalwani9472 Před rokem +1

    Hi sir,
    Congrats on this successful project of yours!
    Can you pls guide us on adding more accounts , that would be great .

  • @AdeelKhan-km7ge
    @AdeelKhan-km7ge Před 2 lety

    HI, sir your Accounting System is very use full. so i have one question in terms of how to insert chart of accounts rows or new account add please simplify for me thanks and appreciated

  • @accmasmali
    @accmasmali Před rokem +1

    i really liked this, this is wonderful

  • @tamajoseph
    @tamajoseph Před rokem

    You' re a legend Phillip thanks

  • @haruka9545
    @haruka9545 Před 6 měsíci

    the free template is very helpful! thank you so much for this!

  • @ConamaraCounty
    @ConamaraCounty Před 3 lety

    Can't wait for the more commercial version for VAT registered businesses in Ireland, we have three rates and sometimes four rates and they change ! I like to batch all my paperwork and do it quarterly.

    • @Tetracarbon
      @Tetracarbon  Před 3 lety

      Hi Chris. Give me an email or chat to me on Facebook. So I don't know the Irish tax system as I'm an Aussie accountant, but I'm happy for the system to adapt. In Australia our GST (VAT) is only 10%. It's either 10% or 0%.
      The education version as you have it is really to teach student's the mechanics of debits and credits. A system that does exactly want will need some modification. It's possible, but I'd have to think about how to implement it. =)

    • @Tetracarbon
      @Tetracarbon  Před 3 lety

      Hi Chris. I’m about to email you the Beta Commercial version.

  • @karenbuchert3377
    @karenbuchert3377 Před 5 měsíci

    Wow! This looks great! Thanks!

  • @moshawqy
    @moshawqy Před 4 měsíci +1

    Hey mate, you’re a legend

  • @marklavan4083
    @marklavan4083 Před 2 lety

    hi Phil so excited to try this but when I tried to open on excel on a Mac it was broken, looks amazing

    • @Tetracarbon
      @Tetracarbon  Před 2 lety

      Try using Excel online.
      Also, there is no VBA. So Mac should work. It might be that you just have an older version of Excel perhaps?

  • @inavlas3270
    @inavlas3270 Před měsícem

    Thank you for making peoples life easier🤗.

  • @sherriklennert1368
    @sherriklennert1368 Před 6 měsíci

    I am not new to accounting or Excel and I LOVE how you set this up. I AM new to the treasurer position for our school PTO and am excited to use your system. However, when I downloaded your link, it opened in a Read-only file. What do I need to do to gain access? Thank you.

  • @allikamordeen7021
    @allikamordeen7021 Před 2 lety +1

    Pls kindly do a version that can work for microfinance institutions like banks with example pls, thanks for the great job u are doing Philip.

    • @Tetracarbon
      @Tetracarbon  Před 2 lety +2

      If you are running a bank from an Excel spreadsheet, you are just a little bit crazy.

  • @maryamabubakar1175
    @maryamabubakar1175 Před 3 měsíci

    NIce piece i wasnt able to add more rows to my charts of accounts. thank you

  • @jcolddeep
    @jcolddeep Před 2 lety +1

    Great work simple and best

  • @restosealovers
    @restosealovers Před rokem

    Hi Philip, I'm retired and would like to do my personal accounting using your software, have you made your commercial version available? Thanks

  • @ZEYCO_1337
    @ZEYCO_1337 Před 2 měsíci

    Thank you for your help and explanation

  • @jeniferjuan9380
    @jeniferjuan9380 Před 2 lety

    Hi Philip,how can I download your application in accounting system in excel? Thanks

  • @Instantupdatenews
    @Instantupdatenews Před 4 měsíci

    I want to learn basic of accounting but most of accounting software is too expensive that I can't afford anyway tnx for this vedio it serves a great help to me🎉

  • @johnreanernocum6355
    @johnreanernocum6355 Před rokem

    Very impressive! Thank you!

  • @muhammadyasinshaikh6419

    Great work, can I use this software to implement pension accounting

  • @mdariful7506
    @mdariful7506 Před 2 lety

    Great work.....I am from Bangladesh. I am trying to customiszed the system but I can't. Like I want to Insert rows. How can I will do this? May I also get commercial version?

  • @kevindopson8791
    @kevindopson8791 Před 2 měsíci

    Hi Phillip. Thank you so much for your video. Is there a UK version please

  • @chanthyum6825
    @chanthyum6825 Před 2 měsíci

    Thank you, you have share a very good accounting system in Excel. I will use it. I propose you link it to cash flow statement too

  • @waleeswaleed4104
    @waleeswaleed4104 Před 2 lety

    Hello sir i have a restaurant and i want to use this one but i want to add more columns for the journal entry can you help me

  • @matthewfoo6095
    @matthewfoo6095 Před 4 měsíci

    Dear Phillip,
    Firstly, thank you for your generosity in offering the software for free =)
    My questions are:
    1. How do I add rows without affecting all the macros and behind the scene stuff?
    2. In the journal entries, is it possible to sort according to dates?
    3. Is there a small business version that you have fully developed?
    Thank you.

  • @Tarenja50
    @Tarenja50 Před 2 lety

    Hi Phillip. Looks good. Looking forward to the next version. Phillip if I adopt this it will be used mostly to record my business purchases of raw materials and sales of processed product. Will your next version be ably to generate a reports based on a what I purchase from a supplier and sales to a customer? For instance a report of all my transactions with "Supplier 01" from January to June (or any other time period) and a report of the same for a customer.

    • @accountingentrymaster5445
      @accountingentrymaster5445 Před 2 lety

      We provide accounting services. If you really need services click
      czcams.com/video/9aRSFNEsUQ0/video.html

    • @bingyou2567
      @bingyou2567 Před rokem

      Hi Tony, I have a small community group to look after and desperately need something exactly like this to manage the very small amount of in's-and-out's. As mentioned a lot on this thread, unfortunately, the normal email software download method is not working - and hasn't for some time. If I provide an email address, would you be able to send it to me?

  • @vickiellisorlemere4369
    @vickiellisorlemere4369 Před 2 lety +1

    This looks great! I am currently using Quick Books for my husbands business. I have a question about entries in the general. Does the system do split entries? I have a weekly payment that has to be split into a dozen or more ledgers. Can your program do that?

    • @4tun8nanette
      @4tun8nanette Před rokem

      Great question on needing to split entries.

  • @advertisingspire
    @advertisingspire Před rokem

    Hello Phillip, thank you for the great video. do you have any template for service business like digital marketing agency?

    • @Tetracarbon
      @Tetracarbon  Před rokem

      What do you mean by template? Like a chart of accounts?

  • @mariaelenamorinigo3411
    @mariaelenamorinigo3411 Před rokem +1

    Hello. This is great! I have developed something similar for my personal finance.

  • @marcomedina8833
    @marcomedina8833 Před 2 měsíci +1

    Impressive, sir! 🫡

  • @dattamarkad3181
    @dattamarkad3181 Před rokem

    Hi Phillip<
    Thank you for making this excel software.
    I have not received the downloading link after filling the details.

  • @nerenlakhraj5252
    @nerenlakhraj5252 Před rokem

    Hi Phillip ... thank you for this great awesome template as well as your explanation of how to learn Excel Accounting

    • @nerenlakhraj5252
      @nerenlakhraj5252 Před rokem +1

      @Michael Heath ... Not a problem ... Please send your email address

    • @bingyou2567
      @bingyou2567 Před rokem

      Hi Neren. I have a small community group to look after and need something exactly like this excel file. Unfortunately, as mentioned a lot on this thread, the normal email software download method is not working - and hasn't for some time. If I provide an email address, would you be able to send it to me?

    • @Tetracarbon
      @Tetracarbon  Před rokem

      Hey folks. I have had a lot on my plate recently on my personal life. Terminal illness mostly (not me). This project cost me $130 a month to keep the email server going and so I gave up. I promised for free but it cost me a fortune with no source of revenue to pay for it.
      I will get back to you all soon. I’m sorry.
      I’ll releases video when it’s back up with improvements.

    • @reellyfetalk
      @reellyfetalk Před rokem

      @@nerenlakhraj5252 @Michael health Hey guys can anyone of you email it to me?

    • @reellyfetalk
      @reellyfetalk Před rokem

      @Michael Heath You as well Michael if you can send I would greatly appreciate it

  • @user-bw7rk3ke4p
    @user-bw7rk3ke4p Před 7 dny +1

    This is great and Helpful good work...

  • @harjitmutti194
    @harjitmutti194 Před rokem

    Hi Philip - how do I get a copy of your accountancy software please?

  • @videosEmma554
    @videosEmma554 Před rokem

    Hi, when the period ends do i need to open and start filling a new file for the new period?

  • @toddtorres
    @toddtorres Před rokem

    Phillip, there are a few locked cells that I would like to update [jurisdiction, date format, currency]. any chance these can be updated for US users?

  • @rishirajsharma5337
    @rishirajsharma5337 Před 2 lety +1

    Hi phillip I filled out the form but, didn't receive the download link. Thank you

  • @philippusschutte3093
    @philippusschutte3093 Před 2 lety +1

    Sounds very good I will go for it.

    • @Tetracarbon
      @Tetracarbon  Před 2 lety

      If you have questions or whatever, find me on Facebook. I sometimes check Twitter also.

  • @vijayakumar-sb2he
    @vijayakumar-sb2he Před 2 lety +1

    EXCELLLENT WORK SIR YOU ARE GREAT

  • @sajid_official
    @sajid_official Před rokem

    Is the business version out yet? team of 4 we are, want to start a business. I think I could use it for my expense tracking

  • @cliveknott
    @cliveknott Před 8 měsíci

    Excellent software, but how do I include carried forward numbers from the previous year into the current period Balance Sheet

  • @Vospader21
    @Vospader21 Před 7 měsíci

    Hi Phillip, I have a question. Let’s say a business that just started starts out using this system. Then after a few years of growth something a bit more heavy duty is necessary. How do we transfer data?

  • @chrisbarkhuizen5643
    @chrisbarkhuizen5643 Před 2 lety

    Good day Mr Wong. Since yesterday I have tried to to make contact for the link to download, but has not been successful. Is there any other way for me to obtain the link? Would wait and appreciate your response.

  • @SeaOtter65
    @SeaOtter65 Před rokem +2

    Thanks you sir are just to kind thanks for the download

  • @habibmomodu1074
    @habibmomodu1074 Před 6 měsíci

    A business that involve bookings online ticket ,I then prepares the invoice for the client what books of account is required?or should I start my accounting record from income statement and how are this accounting record prepared in excel.lastly , how do you link two sheets together so much when you input a data in one it will appear in the other sheet,thank you.

  • @DeSeriousSquid
    @DeSeriousSquid Před 3 měsíci

    Hi Phillip I was just wondering when the business version will be available on your website?

  • @user-df9tg2mm9u
    @user-df9tg2mm9u Před 6 měsíci

    Hello, Did you create the small business edition? If so, where can I get it. I really like how this works.

  • @yvonneoliver9356
    @yvonneoliver9356 Před rokem

    Hi Phillip, this would be perfect for our small Yacht Club that I am Secretary for and have tried to download on 2 different emails but didn't receive it. I have the latest Excel so that shouldn't be a problem.... help urgently want to get using :)

  • @joseacobo4302
    @joseacobo4302 Před rokem

    Thanks a lot Philip

  • @elvabes
    @elvabes Před 2 lety

    Please help I want to use your software for two nonprofit organizations I work for. However, I have tried twice to download your software with no sucess. What would you recommend I do?

  • @mohamedxelkady
    @mohamedxelkady Před rokem

    Hello Mr, I just got a new accounting job and the owner wants to use a full accounting system for his company, I totally understood ur video but how can I get the small business edition?

  • @SherAliKhanPK
    @SherAliKhanPK Před rokem +1

    Great work

  • @luccablight4194
    @luccablight4194 Před 2 lety

    hello. can i have the template of this software? really appreciate its features. hopefully, this will be helpful in our business. thank you

  • @caqol
    @caqol Před 2 lety

    Thank you from SA.

  • @riverfrontridingcenter4014

    Hi, I'm excited to try this. I've been looking for a while and can't believe I've missed this. I entered my info & I've been checking my mail for about 2 hours, I haven't seen anything come through yet. Does it take a while before the download comes?

    • @Tetracarbon
      @Tetracarbon  Před 3 lety

      The webpage will immediately email you a link to download the file.
      I just want to be able to email people updates as I improve the system and fix any bugs found. Without email it is hard to contact people as this isn’t on any “App store” or other platform.
      If it still doesn’t work, find me on Facebook or LinkedIn in and I will just send it to you directly there. :)

  • @AmjadMunir-fc7ny
    @AmjadMunir-fc7ny Před rokem

    Hi Phillip, I filled out the form but, didn't receive the downloads link. Thank you!

  • @A75628
    @A75628 Před 3 lety

    HI, sir your accounting system is very use full. so i have one question in terms of how to insert chart of accounts rows or new account add please simplify for me thanks and appreciated
    Muhammad Saqib

    • @Tetracarbon
      @Tetracarbon  Před 2 lety

      For the moment, you are limited to the spaces for account that are already there. Yes, this means you can't insert more accounts. Excel isn't a 'real' programming language or database, so there's not way to do this dynamically without VBA. I've steered clear of VBA in the short term because I wanted to avoid overcomplication.
      So, for now, no you can't add accounts if there isn't already space. Sorry!
      I'm working on it. =)

  • @jennygeorghiou9762
    @jennygeorghiou9762 Před 2 lety

    Hello, can you please advise if your accounting program is suitable for a grocery store ? We live in Europe and there is a tax on all items sold and bought. It’s called VAT over here, of 5 & 19%. Does your program cater for this? Please advise and many thanks, Jenny.

    • @accountingentrymaster5445
      @accountingentrymaster5445 Před 2 lety

      We provide accounting services. If you really need services click
      czcams.com/video/9aRSFNEsUQ0/video.html

  • @sansdents7559
    @sansdents7559 Před rokem

    Hi Philip
    I haven't received the email with the link to download the excel file.
    Do you have a direct link?

  • @maggief7560
    @maggief7560 Před rokem

    Hi Phillip is the software still available? I signed up and have not received the software yet.

  • @giinoon2102
    @giinoon2102 Před 10 měsíci

    Hi Phillip, I've tried to use your accounting system in Excel but, the date format seems to be incorrect i.e. it should be in DD/MM/YY but actually it's in M/D/YYYY, How to fix that ?

  • @gnidilo
    @gnidilo Před 2 lety

    Great work Phillip, this looks very neat however I didn't receive the link in my email, I tried with two emails, checked spam folders...but nothing :-(

  • @user-el7pn4nj4k
    @user-el7pn4nj4k Před 10 měsíci

    @Mr. Phillip, how could I download the practice file?

  • @rahulsuenarine4061
    @rahulsuenarine4061 Před rokem

    Very great initiative, thank you. How would you end a financial period?

    • @sansdents7559
      @sansdents7559 Před rokem

      Have you received the mail with the link? (It doesn't work for me)
      If yes, could you share it, please?
      Many thanks

  • @pedroandaverez9073
    @pedroandaverez9073 Před 2 lety

    What a simple and effective tool, is there a chance to add the Cashflow Statement to it?? If so, please let me know, I can pay you some more for the upgraded version I am asking for.
    Thank you so much Philip!

    • @Tetracarbon
      @Tetracarbon  Před 2 lety

      Find me on Facebook. We can talk more. I think you need something very straightforward. Shouldn’t be hard to point you in the right direction.

  • @aneesrashdi9633
    @aneesrashdi9633 Před 2 lety

    Thanks... This is Cool

  • @cremediaadministrator5749

    Thank you so much for your effort, I filled the form on your website but it never sent the download link to my inbox nor spam.

  • @andrewlee3625
    @andrewlee3625 Před rokem

    I had filled up the form a few times already but still do not receive the link to download. Is your excel file still available?