disadvantages of using excel for accounting. Last in first out (LIFO) method of inventory valuation. Disadvantages of Last In First Out Approach . Financial Accounting Topics Resolver came about as a result of trying to use Solver to solve process data reconciliation problems, as reported in Is Excel Solver suitable for Production Data. All about Advantages and Disadvantages of using enterprise resource planning. the Accounting for all of these tasks,. Microsoft Excel Quiz Throw away the calculator. johngill Mon, 18/03/2002 - 10 20. Login or register to read this comment This site will look better if you upgrade to a browser that supports web standards. Using sequential numbers. One common question on the newsgroups is how do I. Most accountants when asked will recommend that a business use the double entry bookkeeping system and the accrual basis or method of accounting which is based …