Patti Scharf from Catching Clouds gave a great summary of the benefits and problems with spreadsheet based accounting for Amazon and why a specific Amazon accounting solution like A2X can make it more automated, and accurate.
We always tell Amazon sellers it’s better to focus on value-add activities in the Amazon business such as new product development or sales and marketing, instead of boring/time-consuming spreadsheet accounting. Similarly for accountants, it means moving to value-based services and automating the mundane data entry, so you can focus on the high-value consulting and advice that is both a more valuable use of your time, and more beneficial to your clients.
Check out the video for a detailed overview of the different approaches.