Sharaketna vs Excel and Google Sheets
Spreadsheets are where most partnerships start. They are flexible and familiar. The trouble begins when several partners need to trust the same file.
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Short answer: use a spreadsheet if one careful person keeps the books and the others are happy to trust them. Use Sharaketna if every partner wants to see, check, and approve the numbers, with profit shares worked out for them.
| What partners need | Sharaketna | Excel or Google Sheets |
|---|---|---|
| One record every partner can see | Yes, every member, within their role | Yes with Google Sheets; Excel files are often emailed around |
| Profit share per owner | Built in | You build and maintain the formulas |
| Review and approval of each period | In progress, In review, Completed | Not built in |
| Roles and permissions | Manager, Owner, Worker | Viewer or editor for the whole file |
| Receipts attached to entries | Photo or PDF on each transaction | Links to files stored elsewhere |
| Easy on a phone | Designed for phone entry | Hard to enter data on small screens |
| Flexibility | Focused on a partnership ledger | Anything you can build |
| Cost | 30-day free trial, then a monthly plan for one owner or manager | Often free or already paid for |
When a spreadsheet is the better choice
- You need custom calculations, such as loan schedules or complex cost allocation
- One partner keeps the books and the others do not need to check them
- You already have an accountant who works in spreadsheets
When Sharaketna fits better
- Several partners or staff add entries from their phones
- Partners want to approve each month before profit is split
- Formulas keep breaking or old numbers get changed
- Some partners prefer Arabic and others English
Questions and answers
Can I move from a spreadsheet to Sharaketna?
Yes. Create your categories, then enter the current period's revenue and expenses. Many partners start fresh from the first day of a month and keep the old sheet as history.
Is Google Sheets enough if all partners have access?
It can be, for a small and careful group. But anyone with edit access can change past numbers or break a formula, and there is no approval step for each period.
Related pages
vs WhatsApp and paper
Free and familiar, but messages get lost and nothing adds up on its own.
Read moreHow to split profit between partners
Net profit, split methods, working partners, losses, and a worked example.
Read moreRestaurants and cafés
Daily sales, suppliers, rent, and staff, with each partner's monthly profit.
Read morePut your partnership on one ledger
Invite your partners, set each share, and see who earned what. Free for 30 days.
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