- The system is quite simple to implement, and just a minimal amount of data must be recorded.
- An organisation does not require specialised software or complicated programming to create a spreadsheet with a single entry system.
- They do not require accounting professionals or to engage the services of an experienced accountant or bookkeeper. It is because a system with a single entry does not require self-balancing.
- Due to the constant updating of the balance, an organisation is unlikely to go overdrawn on its bank account. A small business person can always view the balance at a glance.