Now that a range of simple, low cost and easy-to-use bridging software is beginning to emerge to solve the MTD problem, all the criticism and scare mongering that has been directed at spreadsheet users is beginning to feel like the millenium bug all over again.
For those of you still in your accounting nappies and not old enough to remember the millenium bug, the software community of the day, back in 1999, predicted armagedon for everyone who didn't upgrade their computer systems to cope with the year change from 1999 to 2000. The prophesies of doom grew to a fever pitch as the end of the millenium approached and ICAS even set an exam question on the disaster recover plans CA firms should make to prepare for the fateful day ! When the sun came up on the morning of 1.1.2000, and all the computers still worked, it soon became apparent that a lot of people had been misled into investing time and money for nothing.
Call me old fashioned, but as the dust begins to settle in the run up to MTD, I for one am glad I stuck to my spreadsheet guns and ignored the marketing pressure to mislead my clients into investing time and money on accounting software they don't need.