Might be okay in a 10 workstation environment but anything much bigger and an Excel sheet would be a pain to review and could easily surpass the limits of Excel in a short period of time.

The use of a centralized DATABASE would be the ultimate goal. I've never sat down and completed it because the place where I'm at now doesn't require it. Radimus has completed one though and has posted it or part of it.

I'd check with him or do some searching for it.