I remember an interview with one neurologist who stated humanity has for centuries compared the functioning of the brain to the most complex technology devised yet. First it was compared to mechanical devices, then pipes and steam, then electrical circuits, then electronics and now finally computers. But he pointed out, the brain works like none of these things so we have to be aware of the limitations of our models.
Based on the stuff I've read, it's almost for sure too simple a model.
One example is that single dendrites detect patterns of synaptic activity (sequences over time) which results in calcium signaling within the neuron and altered spiking.