23 May What is Cloud Accounting?
So, not sure what Cloud Accounting means, well, let me put it in a nut shell.
Cloud Accounting is accessing software applications and your data files remotely. Users access this through the internet or other network. Your data is securely stored, to which frees the business from having to install and maintain software on individual desktop computers. Data is readily accessed from anywhere, at any time, with real time data using any device, and using an internet connection and password. This includes laptop, desktop, mobile phone or tablet. This means you can access your data 24/7 from your business, home, on the go, or overseas.
Using Cloud Accounting you can access your financial data in real time, which means that you can also have your bookkeeper or accountant, log in and view your data at the same time as you. You can seek advice or go through your accounts with your bookkeeper or accountant, check which customer has paid and so much more.
Your data is totally secured and is automatically backed up and stored at offsite locations.
No need to worry about having the latest version, as all your software updates are automatically installed by your provider. So, all your users will have the latest version when they log in.
Most software providers charge you a monthly subscription fee. So making sure your subscription is paid up to date, means you won’t need to worry about a thing.
Essentially this means you spend more time on your business and less time on your accounts. Using a bookkeeper to help with your accounts also means time for your business, and you can log in at any time to see your real time accounts.
So, if you need any help, please contact myself, as per website contact page.