Things have changed so much over the past ten years in the way we can do business. Online cloud accounting is one of these changes and offers us wonderful solutions to help the day-to-day operation of our business but also saves us so much time and money in the process.
What is ‘the cloud’?
The cloud is a platform to make data and software accessible online anytime, anywhere, from any device. This means that your hard drive is no longer the place where data or software is stored.
Why is online cloud accounting is so good?
Having an online cloud accounting solution means that you can access the software from any device with internet access. This means your computer, your smartphone, your iPad, your friend’s computer if your internet is down – wherever you can get online.
Online cloud accounting also makes it easy for your accountant to access your data at any time of the year but also assists them in the end of financial year process.
Is the cloud secure?
You may be concerned about your data being stored in the cloud however it is one of the most secure ways to store your data.
Just think if your laptop was stolen. Your accounting software would be accessible to anyone. Online accounting software requires what’s called two-factor identification. This means that no-one can access without a special code that is generated each time you login.
Also, think of a fire. If your software and data is saved on a computer or network within your premises, all data would be lost. Having an online cloud accounting solutions means your data would not be affected.
Do you use internet banking? If so, you’re ready for online accounting too.
How do I get an online cloud accounting solution?
We can help you. There are a couple of options available and these depend on your business and the features that you need.
Just like Netflix or Spotify, your online cloud accounting solution will be via a monthly subscription.
What are the options?
At Hawkesbury Bookkeeping, we deal with MYOB, Xero and QuickBooks. We have professional partnerships in place which means that we are constantly learning and upgrading our knowledge.
Each software solution has benefits of their own and the choice depends on your individual needs.
How will an online solution help my business?
The benefits are endless. Once you have implemented an online solution you will not know how you ever ran a business without it.
Contact Us to discuss which software would be best for you and your business.