Cloud Accounting

As far as accounting services go, cloud accounting is considered the new kid on the block. Although the concept may seem novel, some businesses have actually been using cloud accounting since the early 2000s. The major difference between cloud accounting and its traditional book-bound sibling is that, in the case of cloud accounting, physical books and ledgers are switched out for digital documents that are stored online. The flexibility of the cloud provides increased functionality and integrations with apps that help you to run your business better. Cloud accounting also allows you to work in real time with your accountant so you no longer have to send in your accounts for review and then wait for days for an update. Say goodbye to full filing cabinets and stacks of cardboard boxes taking up space in your office! With cloud accounting, the physical paper trail is conveniently compressed and safely stored away where it can’t gather dust. With the agility that comes with cloud accounting, you can expect functionality to skyrocket with the ability to integrate leading apps that can help you to run your business more efficiently.

One of the main advantages of cloud accounting is that businesses can have convenient and secure access to their account and its contents anytime, anywhere. Users can access their data from any computer with a web browser or even from an app on their phone. By linking their cloud accounting software to their business bank account, business owners are able to ensure the easy flow of transactions from their accounts directly into their books. Just imagine the amount of data entry hours you can save!