How to Choose Cloud Accounting Software for Your Business

Being cloud based means that your accounting software is available 24*7, anywhere that there is an internet. Your online system can also be linked to bank feeds for up-to-date and accurate syncing with your accounts, which makes for super easy reconciling. The data itself is backed-up off-site, so safer than storing on your own computer system.

The benefits of an online business accounting solution:

Real time, anytime
Minimises data entry and handling
See your finances, incomings and outgoings, at a glance
User-friendly, summarised dashboard screens and no hard-to-understand accounting jargon
Easily identify trends, opportunities and weaknesses through reporting and analytics
No software updates required; you’ll always be using the latest version
Easy collaboration between business owner, bookkeeper, accountant and any other accounts staff.
Low start-up costs and no term commitment.

Reasons for moving to cloud accounting:

There are plenty of benefits you can achieve when managing your business finances online using cloud accounting. Here are some reasons why a small business must go with a cloud-accounting solution:

1. Your data is available anytime, anywhere

2. Cloud accounting is a cost-effective solution

3. Integration with other software and applications

4. Ease of use

5. Customer support

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