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What is Cloud Accounting?
Cloud Accounting is a move from the traditional form of recording your transactions to using flexible software designed to suit your individual needs.
Access your data anytime, anywhere
Cloud Accounting software is designed to allow you to access your data and software from any place, at any time, on any device (as long as the device you’re using has an established internet connection) – providing ease of access. By having access to your business data on the move, you will see real-time financial information. You will have the ability to create and send sales invoices on the go, allowing for you to make prompt business decisions. This also ensures that you do not miss any invoicing opportunities.
Cheaper than the average desktop accounting package, Cloud Accounting is a cost-effective option as all updates to the software are included in the original price, and are performed regularly – with no additional costs for maintenance.
Cloud accounting providers
There are many Cloud Accounting software packages available from high-quality providers, including the following:
These packages allow you to best utilise a number of modules in the system, as well as external apps that aid in the effective collection of accounting data.
- Automatic bank feeds – the upload of data from your online banking facility directly into your accounts.
- Expenses – take photos of your receipts whilst on the go to ensure that they are all captured and accounted for in your accounting system.
- E-Commerce – integration with your own website, streamlining the recording of sales and receipts.
Which Cloud Accounting solution is right for you?
Looking for the best Cloud Accounting provider for you and your business? Our team can assist you pick the best software that suits you and your business needs. Get in touch with a member of our team at your local McCabe Ford Williams office.