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Cloud Accounting…….changing the way you do business

Cloud Accounting…….changing the way you do business

Do you keep hearing the word “cloud” being thrown around a lot lately?  Us too, but what is “The Cloud”?

Well apart from being those warnings of an imminent rainfall the new buzz word “Cloud” is now widely used in the computer world.  The word cloud is essentially a word to describe a bunch of online services, like the Internet, your online banking, hotmail, gmail etc.  Think of the cloud as a huge hard-drive, a place where you can access your data and software anytime.

So what does this mean for Accounting?

The cloud has revolutionised accounting software.  No longer are you tied to your office to do your invoicing and daily bookkeeping, no more wasting time and money installing the latest software versions, no more transferring files between you and your accountant, the cloud has taken all this away.

As with anything else that is cloud based, you can access your data anywhere, anytime and on a number of different devices.  Using cloud accounting means you can invoice your clients on the job, your employees can enter their timesheets directly into your payroll system, you can do bank reconciliations in real time, giving you more freedom and more time to make money!

What should I look for in Cloud Accounting?

Firstly, make sure that it’s reputable, do a Google search and check out some forums and see what other have to say about it.  Here are a couple of key things we look for in a great program:

  • Accounting and Payroll in one neat package
  • Unlimited users, including advisors
  • Daily automatic bank feeds
  • Compatibility over portable devises, i.e. iPhone
  • ATO compliant

All too confusing?

This is where we come in; we can help you select the best package for your business needs, we are partnered with many of the Australia’s leading Cloud Accounting providers, we can handle everything from start to finish, from installation, setup and training, or we can take care of the entire process providing you with your own personalised accounts department.  Whatever suits your needs, we can do as little or as much as you need.

Take a look at the video for a great overview of one of our favourite Cloud Accounting providers, Xero.  Until 31st December we are able to offer you 6 months FREE Xero Subscription!

Thanks, Allison & Amanda

Get In Touch
Amanda0417 534 156
03 6425 6331
89 Reibey St. Ulverstone
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