Cloud Accounting
Cloud accounting is changing the way businesses and accountants do their work. Instead of using their own computer systems and software, companies can now use online accounting software accounting software that’s stored and accessed over the Internet.
This is good for businesses for a few reasons:
Accessibility
With online accounting software, you can get to your accounting records from anywhere, as long as you have an internet connection. You don't need to be tied to a specific computer in your office.
Cost
It's often cheaper because you pay a monthly fee for the software instead of buying and maintaining your own expensive accounting software and hardware.
Collaboration
It's easier to work together with your accountant and business advisor since they can access your information in real-time. This means you can get better advice and results.
Real-Time Information
You can see your financial information right away, as it's updated instantly. No more waiting for reports to be generated.
Performance Metrics
You can have a dashboard that shows important performance indicators for your business, helping you make better decisions.
At Roger Boghani tax & business services, we want to help you succeed in your business. Cloud accounting allows us to work closely with you in real-time, which means we can help you even more effectively.
We know you didn’t start your business to become an accountant, so let’s talk about how cloud accounting can make your business run more smoothly. We’ll show you how to get the most out of this technology.
Popular accounting cloud-based software:
- Xero
- MYOB essentials
- QuickBooks