Cloud Based Accounting
Sometimes in business it can be hard to keep accurate and up-to-date accounting information in order to maintain business operation. Businesses have the option to use accounting software to maintain accurate bookkeeping. But some accounting software can be too complicate, too expensive, or require multiple upgrades to be current, and this slows the speed of your business and become too costly.
Cloud based accounting is making accurate bookkeeping and accounting much easier for businesses of various types and sizes. Cloud based accounting means that your accounting information is stored online and is accessible from anywhere whether that be at work, home, or on the road.
Being solely online means that there is no need for software upgrades, or data to be stored on your hard drive, reducing the risk of your information being lost or damaged. Even the most basic cloud accounting software provides peace of mind when running your business.
Key Features
• Connect to your bank seamlessly
• Easier for accountants to assist with maintaining records – increased efficiency
• Mobile apps are available for on-the-go business tracking
• Cost to small businesses can be high using older accounting methods
• Makes it simpler to complete tax forms such as BAS’s (managing GST)
• Small monthly fees compared
• XERO & MYOB Essentials make it simple for those new to online accounting
If you feel that your business can benefit from cloud based accounting software, contact the team at Bottrell Business Consultants to find out more. Just call 02 4933 6888.
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P:03 8459 2175
Postal Address
PO Box 2519, Green Hills, NSW 2323
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