Cloud Accounting

So what is Cloud Accounting ?
  • All the business books are kept online.  Which includes income, expenses, assets and liabilities.

  • All your information is encrypted, similar to your bank’s.  Only people with the correct login can view the data

How does it work?
  • When an online accounting software package has been chosen and set up, users can access their accounts from any web browser, or an app on any of their mobile devices

What are the benefits of using cloud accounting software?

  • Raw data from your business transactions can flow straight into the correct categories in your accounts, so you don’t need to spend hours manually inputting.

  • You can see the financial position of your business at any time 24/7.

  • You can allow access to your books with your bookkeeper/accountant.

  • The software is online, so you don’t have to install or update, and everything is automatically backed up.

  • You can set up a bespoke dashboard showing the important financial information you need to make decisions, for example, who owes you money, who do you owe money to, how is your cash flow looking.