....What is it?
Cloud accounting provides the ability to manage your small business bookkeeping and accounting needs online, using accounting software that is similar to what you would install on your computer, except that the cloud software runs on secure servers that you access using your web browser over the internet. There is no need to purchase and install software, maintain backup copies, and you are no longer constrained to working on your bookkeeping in one specific place - you have the freedom and flexibility to work wherever, whenever, and from any computer or device. In addition, you are able to work with real-time data, invoices can be prepared while meeting with clients, expenses and purchases can be recorded as they are happening.
....Why choose it?
The benefits for a small business are practically limitless, your bookkeeping processes can occur as the transactions are happening in real time and you have access in real time to your business data no matter where you are.
Data security and privacy: Your company or personal data is completely secure, only you and those authorized to access your data can sign in. In addition, your data is backed up on a continual basis so you do not need to worry about lost data should your computer fail or if it is ever lost or stolen.
Freedom to work where ever and when ever: With cloud based accounting systems you gain the ability to access and work with your business data at any time of the day and from wherever you are, whether you are at work, home or on the go.
Automation: You can import your bank, credit card and PayPal account information. You can upload or import PDF images of purchase receipts to your accounting and save a copy of the receipt image with the posting entry as a backup should you ever be requested to provide this for audit purposes.
Reduce data entry errors: By having access to your accounting at any time and any where, your bookkeeping will be more current, images of receipts will be readily available, and manual data entry of information will be reduced.
Collaboration: You can invite your trusted business advisors to access your information. By inviting your accountant you reduce the need to email or physically drop off your accounting / bookkeeping data, and your accountant can provide you with timely advise to help your business succeed.
....How we can help you
As technology changes our firm has taken a proactive approach to implementing cloud based service solutions for our clients. We understand that with technological changes and the need for most businesses to be on 24/7 our world is faster paced, our clients' time is often stretched to it's limit between work and family responsibilities, and access to vital business and personal information in a quick and efficient manner is not only important and necessary for compliance purposes, it is critical to their financial and business sucesses.
We will automate your accounting function, freeing you up to focus on your business activities and growth while we focus on what we are best at ... accounting. Our firm works exclusively with QuickBooks Online, and our staff are certified advisors, and can help you implement and maintain your accounting / bookkeeping data. We will look after the "number crunching" by performing the bookkeeping, payroll, periodic GST/HST filings, and the small business tax return filing.
Some of our current cloud based services include: