If you talk to any business owner who is using Cloud Accounting, they are bound to tell you how it has benefitted their business and their lives. Cloud accounting will completely transform how you go about your day to day business tasks and once you experience just how innovative it can be and how it can benefit your business, you will be wondering why you have not been using it all along.
Certainly, the biggest advantage of Cloud Accounting, it that with internet access, you can access all your data from anywhere and in real time. The application is simple to use, hassle-free and safe, and no accounting background is required from the user’s side. You can link you bank directly and even create rules for transactions to be allocated to specific expenses. For example, transactions reflecting “Total” will be allocated to Petrol fees, etc.
The application can be customised as per the client’s requirements and preferences, and reports and accounts can be added. Budgets can be imported, and Foreign Currencies can be activated. Cloud Accounting also gives more than one user access at a time and correspondence is enhanced between the user / accountant and the client, simplifying the process to respond to queries and resolve problems. Attachments such as proof of payments can also be uploaded.
The necessary security measures are taken to ensure that all your data remains safe and protected so that you can continue with your day to day business operations without having to worry about the security of your business’ sensitive information. With Cloud Accounting you have peace of mind so that you can focus on the important things.
Here at Compendium Accounting Solutions, we are using SAGE ONE as our preferred Cloud Accounting application. We provide all new clients with an information session to familiarise themselves with the application and assist with setting up the system according to their criteria. Ongoing support from our side is available to all new and existing clients.