Introduction To Cloud Accounting

Cloud accounting is the accounting solution that’s being chosen by more and more small business owners today and it’s easy to see why. Gone are the days where small business owners had the luxury of their own in-house accountant with their own office and car parking space. In fact, even accountants with a High Street presence are losing out to the clever and effective online accounting solutions that are available now.

Like any service that is provided from a remote location, cloud accounting is a cheaper option than face-to-face accounting. Although cheaper doesn’t always equate to better, in this case, you really can have the best of both worlds. By using the likes of Xero, a highly respected accounting software solution, online accounting solutions mean that you have easy access to your accounting information 24 hours a day, 7 days a week.

 

Internet enables cloud accounting

 

Working with the likes of Xero cloud accounting is the preferred solution of a growing number of accountants and small business owners today. Not only does it allow a working dialogue between accountants and their clients, it’s easy to use and extremely versatile. With a great range of intuitive tools, Xero allows you to do as much or as little as you want to, with your accountant taking over to complete the process when you want them to.

When you choose the likes of Xero for your online accounting, you have years of software development behind you, as well as a solution that’s creating real disruption in this market. The likes of Quickbooks Online had the online accounting market pretty much sewn up, but then Xero came up from behind with some really innovative features that gave Quickbooks a run for their money.

Xero really is a simple to use, intuitive, cloud-based accounting system that’ll leave you with real peace of mind regarding your accounts plus the time to do what you do best – run your business.

Here are some questions you may be facing right now:

I’m used to dealing face-to-face, I’m not sure I like the idea of cloud accounting

If you’re used to doing your accounts face-to-face, it’s reasonable to expect that cloud accounting and cloud bookkeeping will take a little bit of time to get used to. That said, as quality providers of online accounting services, we know and understand this issue. That’s why we do all that we can to make your transition to online as easy as it possibly can be. Here at The Smart Accountants we select our staff based on their knowledge and experience of course, but also on their excellent communication skills and their ability to put our clients at east. While expecting overnight transition isn’t all that realistic, within a surprisingly short space of time, you’ll realise how efficient, easy and effective online accounting really is.

What happens if I have a problem?

If you’re dealing with the likes of Xero cloud bookkeeping and you come up against a problem, all you need to do is call on their 24 hours a day, 7 days a week support service. With someone constantly available to give you help, there really is no need to ever feel alone or lost. Add to this the support you can expect from your online accountant and you could soon be feeling as if you have even more support than you previously had face-to-face – all at a great price.

What if my data gets into the wrong hands?

Online bookkeeping providers know that security is utmost in your list of concerns. That’s why it’s right at the top of their list too. They know that they can’t expect you to hand over sensitive information without knowing that it will be looked after with the respect and attention it deserves. With a constant focus on security, you can rest assured that the likes of Xero have invested in round the clock physical security as well as multiple firewall layers and network security. These, as well as third party audits and inspections, plus two-step authentication and state of the art backups mean that you really can enjoy the peace of mind you deserve.

If you’re considering taking your accounting into the cloud for the first time, why not reach out and ask us for some help? We have teams of experts who are accustomed to first time online accounting clients. They’ll walk you through the options and hold your hand until you’re ready to run alone.