The benefits of cloud/online accounting

MYOB | Xero | Quickbooks | 19 reasons to love it!
Send a message for assistance

Reasons to love it

Are you making full use of online accounting in your business? Are you taking full advantage of all its benefits? There are many different packages on offer. I can give you unbiased advice about the various options available to identify the right one for you.
Better financial management and decision making. Up to date current financial information at your finger tips. We can work together to keep your records up to date and accurate. More about how. No need to pay upfront costs. Most applications are offered on a monthly subscription so you only pay for it on a monthly basis. It's a simple process to upgrade if and when you need the extra features.
Better management of cash flow. Up to date bank and customer balances. Bank accounts can be linked so that transactions are automatically imported into your records and matched to the relevant invoice. Some tips to improve cash flow.
Immediate access to new software features. You are always on the latest version.
No need to worry about backing up your data. Everything is backed up automatically.
Fast bank reconciliations. I can setup your bank accounts with bankfeeds and most transactions can be easily automated with rules.
Easy to collaborate with multi user access. Everyone in your team can access the same data at the same time no matter where they are.
Get help when you need it. Invite me to access your records. I can keep your records up to date, check allocation of transactions and GST, assist with receivables and payables, setup customised management reports, prepare your BAS statements and make sure your records are ready for tax preparation at year end. Files will be updated immediately. More about the solutions.
Easy to share record keeping tasks. Perform the tasks which need your personal attention and leave the rest to me. More about the process.
Run your business remotely from anywhere in the world. Your data is accessible on any device with internet connection.
Run your business when it suits you. Your data is accessible any time giving you flexibility when you work.
No need to send files to your accountant at year end. Invite your accountant as a user to view your data (you can control the level of access). More secure than emailing data or storing on USB drive.
Get paid faster. Create and email invoices to your customers with links for immediate payment. Send automatic reminders for unpaid invoices.
No need to worry about losing your records in a break-in or fire. All your information is safely and securely stored in the cloud, off site.
Save costs on paper, printer cartridges, stationery and postage. No need to print invoices and send by snail mail. Create your invoices and email directly to your customers.
No more software updates to run. All included in your subscription.
Save on storage. All records and paperwork can be stored in the cloud. Receipts can be easily photographed with an app on your mobile device and attached to your transactions. Documents can be easily found if required.
Save time on installing software. Just setup your login and password and get started.
Try it out for free. Most applications are offered with a free 30 day trial so you can try before you buy.
What's not to love!
  • Costs may be higher over several years.
  • No control over data or how secure it is.
  • Not able to keep a backup of data only the ability to export it or save reports.
  • Dependant on a reliable internet connection.