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<\/a>\nCloud accounting software has transformed the way that small lifestyle businesses control their finances. \u00a0So, in an ever busy world, why should you as a business owner consider making the switch?<\/span><\/p>\nThere are a number of advantages for both you and your business<\/span><\/p>\n\n- Spread the cost of the software by making payments by monthly subscription instead of one lump sum.\u00a0<\/span><\/li>\n
- All upgrades for cloud accounting software are carried out by the supplier at no extra cost, so you are always on the latest version. \u00a0Any upgrades are normally\u00a0carried\u00a0out\u00a0in the early hours of the morning.\u00a0 When you do come to log in the next day, you know you are always working with the most up to date software version.<\/span><\/li>\n
- Fancy doing your accounts from the beach whilst on holiday? Well, if you really want to, now you can! \u00a0Cloud accounting software can be accessed from anywhere that has an internet connection.\u00a0\u00a0You have no need to use a particular computer, or be stuck in the office. \u00a0This does have practical implications, firstly it lets you keep track of the finances of your business from anywhere. \u00a0If you want to know how much your business has made in your absence, whilst you are sipping your cocktail on the beach, well now you can. \u00a0Secondly, on a more practical note, if you have employees off-site with expenses, then they can enter these themselves, and send the coded claim and receipts electronically, directly into the accounting system. \u00a0If you want to change the accounting codes, or enter them yourself, then again no problem.<\/span><\/li>\n
- All your data is stored securely in \u201cthe cloud\u201d which means on the supplier\u2019s bank of servers. \u00a0Worried about potential hacking, well normally the servers are using the same type of encryption as your bank. \u00a0If you are happy using online banking, then you should be fine. These, have the advantage of being continually backed up, so you never have to worry again about using up your own hard-drives space\u00a0or having to \u00a0take regular backups. \u00a0You now no longer\u00a0have to ensure that you keep a copy of your data safe away from the office in case of fire.<\/span><\/li>\n
- Best of all, with cloud accounting software, you get real time information.\u00a0 This\u00a0allows your accountant or other trusted business advisors instant access to your finance data. \u00a0This means that they can help you if you are stuck on recording certain transactions in your accounts. \u00a0They can post their year-end journals directly into your system, so your data is always up to date, but more importantly they can add real time value to your business. \u00a0For example if you would like your accountant to check the figures for your VAT Return or even file it directly for you through the software with HMRC, or prepare some management accounts for you, and even help you with key decisions in your business. \u00a0This is now possible. \u00a0<\/span><\/li>\n<\/ol>\n
<\/p>\n
Developments in recent technology holds many benefits for both businesses and accounting firms. \u00a0In a world where we all continually strive for better services, that take less time and cut costs, then cloud accounting can help deliver. \u00a0With clients able to do their own bookkeeping, the implementation of cloud computing helps to elevate the role and services of the accountant to that of a trusted business partner and advisor, no longer someone who contacts you once a year, always looking at historic data.<\/span><\/p>\nAt Crunchers we are accredited practitioners of XERO, \u00a0an online accounting solution that leads the way in cloud computing. \u00a0If you are already using another accounting system, we can get that transferred across onto XERO, quickly and efficiently.\u00a0\u00a0We also help you not only with the setting up of the software,\u00a0but we\u00a0also have a comprehensive 50 point training plan that will teach you how to get the best out of it.\u00a0 <\/span><\/p>\nRemember we are just a phone call away, and are here to help you make your business a success.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Cloud accounting software has transformed the way that small lifestyle businesses control their finances. \u00a0So, in an ever busy world,… Read more »<\/a><\/p>\n","protected":false},"author":1,"featured_media":6456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/posts\/6402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/comments?post=6402"}],"version-history":[{"count":6,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/posts\/6402\/revisions"}],"predecessor-version":[{"id":6913,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/posts\/6402\/revisions\/6913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/media\/6456"}],"wp:attachment":[{"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/media?parent=6402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/categories?post=6402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accountantsedinburgh.co.uk\/wp-json\/wp\/v2\/tags?post=6402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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