Tag: Cloud Accounting
Cloud Accounting is much like the conventional accounting software. What sets it apart from others, is that it’s hosted on remote servers.
Data is not installed on-site/physical drives. The data is stored, processed and acquired from ‘the cloud’ and not on the user’s computer, therefore requiring an internet connection. Cloud accounting can be considered as a better way of doing accounting because of the following reasons:
– Data are updated real-time and users can work on the same files simultaneously, allowing a better collaboration and management of data.
– Cloud can be accessed on almost any device – desktops, laptops, mobile phones, tablets, etc, making data more accessible and flexible.
– Fewer errors can take place because of automatic updates and real-time reporting.
– Cloud accounting leaves no trace of financial data on a physical computer, so in the event that the device gets lost or stolen, no data will be compromised.
Bureauserv accountants use this method of accounting. So our existing and future clients for Accounting, Bookkeeping and Payroll can ensure that their financial data are always secured, reliable and accurate. For more updates, news, and information on Cloud Accounting, read the relevant articles below.
