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Cloud Accounting – What’s all the hype?

Written by Bryn Robinson • Director
Published on 18 Jan 2017

Do you want to save time and money and spend more time growing your business? Of course you do. Let me tell you more.

Cloud Accounting, otherwise known as Online Accounting is here and its great. This allows you to do your Bookkeeping on the go. Anywhere, anytime.

 

The benefits of online accounting.

  • You can see if your customer or clients have any outstanding money owing to you.
  • Issue an invoice while with your client, and email it to them immediately from your device.
  • See the balances of your business account.
  • Automatic Bank feeds, reducing time in data entry.
  • Reconcile transactions between appointments.
  • More than one person can access your file.
  • Enter Supplier bills and make payment, ensuring your records are always up-to-date

 

What does this mean for me?

Depending on which service provider you choose to use, you may install the software on your computer, download an app or access it from a web browser. This means you can access your records and keep up to date at all times.

You can even be on the road and issue an invoice right there and then, without having to wait until you get back to the office after a long day out and about.

Automatic Bank Feeds, brings through your bank transactions as they happen, saving you time in data entry and possible Bookkeeping fees if you outsource this service. Set up Bank Rules that will automatically code a transaction, which means all you need to do is approve it meaningless data entry.

Do you have time to kill between appointments while out and about on the road? Use this time effectively and reconcile transactions.

 

Can Fitzpatrick Group help?

There are many different packages available and we can assist you in selecting the right product to meet your business requirements.

We can even set up your file for you and provide training so you are ready to go.

Please feel free to give me a call or send me an email to arrange an appointment to discuss your business needs in more detail and how we can get Cloud Accounting to help you.

Check out another recent blog in this category.

Bryn has spent nearly 20 years with Fitzpatrick Group Building Better Businesses. Now a Director and also General Manager, Bryn assists our business clients in the areas Accounting, Taxation, and Business Growth. Authour • Bryn Robinson

Director, Fitzpatrick Group

Post Categories: Bookkeeping

Ready to rest easy knowing your business finances are in good hands?

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