What is Cloud Accounting?
Cloud accounting is best described as ‘online accounting’. Instead of installing and running your accounting software on your local computer you access the software and your data files over the internet. Your data is securely stored ‘in the cloud’ rather than on your local hard drive or server which means you have access to your financial data from anywhere, at any time, using any device including your mobile phone or tablet. All you need is an internet connection. Most people now use the cloud for applications like internet banking.
Is cloud accounting right for you?
Here at Freedom Accounting we aim to help you unlock the financial potential of your business. One of the foundation stones in your business 'wall' is your accounting software and one size certainly doesn't fit all businesses. There are a number of software packages on the market and they vary in functionality and price.