Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, only the accounting software is hosted on remote servers.
One of the major benefits of cloud accounting is that it frees the business from having to install and maintain software on individual desktop computers.
Other benefits of cloud accounting include:
- Business accounts can be accessed in real time and are always up to date
- Cloud-based accounting systems allow you to upload or automatically bring 'live feeds' of your bank account and credit card transaction data into your accounting stream
- Better decision making thanks to live and up to date finances
- Anywhere and anytime
Rhodes Docherty are specialists in both Xero and MYOB cloud accounting systems.
We can show you how your business can run more efficiently and profitably by taking advantages of cloud accounting.
Contact Rhodes Docherty today to find out more or call us on 02 9988 4033