Have you moved your accounts to a cloud base accounting software package? We discuss the many reasons why you need to do this.

1. Have you moved to a
Cloud Accounting
software?

2. All of the businesses we work with at iKeep have made
the move to the Cloud to manage their business
finances. Whilst the move to a cloud accounting
solution may have been initially for the early adopters,
there is no doubt that it has now become mainstream
and something you now may wish consider for your
business. If you are investigating a cloud bookkeeping
and accounting solution, here are some points to
consider.

3. Whether you want XERO, MYOB or Quickbooks for your
Cloud Bookkeeping Software for your business we have
you covered. Just call us today.
What is Cloud Bookkeeping Software?
This software is hosted on remote servers offsite from
your location. Your data is sent into “the cloud” where
it is stored and maintained on behalf of your business.

4. Key Benefits of Cloud Bookkeeping
Your data is easily accessible anywhere, anytime and on
any device. No matter where you are in the world if you
have internet access you can access your business
information. There is one data file with shared data
access. This means that you, your bookkeeper or your
accountant can all work on the file at the same time
knowing the data is current.

5. There is no need to email or drop off files.
Hardware needs at your office are reduced as you just
need internet access. There is no need to install and
maintain software on individual desktop computers.
Employees can access the same data and the same
version of software in remote or branch offices.
Backups, virus checking and updates of the
bookkeeping software are handled by the provider.
Real time information is used, with daily bank feeds.
You have clarity of your cashflow with transparency all
year round to know exactly where you stand.

6. Points to Carefully Consider
Select a well-known supplier of cloud bookkeeping
software, one with a good track record of providing the
service.
Find out about the providers’ support service should
any problems arise.
Know where your data will be stored and if it is not in
Australia ensure that it is governed by Australian
privacy laws.
Check what internet speed is necessary to work easily
and quickly with your data.

7. Know how accessible your data is to others – who and
why (under what arrangements/ authorisations) to
ensure that your data is safe and secure.
What training is required (if any) in order to use the
bookkeepers software.
How easy is it to convert existing data to the online
version.
Find others who are using the product and discuss the
service they have experienced.

8. Check if the accounting software is compatible and
links with other products that you use (e.g. electronic
banking, credit card payments, email, Point of Sale,
Word, Excel etc)
If you would like some help with the bookkeeping in
your business, don't hesitate to reach out.