Take your accounting into the cloud

A quiet revolution is disrupting traditional bookkeeping practices as online bookkeeping – also known as ‘cloud’ accounting software – increasingly replaces PC-based accounting packages.

By Shelim Rahman, partner and head of IT and innovation, Beever and Struthers

Some of the advantages being enjoyed by a rising number of clients of Beever and Struthers that have made the change are:

• No need to run annual software updates or invest in costly IT hardware - it’s done automatically by the cloud software provider and monthly charges to customers are modest.
• Data is secure and backed up in the cloud.

• Automatic bank feeds straight into your accounts software
• The ability to manage your accounts anytime, anywhere from virtually any web enabled device such as using your smartphone or tablet to capture photos of purchase invoices and expenses receipts and post them directly into the accounts software
• Automated sales invoices or estimates in your design and format, raised and emailed to clients with automated reminders if they haven’t paid within the agreed terms
• Allowing your accountant access to live accounting information so that amendments can be made real time without the need to email backups of software to and forth with your accountant