The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
2023/06/27
The fact is, many business owners know only a little about accounting.
That’s why having an accounting professional do the basics for them and their business is absolutely a tremendous help!
But what about those other meticulous and time-consuming tasks like the day-to-day cash flow, bills payment, invoicing, data entries, organizing financial statements, reports, tax filing and other accounting processes?
From basic invoicing to complex tax reporting, accounting comes with all sorts of twists and turns that are impossible to do without an appropriate system and without automation.
Well, accounting software comes in handy when you are truly serious about making a total turnaround from traditional accounting where you are at the mercy of your accountant to figure out those numbers.
Accounting software can not only optimize and streamline multiple processes of your business in a variety of ways but it can also change the landscape of your organization making it more driven and competitive .
There are two types of accounting software: cloud accounting and desktop accounting software.
While desktop software is self-explanatory relying mainly on the desktop – wherein an accounting software program is downloaded into your desktop computer most often situated in the office; Cloud accounting software, on the other hand is the exact opposite.
Also known as online accounting software or sometimes called web-based accounting software, cloud accounting software is hosted on remote servers with utmost care and safety.
Users automatically send data to the cloud where it is processed and stored and easily accessed and reviewed through the internet or perhaps other via a cloud application service provider .
Opting to have cloud-based accounting software means that a company no longer needs to set up individual desktops with software because everyone in the company can now open and access the cloud on their own devices be it from a computer, iPad or mobile smart phone.
This also enables teams or branches to access the same exact data and the same version of the software.
After all has been said and done and you have finally decided to take a step further into a more streamlined approach to your business by adapting to a cloud accounting software, what next?
First things first. You need to determine which is the most suitable one for you that perfectly matches your needs.
Of course, these are the considerations of functionality, ease of use, security, usability and accessibility plus other more specific requirements.
Second, you have to know how to use the accounting software before reaping all the benefits it offers.
Let cloud accounting software work for you by practically doing these:
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Sign-up for a FREE easyFS Accounting System now!You see, cloud accounting software is such a game changer in your business.
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easyFS gives you a highly-accurate and real-time view of your financial statements.
Sign-up for a FREE easyFS Accounting System now!easyFS gives you a highly-accurate and real-time view of your financial statements.
Sign-up for a FREE easyFS Accounting System now!Typically replies within a few hours