The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
The world of accounting has its own lingo and most accountants have their way of understanding each other, a language they share together.
However, these days, there seems to be a buzzword in the accounting industry which is quite familiar not just for accountants but for everyone – Cloud Accounting.
Your accounting team’s software is no longer hosted on any desktop in the office, rather it is now accessed on servers from an entirely different location.
This would mean that you can just stay in a coffee shop or at home to access important data from the cloud for as long as there is internet connection.
More and more businesses have realized the importance of what it is to be in the cloud and how successfully they have worked conveniently and have accessed data remotely from just about any part of the globe.
Because of what cloud accounting provides and the power that a cloud based accounting management software can bring to the business there is no stopping its eventual boom in leaps and bounds.
Not only will it benefit the business but also streamline processes intended for the customers.
This is especially proven true, tried and tested during precarious situations like the Covid19 pandemic.
But is it for everyone?
A coin always has two sides, right? Though cloud accounting offers many advantages to businesses, one cannot also ignore its disadvantages.
As cloud accounting and cloud software solutions are looming ahead and you are considering getting your accounting into the cloud, make sure it is the wisest decision by looking into the pros and cons of cloud accounting.
First the pros:
After much discussion on the pros, here are the cons:
So you see, there are both pros and cons to using cloud-based accounting software.
It is vital to take into consideration the pros and cons before making a final decision.
If you have made up your mind that cloud-based accounting software is the best for you, make certain to scout for different providers to find the one that suitably meets your needs.
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).