If you are running a business then you will surely have to take care of many things. From marketing and sales to HR and promotion, there are so many things to manage that even 24 hours in a day looks very less. But with so many things to do, you should never forget about the backbone of each and every business, i.e. accounting.
Without proper accounting, you will never be able to make the most of your business. It doesn’t matter what is your business vision and mission or what type of market you are targeting, you will always have to focus on your accounting in order to have complete control on your business. From decision making to future outcomes, everything is dependent upon how you take care of your accounting operation.
With so much importance, you should always be on the hunt for streamlining your accounting department. Although there are various ways of streamlining your accounting department but using accounting software by installing it on your desktop, especially QB, is not one of those ways. We are currently living in the world of cloud and that’ why you should learn how to embrace the cloud accounting technology QuickBooks hosting.
You should know that currently, QuickBooks on the cloud is the most advance and used cloud accounting solution all over the world. In the U.S alone, QB has more than 83% market share and it is growing in other countries as well.
If you have realized that installing the QB accounting software is not a good idea and if you have decided to move to the cloud platform with your accounting software, then you have come to the right place. In this blog post, we are going to discuss every detail of QuickBooks on the cloud so that you can understand every aspect of this amazing solution.
What is QuickBooks on the cloud and how can a business shift to the cloud?
Well, the traditional way of using the accounting software is to first buy the license of the accounting software. After purchasing the license of the accounting software, people usually install in on their office desktop or laptop just like they install any other software. And the accounting software on the desktop works just like any other software that you use on your desktop.
But when you choose a cloud hosting provider, then the cloud vendor will shift your QuickBooks accounting software on its public cloud server and you will be provided with an RPD that you will use in order to access your accounting software. You should know that even after shifting to the cloud platform, you will get the same UI that you have been using on the desktop and that’s why you don’t need to unlearn anything. But this is also true that there are many things that you will need to learn like admin control, multi-user access, round the clock customer support and much more. Learning the new features of the cloud is a cakewalk and you will be able to master the art of using the cloud in just a couple of days.
Is there any risk involved in shifting to the cloud?
There is no denial in the fact that there is certain kind of risk involved when you shift to the cloud platform but you can easily mitigate this type of risk by choosing a good, trusted and experienced cloud hosting provider from the market. A good cloud hosting provider will have the infra to make sure that you don’t have to suffer any type of data loss during the shift and by using tried and tested methods, they will be able to make your shift from the desktop to cloud seamlessly.
This is why it is very important to choose the right cloud hosting provider otherwise you will start facing problems even before shifting to the cloud platform. You should know that there are many different types of cloud hosting providers available in the market and choosing the right depends upon you. But there have been only a few cases where businesses have faces any type of issue while shifting to the cloud as most of the cloud providers that pop up on the first page of the search results are experienced, secured and reputed as well.
Why QuickBooks cloud hosting is good for small businesses?
If you are thinking that QuickBooks cloud hosting is not good for small businesses then you are completely wrong. You should know that the QB on the cloud has been specially designed for small and medium sized businesses along with accountants, bookkeepers, and CPAs. There are many advantages offered to small businesses through QB hosting and we are going to discuss some of them in this blog post.
Anywhere, anytime access
One of the main benefits that you will get with the cloud accounting solution is anywhere, anytime accessibility. You should know that on the desktop installed software, you will be limited to your office desktop only but on the cloud, you can access your cloud accounting from any corner of the world.
Heightened security
In addition to global security, you will also get the advantage of better security as well. The cloud platform is the most secure platform, especially for storing financial data because it comes with various security layers that make your financial data 360 degree secure. You can trust cloud with your accounting data.
High up time
Business continuity matters a lot in the modern era and if you are not able to maintain continuity in your business then you are going to suffer a lot. With cloud accounting solutions like QB hosting, you will get the power of 99.95% high up time.
Round the clock customer support
When you will choose a good cloud hosting provider then you will be able to get the power of round the clock security and the best part about this technical support is that you don’t have to pay even a single dime for it.