The most exciting change in the accounting and bookkeeping industry is
Cloud Accounting Services
Cloud Accounting is a general term for several types of accounting solutions, all of which have in common one thing:
The accounting system is accessible via a remote server that is connected to the internet,
but in a secure space that only authorized users can access.
We offer an accounting system for small businesses in Halton Hills (Georgetown & Acton) and surrounding areas including Burlington, Milton & Oakville, Ontario.
In the past, accounting system software programs such as QuickBooks and Sage have been located on a small business owners or entrepreneurs own private computer or a private server within the small business.
This allowed one or more employees within the same physical location access to the accounting software.
Access to a desktop system was limited, especially if the small business added additional business locations and/or needed outside consultants such as bookkeepers, or auditors to be able to access the system.
Cloud accounting solves the limited access problem because you can access the system via an internet browser or a remote desktop connection that accesses the system through a private connection.
The real power of a cloud accounting system is having important management information to hand. Information such as, who owes me money, what are my sales this month and am I making profit?
Summary Management Reporting
As part of our cloud accounting service we will help you set up the key reports you need so that the most important information is always a click away. Having your finger on the pulse of your business is critical for making the right business decisions. You need to know the key numbers. Each quarter we will supply you with:
A periodic view of your reconciled account summary that will include a year to date total for each category of income and expense, and most importantly your profit for the year to date.
A periodic sales ledger report showing you exactly how much money your customers owe you and how long those debts have been outstanding. This report will help you to keep on top of your debtors and put more cash into your bank account.
A periodic purchase ledger report showing you how much money you owe to your suppliers.
Specializing & Certified in Cloud Accounting Technology and Apps to compliment
Benefits? Anywhere, anytime access to your accounting system.
The reasons many small businesses are moving to the cloud: As our workforce becomes more mobile, cloud accounting provides a tremendous convenience by allowing users to access the accounting system from any computer connected to the internet.
Access to up-to-date financial information and reports from any device with an internet connection (you can access your numbers with your smartphone or tablet).
Real time accounting means your records are always completely up to date making it easier for you to make the right decisions.
Since we can access your data 24/7 you get more value from us – we can help you run and grow your business rather than just add up the numbers. We can support you with your key decisions.
Fast, simple customised sales invoicing will make your life simpler. And the facility for emailing of invoices, with the option to attach a statement at the same time, makes it so easy to manage your sales and get paid quicker.
The system allows you to embody payment methods into your invoicing. For example, click and pay to drive quick collection of your debts. It makes it so much easier for you to get paid, reducing bad debts and slow payers and putting more cash in your bank account. You can also chase debtors whilst you’re on the go.
Your bank accounts can feed directly into the system, which keeps your accounts up to date and fully reconciled to the bank… this feature will save you a significant amount of time.
One of the most popular features is the “Financial Dashboard”; a fully customizable screen showing you the key financial information you need to run your business. You’ll come to rely on this Financial Dashboard just as much as you rely on the dashboard in your car when driving.
At the touch of a button you can get instant reports on your business.
Being able to sleep at night knowing your sensitive financial data is always secure and backed-up automatically.
No system downtime because all software upgrades are automatically installed. This worry-free maintenance saves you time and hassle.
Reduced accountancy fees because it makes it easier for us to produce end of year accounts.
As well as helping you, this system makes our life much easier and that means we can pass this onto you in the form of cost savings, i.e. we will pay the monthly fee for the system on your behalf.
Feel free to give us a call at 905-873-2697 or fill out the contact form
How to get started?
To be honest, we are pretty excited about the possibilities and results we’ve seen with the implementations we’ve done. If we’ve piqued your curiosity about cloud accounting, please feel free to reach out so we can continue the conversation. We can share any specific current success stories of our clients we have successfully moved to the cloud, and we can discuss our recommendations and costs for a proposed move for your business.