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Cloud Accounting? What is it?

Cloud accounting, what is it?
In the opinion of many, cloud bookkeeing is simply a marketing term. In fact, "the Cloud" is more of a marketing term than less. In reality cloud bookkeeping (and cloud computing) really involves the internet which has been around for generations.

In effect "Cloud Computing" is the ability to send and, or receive data on your desktop from another source outside of your desktop. The internet is vehicle used to get to the source.

Cloud bookkeeping therefore is accessing your financial data by means of the internet. Cloud bookkeeping can be limited to data retrieval or it can include data entry. You can not only review data on your bookkeeping, you enter information as you go, even on the go. This all depends on how you want to use the cloud in your business.

You probably are already in the clouds!
Do you bank online?
If so, your computer is accessing your bank's computers using the internet (or for marketing purposes, the cloud). Do you shop online? If so, your computer is accessing your retailer's computers using the internet (or for marketing purposes, the cloud).

The Cloud is something that everyone is pushing nowadays, so it only makes sense that you investigate it and determine if it is right for you!

Do you need the cloud bookkeeping for your business?
Although "the Cloud" is marketing talk, there is value to bookkeeping in the clouds. Before you decide though, there are a few factors that you need to consider.

Contact us at 201-731-3358 for your free consultation. Ask for Marc Adams, EA (our cloud specialist). MCA can help you determine if the cloud is right for you! In the meantime, check out our article Do I Need The Cloud?

Other Articles On The Cloud

Do I Need The Cloud?
How MCA Uses the Cloud.
Tiers of the Cloud.

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