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Money Talks
November 2018 - Money Talks
BECOME THE KING OF YOUR CASHFLOW: You will have probably heard the expression "cash flow is king" and there is nor better time than the start of a new financial year to commit to smarter cash flow management in your business... Find out more
Tax Checklist
2018 - Tax Checklist
To assist in completing your tax return, we have a checklist that will help you with what you need to provide us. Find out more
Virtual Tour
- Virtual Tour
Take a tour and explore our office Find out more
 What is Cloud Accounting?

Essentially, accounting software with a "cloud" component enables accounting data to be stored securely offsite - on servers/hard drives managed by a cloud provider and accessed remotely anywhere, anytime via the internet by the software user.

Today, most offers are based on either terminal server or browser technology.  Although it's recently become a buzz word, the cloud is not a new concept.  Large businesses have been using private "clouds" for many years to help facilitate multiple users accessing central business systems at the one time, and to connect ERP systems with 3rd party providers or customers (e.g. online ordering).

We are now seeing the creation of affordable solutions for small to medium businesses, so that you can take advantage of the same technology big businesses use to drive efficiency, enhance the customer experience and keep up with the competition.

  1. Work on your business where and when you want - in the office, at home, or on the road
    When your accounting software is held on a hard drive on a computer, it can be accessed when that computer is available.  For many businesses, this means access is restricted to a single computer and a single location.  When you move to a cloud solution, you have the flexibility of being able to access your company files anywhere you have internet access.  So, you can have one business partner out with the laptop recording quotes or sales while another business partners does the book keeping at a different location and both are inputting their data into the same place.  No double keying necessary and no need to take turns when accessing files. 
  2. Save hours every month by having bank transaction data delivered directly into your accounting software
    Reduce data entry time and eliminate manual keying errors by having your bank transactions delivered into your Cloud Accounting company file, then set up automatic matching rules for transactions which occur regularly - such as fuel purchases or lease payments.
  3. Peace of mind - you're always backed up
    With your business information held in a secure third party server, you always have a secure data back up, so that essential business operating data is still available if something goes wrong with the office computer.  What would you do if your office was flooded or burned down by a fire?  It is important for business information to be safe and accessible no matter what.
  4. Build your business by sharing data with your accountant in real time
    If you choose, you can giver your accountant access to your company files via the cloud.  This eliminates time consuming file transfers and travel, and also gives you the opportunity to have your accountants collaborate with you on building your business by monitoring key business indicators such as inventory levels and debtors.

 

 

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What our clients say...
  • "I've known Ross for many years and his team continues to deliver good, wholesome country service" - Read more
    - Kym Westcott, Paleo Cafe
  • "Maclean Partners are very knowledgeable accountants who are always attentive and keen to learn more about how to improve our business. John and his team offer sound advice about tax and general accounting, as well as helping structure and manage the financial aspects of the business to our advantage". - Read more
    - Tony Pascoe, NQ Foot and Ankle
  • "We've worked so hard over the past 10 years to get the business to where it is and sometimes you can't see the forest from the trees. Thanks to the Maclean Partners and the 90 Day Business Challenge, I found each module so helpful and the self-paced online aspect combined with the face to face coaching and workshops worked really well for us. - Read more
    - Nelly Evans,Powdercoat Select
  • "Nelly (my wife) told me she had signed up for some business training and I told her it was a waste of time and money. I wasn't interested in doing it at all because both our businesses are firing on all cylinders, but to show her support, I went along to the first workshop and I was impressed. Nelly and I have been doing a lot of talking, but we realised that we never had the right mindset to take action. - Read more
    - Glenn Evans, The Fencing Factory
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