Thursday, October 31, 2013

Cloud Accounting: Saves Time and Energy for Busy Mompreneurs

Who likes accounting and or bookkeeping?  Very few of us. We would rather spend our days creating, talking to customers, even negotiating with vendors, instead of keeping our books straight. But as entrepreneurs the love and passion of business creativity comes with the day to day grind of keeping books.


There are many software programs available that can help make this job easier.  Of particular interest to me are the programs that are in the cloud.  Why the cloud?

Accounting in the cloud saves time and energy:

  1. Your bookkeeper or CPA could have instant access to your transactions, without your having to provide this information,

  2. Your assistant can enter your information from anywhere, no need to set up extra office space,

  3. You can enter your information from anywhere,

  4. Tax time is less hectic because most of the work is already done, 

  5. Invoicing is seamless and can be done while you are still out in the field,

  6. Payments to vendors can be seamless as well.

All in all, bookkeeping in the cloud can help you and your business by saving you time and boundless energy. The following are some companies that offer cloud computing. This list is not exhaustive.

  • Fresh Books

  • Kashoo

  • Less Accounting

  • QuickBooks 

  • Xero

  • Zoho Books

I have had experience with QuickBooks and Xero.  I am in the process of transferring to Xero because seamelessly integrates with my bank; it uploads transactions from Checkfront; it updates retail sales and transactions.  Also, it is currently hosted in the cloud for $19.95 per month compared with Quickbooks Enterprise full desktop version cloud hosting which begins at 54.99 per user per month.


Are you in the cloud for accounting?  If not why not?  If you are in the cloud, what are you using?  As busy Mompreneurs, we can all save time and energy by spending less time on our books.  Cloud accounting can help us. What do you think?  Leave your comments below.

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