Cloud Accounting Software is an amazing tool for many businesses, big or small, but sometimes investing in a new service or a new system can take more than just money. Do you have the time to send invoices, evaluate your trial balances online, or simply remember the ins and outs of your new system?
You don’t have to be an accountant to use cloud accounting software.
That’s where your virtual assistant comes in. Cloud accounting software is an effective and productive management tool that gives you instant access to important business information – but you don’t need to spend time learning about its nuances or re-learning your high school accounting lessons.
Your virtual assistant can completely manage your new service and liaise with your accountant, and all you need to do is ask for the reports or a particular service, on-demand.
Your VA can send out your monthly invoices and manage payroll, they can chase up if a debtor has outstanding invoices, and they can escalate any issues that require your attention. Or, they can liaise with your accountant and make sure that it all gets done to your specifications. You can log in whenever you want to check the status, and highlight any issues for your VA’s attention.
You could also have your VA manage all of your cloud accounting services, from uploading and formatting expenses to running analytics and reports to determine how things could be done better.
It’s like having your own personal accountant with full access, from the comfort of your home.
It’s not only businesses and VAs who benefit from cloud-based accounting: professional accountants have used it for years to deliver better services with more flexibility, transparency and deliverable results.
Carolynne Spenser, a UK-based cloud-accountant specialist, started using cloud solutions for accounting with their clients over five years ago. “It has allowed more flexibility and tailoring of our services,” she said, “enabling us to work with clients in real time using live data.”
Isn’t it time your business started using cloud accounting?
Updated on May 18th, 2021