Why Most Business Owners are Taking up Cloud Accounting

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Why Most Business Owners are Taking up Cloud
Accounting
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• Over the last 18 months, you may have heard the
  word cloud accounting. So why is there such a
  buzz right now. Well, clouding accounting offers
  so many great tools and reports that it is
  helping make running a business that little bit
  easier and less stressful.

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• Currently, most lots of business owners would use
  either an Excel spread sheet or an accounting
  systems set up on their computers such as MYOB to
  help track the financial performance of their
  business. If it is MYOB, there is generally a
  file that must be transferred to the accountant
  on a regular basis.

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• Clouding Accounting offers many advantages
• Makes it easier to manage cash flow as you can
  access reports and information at your finger
  tips
• Save time on invoicing clients
• Save time reconciling your bank statement due to
  automatic bank feeds

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• Reducing debtors
• Creates better relationship with suppliers as you
  can manage cash flow better and pay with your
  current terms
• Reduces bookkeeping fees especially if you are
  using mobile friendly applications to scan and
  collect receipts information and bills
• Reduces time to pay employees and superannuation
  contributions

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• For some business owners, clouding accounting
  may seem to be a daunting task. In fact, the
  process to convert from MYOB to a Cloud
  Accounting software is really easy straight
  forward. There initial time spent setting up the
  systems could save you thousands of dollars every
  year.

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• If you want to save money, gain more time in your
  day and reduce stress when it comes to
  bookkeeping, then consider cloud accounting. At
  Hall Chadwick, we have made the process easier
  by forming a strategic alliance with a
  bookkeeping firm using the latest cloud
  accounting having an in-house bookkeeping
  department. Give Tim Hoop mann a call today and
  he can assist with helping you move into the
  cloud for your bookkeeping.