Cleanup Accounting | Mining Industry | Multinational | Outsourced CFO | Cloud Accounting
Don’t get me wrong, I am a huge fan of cloud based accounting software. However, there are some risks and disadvantages, some of which I have learned through experience. I will discuss them in detail and show you how to mitigate them. 1) Database conversion problems Right out of the starting blocks, this is a … Read more
The worldwide impact of the Corona Virus (COVID-19) demonstrated the importance of being able to access your accounting records remotely. And that certainly is one of the main and obvious benefits of cloud based accounting software. However, that is just one of the many advantages of taking your accounting to the cloud: 1) Accessible accounting … Read more
What is cloud based accounting software or programs, and how does it differ from traditional desktop accounting solutions? The main difference between traditional desktop software and cloud based accounting software is the location of the server, which hosts the program and/or the data. There are other significant differences, which I discuss as well. Let’s look … Read more