Cloud Computing & Tricks and Tips - UK - Edition 04 (2020)

Small business owners no longer need to purchase expensive and time consuming

accounting software, thanks to cloud accounting services. The benefits of accounting in the

cloud are well documented: better security, disaster recovery, accessible data etc. What’s

available for you though?

A typical cloud accounting service will offer invoicing, banking, purchasing, expenses and tax management, with the
ability to integrate add-ons such as PayPal.

CLOUD FINANCIALS

Cloud Accounting Examples

ClearBooks is a great start when
researching cloud accounting for
your business. With it you can create
customisable invoices, set automatic payment reminders and
schedule recurring invoices. It’s also excellent for keeping up
with your tax returns and managing your banking.

    CLEARBOOKS

Xero allows online invoicing, a mobile app, stock
management, payroll management and bank
reconciliation. It can handle multiple currencies,
has a high level of security and customisable reporting.
In short, it’s considered one of the best online accounting
solutions available.

    XERO

According   to  FreshBooks, you can

save    192 hours   a   year    just    by  using   its

software.   Hailed  as  one of  the easiest

to  use and implement   cloud   accounting  services,   FreshBooks

can manage  every   aspect  of  your    small   business    accounting

needs,  together    with    being   able    to  integrate   numerous    apps.

    FRESHBOOKS

QuickBooks  is  an  excellent   choice

of  cloud   accounting  services    for the

small   business    user.   It  offers  good

value   for money,  is  easy    to  use and covers  everything  you’ll

need    from    financial   software,   including   an  easy    to  use tax

return  feature.

    QUICKBOOKS

Cloud for Business