With more than 1.57 million subscribers, QuickBooks is one of the most popular and powerful accounting software which is being used by CPAs, Bookkeepers, SMEs and accountants
The company Intuit firstly launched Quicken to solve the accounting problems of non-accountants like families and individuals but with its increasing popularity and introduction of QuickBooks, it has emerged as a professional accounting solution but with the introduction of cloud accounting, QuickBooks Hosting has become the first choice of professional accountants like CPAs.
Nowadays, most of the CPAs and bookkeepers use the most powerful accounting solution, QuickBooks hosting. With enhanced functionality and flexibility, the hosted QuickBooks solves many accounting problems which any other software can’t do.
So, in this blog post, we will be looking at why QuickBooks hosting has become the first choice of CPAs.
QuickBooks hosting is the cloud-hosted QuickBooks desktop and is always better than the online version. This is one of the reasons why most of the CPAs prefer the hosted version because it gives all the features of the desktop version with the power of cloud while if you go for the online version, you will find many features of the desktop version missing. So even if the online version provides features like multi-user access, it still didn’t offer all the functions of the desktop version.
But one of the main reasons why most of the CPAs prefer the hosted version because CPAs have to travel from one client to another for accessing their data and with a long list of clients, it really becomes difficult to travel and manage them all.
But with the help of QuickBooks hosting, all the CPAs can access the company files from anywhere and anytime. So even with a long list of clients, CPAs don’t feel any difficulty in managing. They can access the company file with any device which has internet access. So there is also no device restriction in this version.
In addition to this, the QuickBooks hosting offers multi-user access as well. This unique feature of the hosted version allows multiple users to access the company file at the same time. So, instead of wasting time in sending the financial data back and forth, multiple CPAs can access the company file at the same time which will not only enhance the collaboration of the employees but it will also allow them to work as a team.
One of the major restrictions for CPAs while using the desktop version is updates. Whenever a new update arrives in the market, the CPAs have to go through a very time taking process of updating the software to the newest version and in this era of time crunch, wasting so much time in just updating the software is not possible. But after opting for QuickBooks hosting, security breach becomes meaningless. The hosted version of the software offers ultra-secure cloud environment as both the data center and the third party hosting providers, follow high-standard security protocol on both the physical and virtual level.
CPAs are professional accountants who had to pass an exam to become certified accountants and they need the best accounting solution for serving their clients in the best way. That’s why most of the CPAs go for QuickBooks hosting because it allows them to work at their peak and utilize the most updated technology in the best possible way.
Preeti is a technical content writer who is currently associated with Cloudwalk. She spends most of the time of her day in the world of cloud computing and accounting software. Her vast experience in the field of cloud software and her love for IT has allowed her to become a major contributor on most of the knowledge based cloud platforms.