When it comes to accounting, there is nothing to beat the desktop version of QuickBooks software. It is the popular choice of most accounting professionals. The software has kept up with the rapid changes in accounting and incorporated the latest technological developments. But to get the most out of QuickBooks, you must opt for QuickBooks Hosting or QuickBooks on the Cloud.
QuickBooks hosting takes advantage of the latest innovation in technology, cloud computing. There is no visible difference between QuickBooks on the cloud and the desktop version of QuickBooks with respect to user interface and appearance, but there is a substantial improvement in user experience with QuickBooks hosting. Let’s discuss why you should opt for QuickBooks on the Cloud.
Reason #1: Higher productivity
QuickBooks hosting solves many problems associated with the desktop version of QuickBooks, or with the accounting operations done on a local machine. For one, you don’t have to worry about installing any software, setup or maintenance. All you need to do is to launch an app belonging to the cloud hosting provider and you are ready to go. Further, QuickBooks hosting provides an anytime, anywhere access, which means you are connected to your accounting operations no matter where you are in the world, at any time of the day. It also allows for multi-user collaborations, so that members of your team can work on the same accounting data simultaneously, or at a time of their choice, depending on their level of authorization.
Reason #2: Saves Money
QuickBooks on the Cloud saves money without making any compromises on the quality of the service. Since there is no need to maintain a local server in cloud computing, this saves you from the expenses related having a full-fledged IT infrastructure. You won’t have to pay for any expensive software upgrades or hardware installations either. All of this is taken care of by the cloud computing company. As your requirements change with time, you can easily scale up or scale down your plan, instead of buying new systems or servers. This can potentially save you hundreds of thousands of dollars in the long-term. QuickBooks Hosting plans are available on a monthly, quarterly and yearly basis. You can choose a plan that is appropriate for your requirements. If you need QuickBooks only for the tax season, you can choose a monthly plan. Else, if you are a professional accountant or CPA, you can go for the yearly plan.
Reason #3: Protects Your Privacy and Security
Protecting the privacy and security of your accounting data is of the utmost importance. You cannot afford to lose your accounting information, or have it fall into the wrong hands – that could have catastrophic consequences for your business. With QuickBooks on the Cloud, such a threat is non-existent. Your data is stored in powerful servers packed in ultra-secure data centers that have 24/7 power backup and round-the-clock security. Also, the data is backed up daily and stored in multiple locations in the world, which allows for a maximum data redundancy.