What are the best cloud-based accountancy software options?

What are the best cloud-based accountancy software options?

Over recent years, accountancy has seen big changes in the way the sector operates. Many clients and accountants have turned to online cloud-based accounting for the many benefits it brings. From increased security to cost reductions and offering a more efficient way to keep your books up to date, the cloud has really changed the way accounts are done. The wind of technological change has certainly blown through the accountancy sector in a big way.

But what if you are thinking of using the cloud to do your accounts and aren’t sure which piece of software to use? Below are some of the most popular out there on the market today.

1. QuickBooks

This is one of the most well-known and widely used online accountancy packages you can find. Many will know it from the big advertising campaigns it has run on TV over the years. This cloud-based software is easy to use and has a good range of reporting options, even on the basic membership level. It is particularly good for smaller businesses who need something simple and effective to keep their finances up to date.

2. Xero

Another big hitter, especially with cloud-based accountancy firms, is Xero. Along with all the usual accounting features, it can also help with expenses, invoicing and inventory. A really neat touch is the app that is available to download for your mobile device too. This is another package that is pretty simple to use but has very powerful reporting features underneath.

3. Sage One

Anyone who has worked in finance or accounts before will know about Sage. This version is aimed at the smaller to medium sized business but still gives a great way to do your books. All the standard Sage features are included so you can easily deal with things like payroll, cashflow and invoicing. Simple to use, it will certainly be suitable if you have used Sage before.

Let SQK Accountancy help

As you can see from the above, cloud-based accountancy has many great features and is the most efficient way to deal with your financial business records. If you would rather someone else use this type of software to do it for you, give us a call today. Our team of professional accountants are experts in cloud-based accountancy and ready to help.

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