By Paul J. Gerry, Jr., CPA, PFS
Gray, Gray & Gray, LLP
If you’re like most American businesses, you use an accounting application that is housed and accessed on-site. Most likely that application is QuickBooks, which is far and away the most popular accounting application for small and medium sized businesses. And with good reason. QuickBooks is simple to use, comes with a wide range of helpful features, and is well supported by its developer, Intuit.
Here at Gray, Gray, & Gray, we have supported QuickBooks for our clients with great success for many years. And we will continue to provide support for QuickBooks for those clients who continue to use it. But as the business world continues to trend towards Cloud-based storage and computing, we have adapted with the times.
The accounting industry has taken to the Cloud, which has proven to be a secure, accessible, and time-saving use of advanced technology. QuickBooks, which has enjoyed the major share of the small business accounting software market, now has competitors springing up left and right thanks to the accessibility and user-friendly nature of the Cloud.
Your company may already be using Cloud-based applications for things like data storage, payroll, and collaborative project management. Moving your accounting to the Cloud is the next logical step. A Cloud-based accounting program can provide secure access to important financial information via tablets and smartphones, something that QuickBooks does not offer. The Cloud also offers secure back-up storage for vital data.
If you make the switch from in-house QuickBooks to Cloud-based accounting, Gray, Gray, & Gray can easily tailor a Cloud-based accounting application to fit your company’s specific needs.
Some businesses are wary of moving their accounting to the Cloud. There is a misperception that once files hit the Cloud they can be accessed by scammers and hackers at will. While no system can claim to be 100% secure, the security provided by most Cloud servers is highly reliable.
What does this all mean for your company’s accounting? If you are one of the many current QuickBooks customers who are frustrated with the limitations of the older software, you now have the option of switching to a more flexible Cloud-based system that offers additional features and benefits.
If you currently use QuickBooks through Gray, Gray, & Gray, we will continue to support you with the same efficient, quality accounting services. But if you do wish to make the switch to the Cloud, we are fully equipped to assist you in doing so. Once in place, your Cloud-based accounting will be even simpler to access and use than QuickBooks, and will also promote greater real-time collaboration.