We're often asked questions about moving to cloud based accounting, and as a Quickbooks ProAdvosor and Xero Partner, we find several questions come up again and again. So here's our answers to some of the questions we're most often asked.....
Read our white paper on the subject:
We’re not sure how bothered you are, but once you’ve moved online, your books are no longer stored in your office or on your PC. They’re in “the Cloud” - servers managed by the software provider. If you don’t like that idea, then probably a move to the cloud isn’t going to work for you.
Other possible drawbacks we’re aware of are also based on your files being moved;
These are the ones we've identified; if you have found more, then let us know.
According to HMRC ;
“HMRC recommend you keep all the original documents you receive. This does not mean you need to keep them on paper. Most records can be scanned and kept electronically on a computer or a storage device such as a CD or memory stick. Make sure that whatever you use to keep records you have both the front and back of documents and can easily access them so you can pass them to HMRC”
Check out their more detailed guidance here;
Following our review of what's out there for UK clients at the moment, Whitehill have applied for - and been accepted - into the Intuit ProAdvisor scheme for Quickbooks Online. We’re also in the Xero Partnership programme. This means that our bookkeepers are certified by Xero and Quickbooks to offer bookkeeping support for their systems, and it also means that we can provide you with a full setup and ongoing service for your books. We can arrange to transfer, check and set up your existing books (Quickbooks or Sage) in the cloud, and work with you to get you started and supported in the long term. We can also offer complete bookkeeping packages for you, passing on the benefits of time saved for us by using the cloud.
For more information, demonstration versions and more, check out the sites below;
Also try out these recent reviews and articles;