When it comes to choosing a small business accounting app, QuickBooks is an excellent option. As one of the most popular business apps around, QuickBooks can help you to manage income and expenses so that your financial health remains in good shape. Whether it's helping you invoice customers or handling finance-based tasks like reporting or paying bills, QuickBooks works wonders for keeping on top of your commercial finances. However, there are some things it can't do and this is where QuickBooks hosting comes into play.
QuickBooks hosting for businesses refers to the option of installing the desktop version of QuickBooks on an offsite server rather than installing it on a local machine. This is done through a web browser or RDP connector which enables you to access the software from any device and from any location that has an internet connection. Hosting, in general, means storing or keeping something in a place that is outside of your home or place of business. QuickBooks cloud Hosting is just one example of a latest cloud technology used by accounting firms & CPAs for better output.
QuickBooks desktop software has excellent functions that make it easy for CPAs to handle various accounting tasks. Its limitations restrict professionals from utilizing it maximally. With QuickBooks hosting, these businesses can overcome most of these limitations because it allows business to access their QuickBooks data remotely and securely over the Internet.
Let’s take a look at the difference between hosted QuickBooks and local QB setup:
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We discussed the differences between local and cloud based QuickBooks, but there is more to it.
Hosted QuickBooks is not only a popular choice for business owners who want to reduce their downtime and lower the cost of maintaining their software. But with hosted QuickBooks, your data is safely stored on the central server instead of your computer or laptop. Even though you do not have to worry about storing the data yourself, it's still important to update your backups regularly so that you'll be protected in case something happens!
Not only that, but after switching to QuickBooks hosting for business, you'll get to work with hosts who specialize in integrating plugins. Most popular QuickBooks plugins include Smart Vault, BillQuick, and ACCTivate! Plugins are available in a variety of flavors on the cloud and experts recommend selecting the ones that fit your needs, You can choose the top rated hosts like Quick Cloud which is a QB hosting provider who is an industry-leading IT expert specializing in cloud-based software solutions for accounting practices.
Still, there are accountants that are skeptical about moving their QB to the cloud and this timidity many new users feel when switching to QuickBooks hosting for business is usually caused by a combination of not knowing very much about what's involved or how things work, and the fact that there are many terms, practices and strategies involved with accounting. QuickBooks cloud hosting providers make it easier by providing many tutorials, video and other learning content over the internet, so the business owners can gain enough knowledge about how it works on the cloud and can make informed decision about the future of their accounting firms.
QuickBooks is accounting software that can be hosted in the cloud. It has numerous business purposes, so it is important you understand how it works on the cloud before making a choice about whether or not to use it for your business. As a way of informing yourself about QuickBooks hosting, we have provided some information below regarding the associated benefits with QuickBooks on the cloud.
Benefits of QuickBooks on the cloud for your small business:
Additional Security for your data:
Security is the most important aspect of a business. Having your data and resources stored on a physical system makes it vulnerable to theft. There is also a risk of data loss due to hardware failure. QuickBooks cloud hosting enables you to have your data on the cloud and thus, makes it more secure than in a conventional setup because your sensitive information can be protected by secure servers, as well as serve as an extra layer of backup for when disaster strikes.
Compatible with all your favorite devices:
When you use hosted QuickBooks software, you can work with your other team members on different devices. No matter the number of users, one can access it from anywhere. Needless to say, you don't need to carry your laptop everywhere; you can set up a device that has an operating system installed. All that needed is an active internet access and authorized access.
More growth for your business:
QuickBooks cloud hosting has not left any doors open to inefficiency as evidenced from its very efficient and technologically superior functionality. Cloud hosted QuickBooks will help CPAs or business owners work in a feature-enhanced environment! In addition, users get more time to dedicate to their company's growth and productivity than they would when juggling the accounting themselves.
Centralized remote access for your users:
The QuickBooks Cloud hosting is a very helpful feature that allows accounting tasks and your financial records to be accessed from anywhere in the world. This is great news for accountants, CPAs, or CFOs who are interested in monitoring the financial status of their company remotely for any reason. And what's even better is that this feature ensures the security of people's sensitive information as it helps to keep it all on a secure server! The QuickBooks Cloud acts as a centralized crossroad to help business owners get real-time reports of where things stand with not just their accounting but with their entire remote staff.
Conclusion:
Cloud hosting is becoming the future of applications. As more and more companies use SaaS applications, businesses are realizing how valuable cloud technology is to them. With real-time access to apps even for their employees, there are benefits that include less investment costs, improved accessibility, increased security of data, and risk mitigation as well as flexible maintenance. This is why the accounting industry is moving their QuickBooks on the cloud.