Why Cloud Accounting Saves Small Businesses Time and Money

Plenty of small businesses still keep their books in a spreadsheet or a desktop program that hasn't been updated in years. It works – until it doesn't. Moving to cloud accounting software like QuickBooks Online or Xero is one of the simplest upgrades you can make, and it usually pays for itself quickly.

Your bank feeds come in automatically

Instead of typing in every transaction, cloud software pulls them straight from your bank and credit cards. You just review and categorise. Many businesses cut their bookkeeping time in half.

You can see your numbers any time

Sales, expenses, profit and cash in the bank are available on your phone or laptop whenever you need them – not just once a year when your accountant finishes the file.

Receipts stop getting lost

Snap a photo of a receipt and attach it to the transaction. No more shoeboxes, and everything is ready if CRA ever asks.

Working with your accountant gets easier

Your accountant can log in securely and see the same information you do. Questions get answered faster, and there's no need to send files back and forth.

It grows with you

Invoicing, payroll, inventory and expense apps all connect to the same system, so you can add features as your business grows without starting over.