Cloud Accounting Service in Malaysia

Why online accounting is good for business

So what is the cloud Accounting?

The cloud is a platform to make data and software accessible online anytime, anywhere, from any device.

You can use cloud-based software from any device with an internet connection. Online accounting means small business owners stay connected to their data and their accountants. The software can integrate with a whole ecosystem of add-ons. It’s scalable, cost-effective and easy to use.

In the cloud, the business owner no need to install and run applications over a desktop computer with limited device accessibility. Instead, you pay for the software by monthly subscription and use it anytime, anywhere with internet connection.

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Five ways cloud accounting benefits your business

Run your business from anywhere
No more downloads install or desktop software updates. Sharing files is easy, and version control issues go away. You have a clear overview of your current financial position, in real-time.
1
User access fexibility
Multi-user access makes it easy to collaborate online with your team and advisors. All users can access the software at the same time and unlimited users with no extra cost.
2
Always on the latest version & backup
With cloud accounting software you can be up and running quickly, and future updates and upgrades are rolled out automatically at no extra cost. Cloud will automatically back up all data on a daily basis.
3
Protect your business data
Cloud security is world class and is the more secure than any on-premise, in-house option. Those who provide cloud services and host software on the cloud have better digital and physical security than most businesses could ever afford. When you move your accounting software to the cloud you benefit from security measures that identify, intercept and prevent malicious attacks and threats to your data before they take effect.
4
Affordable and cost saving
Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues. Instead, they are managed by the cloud service provider. It's perfect choice for start-up or new business.
5

Problems With Traditional Accounting Software

Why Xero?

Xero accounting software is a cloud based program built to help businesses record financial entries and manage accounting operations smoothly, efficiently and more importantly, cost-effectively. It offers a real-time view of business cash flow, empowering you to see up to date financials online from anywhere at any time and any device such as Mac, tablet, PC or your phone. With this software, you can perform and streamline your accounting and bookkeeping operations without any limitation. Check out the video for overview.

Features on Xero

Online Invoicing

You can invoice a client as soon as the work is complete, even when you’re still on the job site. You’ll be notified when the invoice has been received and viewed. This considerably shortens the time to get paid.

Inventory

Track inventory, control stock, and easily add items into invoices and orders. Xero lets see your profit margins by items so you can make informed decisions.

Quotes & purchase orders

Streamline your sales process with professional online quotes that you can prepare and send in minutes. Your customers can accept, decline, or comment online. Simplify your purchasing process and easily keep track of orders.

Direct Bank Feeds

Xero receives automatic bank feeds from selected banks and financial institutions so you no longer need to download and import bank statements to get transactions into Xero.

Cloud Collaboration

You and your advisor can work from the same set of data at the same time. This allows them to quickly review your financials, spotlight opportunities, identify potential concerns and advise you in real-time.

Unlimited Users

Every Xero plan comes with unlimited users. Invite your team members or your accountant to collaborate with you.

Mobile Access

You’re always on the move and Xero moves with you. You can access accounts, check balances, upload receipts and invoice customers from your smartphone or tablet –anywhere you do business.

Fixed Assets

Track business assets for accounting purposes, and work with your accountant or bookkeeper to manage their depreciation and disposal.

More features

There are more features in Xero Cloud Accounting available.

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Elevating your business and people through simplified plans for cloud accounting service, managed-payroll and benefits – all in one place.

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