Have you heard of Cloud accounting ? By reading this article the chances are that you have. If that’s the case, you will know that Cloud accounting is the buzz term in the business finance world, and it is a wonderful tool which can help you streamline your financial picture, making life infinitely easier come tax filing time.
Within this, you can decide whether to use the Cloud accounting software yourself, or you can decide whether to employ the professional, expert services of a Cloud accountant.
The thing is, because everything is digital, and you don’t actually meet this person, is choosing a Cloud accountant an impersonal choice?
Let’s explore.
What is a Cloud Accountant?
A Cloud accountant is a regular accountant, someone who is highly professional and experienced, but rather than working in a bricks and mortar accounting office, they work virtually. This means your accountant doesn’t need to be in your town or city, they can be absolutely anywhere.
A Cloud accountant works predominantly with Cloud accounting software, making them a professional in this type of financial planning. They can get the most out of this digital accounting method and they will be able to show you how to use your software to the best of your ability.
You don’t relinquish control over your software when you employ a Cloud accountant , because you will have joint access. Your Cloud accountant will do all the tasks that a regular accountant will do, it’s just that you don’t actually get to meet them. You can talk to them via online chat, and sometimes you can even call them and have an actual conversation, but you will never get to meet them in person.
Does This Make Hiring a Cloud Accountant Impersonal?
Not really. Provided you choose a highly experienced professional, from a company which has a fantastic reputation, why do you need to speak to them in person? You really don’t when you think about it. Provided you can contact them in some way to discuss an issue, e.g. via online chat or the telephone, you don’t have to have a personal working relationship with them at all. This means that having a digital accountant, in many ways, isn’t impersonal, it’s simply part of moving with the times.
Look at it this way, the number of people who are choosing to work remotely is growing every single year. Companies are forced to embrace this change and adapt to the way the future of working is shaping up. The same thing goes for the way we work with our financial picture.
Cloud accounting in general can bring many benefits to a business, and it gives an accurate and up to date snapshot of a business’ finances at any given time. When you add the power of a Cloud accountant to the mix you’re getting double the benefit, more experience, and a generally very accurate way to keep financial records. When tax filing time comes around, you’ll also find the entire process infinitely easier too.
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- The Capex Team