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Cloud Accounting
Interact with your data online, anytime, anywhere
"Nellie Harris explained finance and strategy in a clear and relatable way, using simple language and examples that made sense to me. I felt comfortable and confident in my understanding, like she was speaking my language."
Ceo of Accountix
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What is cloud accounting?
Cloud accounting software works in a similar way to desktop accounting software that has been available for over a decade. The main difference between cloud and desktop packages is that, instead of installing the software on your computer, cloud packages run on remote, secure servers which are accessed using a web browser.
Data is securely stored on the cloud, giving you instant access to real–time financial information regarding your accounts which can be accessed and worked on from any location in the world with an internet connection, via any device. Cloud accounting is more secure than traditional accounting methods as there is no requirement to transfer data between your business and your accountant and business advisor.
With cloud accounting, you can:
– Access your financial data from anywhere, at any time, using any device with an internet connection
– Automate routine tasks and focus on high-value activities like analysis and advisory services
– Collaborate in real-time with your accountants and business advisors
– Enjoy enhanced security and data protection
– Scale your accounting needs up or down as your business grows or change
How Our Team Can Help ?
We provide bespoke cloud accounting solutions based on your business and operations. Any recommendations or suggestions we make are based on the areas you want to improve in your business, for example, cashflow, getting paid quicker, real–time access to data about your business and time back to focus on growth priorities.
Our Digital Delivery Team are on hand to advise, support, guide and train to help you realise the benefits of cloud accounting to help you run and grow your business. Our teams can help you with choosing, implementing, migrating and training.
Scope Of Cloud Accounting
– Financial Management: AP, AR, GL, reporting
– Accounting Processes: invoicing, expenses, payroll, tax compliance
– Collaboration: multi-user access, real-time data sharing
– Automation: data entry, reconciliation, reporting
– Security: data encryption, backup, compliance
– Scalability: scalable infrastructure, multiple currencies/entities
– Insights: real-time dashboards, financial analysis, budgeting/forecasting
Xero
Xero is the UK’s leading cloud-based accounting software and is at the forefront of the transition to cloud based accounting. This flexible, efficient and effective package enables you to access your financial data anywhere and at any time, using a simple,
Benefits of switching to Xero
As a Xero Platinum Partner, the team at Price Bailey can work with you to make the move to cloud-based accounting as smooth and seamless as possible. Benefits from switching to Xero include:
- Easier invoicing – send individual invoices using a simple ‘pay now’ button and automate professional recurring invoices, receiving updates when they’re opened
- Pay bills – manage your cash flow by scheduling payments and batch paying suppliers
- Faster bank reconciliation – your latest banking, credit card and PayPal transactions are imported and categorised, improving accuracy by reducing the need for manual entry
- Creating purchase orders – create and email custom purchase orders and copy to bills for payment
- Claim expenses – easy-to-handle personal expenses, just review and approve receipts
- Payroll – reduce manual data entry and increase compliance with combined payroll and accounting
- Anytime, anywhere access – work from anywhere in the world that has an internet connection, and on any device using the Xero mobile app
Your Partner in Cloud Accounting
“Welcome to Nellie Harris, your partner in cloud accounting solutions. Our team of expert accountants and bookkeepers provide comprehensive cloud accounting services designed to streamline your financial management, increase efficiency, and drive business growth.
How to Choose a Cloud Accounting Service
Assess Business Needs: Determine specific accounting needs and requirements.
Research Providers: Research cloud accounting providers and their services.
Evaluate Security: Evaluate the security measures and data protection
We are always ready to help you
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Benefits of Cloud Accounting
- Increased Efficiency: Streamline accounting processes and reduce manual errors.
- Improved Collaboration: Collaborate in real-time with stakeholders and advisors.
- Enhanced Security: Enjoy advanced data protection and security measures.
- Scalability: Scale cloud accounting services as business needs change.
- - Cost Savings: Reduce software, hardware, and labor costs associated with traditional accounting methods.
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Meet Our Cloud Accounting Experts
Partner
Director of Cloud Accounting
Service Development Director
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