Cloud accounting software is an application that allows you to store your accounting data and access it from any location using the internet or another network via a cloud application service provider. It is hosted on a remote server, so there is no need to install it on any local server. Users can access the application from their own devices.
Also known as SaaS accounting software, cloud accounting software has become highly preferred in recent times due to its flexibility, data security, accessibility, and efficiency. One such software is Output Books, an online accounting solution.
Output Books – Cloud Accounting Software
Output Books is one of the best cloud accounting software solutions on the market, making business accounting easy and hassle-free. It keeps your accounting data at your fingertips.
Let’s look at the benefits of using cloud accounting software, also known as web-based accounting software.
Benefits of Cloud Accounting Software – Output Books
Many of the drawbacks of desktop accounting software have been overcome by cloud accounting software. Here are some key benefits:
1. Access your accounts from anywhere at any time
With all your accounting data in Output Books, you can create and send invoices, track payments, manage expenses, and more. Easily view your accounting data and handle complete accounting and billing online, anytime and from anywhere.
2. Access & Analyze Finance Reports in Real Time
Once you record a sale or update an expense, the data is automatically updated and synced online without delay, giving you access to real-time financial reports. This allows you to make informed decisions based on insights, supporting the growth of your business.
3. Ability to access from any Internet connected devices
Access your accounting/book keeping from any of the devices like computer, laptop or mobile which is connected to Internet or any other network at any time you need. Your employees/colleagues with role privileges can login from multiple devices & work on the data synced online.
4. Manage Multiple Branches
You can manage accounting data across multiple branches from your cloud login. Monitor activity in each branch and stay updated on real-time sales and cash flow for each branch, warehouse, or outlet. View consolidated profit and loss reports, sales reports, and daily cash flow accounts all from a single screen.
5. Check Sales / Purchase / Inventory activities of multiple retail outlet
If you own multiple retail outlets across various locations, you can bring all these branches under one cloud with Output Books cloud accounting software. Accurately check each outlet’s sales, purchases, and inventory details from anywhere. Manage any branch and oversee your business on the go.
6. Secure access of Data
Your accounting data will remain encrypted and password-protected since it is not installed on any single computer. With desktop accounting software, if the system is damaged or stolen, there is a risk of data breach. However, with cloud accounting software, you don’t have to worry about your data security.
7. Saves Cost
Since there is no software installation required, cloud accounting software reduces the need for server infrastructure and eliminates maintenance costs associated with offline accounting software. This allows you to save on overhead expenses, such as hiring staff for maintenance.
Every Features to make your accounting easy
- POS Billing
- Barcode Creation, Printing & Scanning
- On Time GST Filing
- Bank Reconciliation
- Multiple Branch/Warehouse Inventory Management
- E-Way Bill
- Sales Rep Integration
- UPI, WhatsApp, and SMS Integration
Why not give it a try now? It only takes a minute to sign up! – Click Here