Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, only the accounting software is hosted on remote servers, similar to the SaaS (Software as a Service) business model. Data is sent into “the cloud,” where it is processed and returned to the user. All application functions are performed off-site, not on the user’s desktop. In cloud computing, users access software applications remotely through the Internet or other network via a cloud application service provider. Using cloud accounting software frees the business from having to install and maintain software on individual desktop computers. Cloud accounting solutions also allow employees in other departments, remote or branch offices to access the same data and the same version of the software.
I am able to manage the accounts of my clients from any location. I can access up-to-date figures from their offices, from my office, from the comfort of my own home, or when I am on the move. Also, my clients can log in at the same time and I can give them remote financial advice, despite being hundreds of miles apart.
I use ethio finance on a daily basis, whether I’m working at home, in the office or when travelling around the country. Being able to access the accounts from any location ensures that I can keep completely up to date with the business’s finances. With ethio finance being completely online, I can liaise with the team up in Nigeria viewing exactly the same up-to-date figures. I can also bring up the numbers when I’m at the accountant’s, meaning that there is no need for back-ups or file transfers. .
I not only advise my clients to use ethio finance, I also use it within my own accountancy firm. ethio finance payroll provides fantastic value for emailing pay slip to employees and is simple and easy to use and the online accounting software is a great tool.
In our company, we do facilitate all the offerings of professional accounting and record keeping services; which is basically acceptable by the law of the nation. In doing so, we also intimately work with the client in solving and administrating the following duties.
Effectively acting as part of your own Finance Department, ethio finance ™ can provide services that range from straightforward data entry through to financial statements preparation;