{"id":3294,"date":"2021-01-18T13:10:58","date_gmt":"2021-01-18T18:10:58","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=3294"},"modified":"2026-04-08T09:03:15","modified_gmt":"2026-04-08T13:03:15","slug":"here-are-10-key-things-you-need-to-know-about-cloud-accounting","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/here-are-10-key-things-you-need-to-know-about-cloud-accounting\/","title":{"rendered":"10 key things you need to know about cloud accounting software for small business"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/technology-innovation\/\" class=\"entry-header__link\">Technology &amp; Innovation<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\t10 key things you need to know about cloud accounting software for small business\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2021-01-18T13:10:58-05:00\">January 18, 2021<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"10 key things you need to know about cloud accounting software for small business\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/here-are-10-key-things-you-need-to-know-about-cloud-accounting\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/staceymcintosh\/\">\n\t\t\t\t<img decoding=\"async\" alt=\"\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2018\/11\/Stacey-McIntosh-350-1.jpg\" class=\"entry-author__image\" height=\"40\" width=\"40\" fetchpriority=\"high\" \/>\t\t\t\t<span class=\"entry-author__name\">Stacey McIntosh<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"video-container-wrap -mode-full\"><div class=\"video-container\"><video\n\t\t\t\tclass=\"sage-video video-js vjs-default-skin \"\n\t\t\t\twidth=\"640\"\n\t\t\t\theight=\"360\"\n\t\t\t\tdata-setup='{ \"controls\": true, \"aspectRatio\" : \"16:9\", \"poster\": \"https:\/\/img.youtube.com\/vi\/RwH9YGh30PY\/hqdefault.jpg\", \"techOrder\": [\"youtube\"], \"enablejsapi\": 1, \"origin\": \"https:\/\/www.sage.com\", \"sources\": [{ \"type\": \"video\/youtube\", \"src\": \"https:\/\/www.youtube.com\/watch?v=RwH9YGh30PY\"}], \"youtube\": { \"ytControls\": 0, \"cc_load_policy\": 3, \"modestbranding\": 1, \"hl\": \"en_US\", \"playsinline\": 1 } }'\n\t\t\t\tcrossorigin=\"\"><\/video><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p>It is not uncommon for a small business owner to start tracking their <a href=\"https:\/\/www.youtube.com\/watch?v=czDJ_HSsPgU&amp;list=PLG3VAatOz36k--3-6Hp_gd4_d8Nw6K2UY\">business finances<\/a> with a spreadsheet. Or perhaps more accurately, a series of spreadsheets.<\/p>\n\n\n\n<p>However, as your finances become more complex, you\u2019ll quickly discover spreadsheets don\u2019t grow well with your business.<\/p>\n\n\n\n<p>Here are 10 ways a cloud accounting software&nbsp;can help you streamline your business admin and take control of your finances.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-1-the-ability-to-access-your-accounts-in-the-cloud-anytime-anywhere\"><strong>1. The ability to access your accounts in the cloud, anytime, anywhere<\/strong><\/h2>\n\n\n\n<p>The beach, the bar, the bedroom, the golf course! All you need is an internet connection = greater flexibility.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2-cloud-accounting-software-is-simple-to-use\"><strong>2. Cloud accounting software is simple to use<\/strong><\/h2>\n\n\n\n<p>Reduce the time you spend on paperwork = Better efficiency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-3-the-ability-to-share-information-online-easily\"><strong>3. The ability to share information online easily<\/strong><\/h2>\n\n\n\n<p>With your accountant, bookkeeper, bank, business partner &#8211; whoever, whenever = Increased accessibility.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-4-say-goodbye-to-year-end-historical-data\"><strong>4. Say goodbye to year-end historical data<\/strong><\/h2>\n\n\n\n<p>Here&#8217;s to the future &#8211; running your business with real-time information = improved decision making.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-5-remove-the-need-for-manual-and-paper-based-systems\"><strong>5. Remove the need for manual and paper-based systems<\/strong><\/h2>\n\n\n\n<p>Get organized &#8211; free up space in your office = Clutter-free working environment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-6-keep-the-tax-man-happy\"><strong>6. Keep the tax man happy<\/strong><\/h2>\n\n\n\n<p>Tax compliant software and systems = <a href=\"https:\/\/www.sage.com\/en-us\/accounting-software\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stress-free accounting<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-7-stay-safe-and-secure\"><strong>7. Stay safe and secure<\/strong><\/h2>\n\n\n\n<p>Your files are backed up &#8220;in the cloud&#8221; = Peace of mind.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-8-always-work-with-the-latest-software-version-with-free-updates-and-upgrades\"><strong>8. Always work with the &#8220;latest&#8221; software version with free updates and upgrades<\/strong><\/h2>\n\n\n\n<p>No more &#8220;improved software&#8221; upgrades to pay for = More cost-effective solutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-9-your-cloud-accounting-software-grows-with-your-small-business\"><strong>9. Your cloud accounting software grows with your small business<\/strong><\/h2>\n\n\n\n<p>No limit on the number of monthly transactions = scalable software.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-10-receive-access-to-a-24-hour-support-team\"><strong>10. Receive access to a 24-hour support team<\/strong><\/h2>\n\n\n\n<p>24\/7 email and phone support = Free help, day or night.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-read-more-on-about-cloud-accounting-software-for-small-business\"><strong>Read more on about cloud accounting software for small business<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.sage.com\/en-us\/blog\/autoentry-helps-digitize-your-business\/\">No more admin headaches &#8211; AutoEntry helps digitize your business<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.sage.com\/en-us\/blog\/5-reasons-you-should-be-using-a-receipt-app\/\">5 reasons you should be using a receipt app<\/a><\/li>\n<\/ul>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to the Sage Advice Small Business Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1305268048-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1305268048-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It is not uncommon for a small business owner to start tracking their business finances with a spreadsheet. Or perhaps more accurately, a series of spreadsheets. However, as your finances become more complex, you\u2019ll quickly discover spreadsheets don\u2019t grow well with your business. Here are 10 ways a cloud accounting software&nbsp;can help you streamline your [&hellip;]<\/p>\n","protected":false},"author":346,"featured_media":3301,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":true,"post_featured_image_hide":false,"footnotes":""},"categories":[48],"tags":[110,346,168],"business_type":[40,312],"lilypad":[],"context":[],"industry":[204],"persona":[96,97],"imagine_tag":[230],"coauthors":[587],"class_list":["post-3294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-innovation","tag-accounting-101","tag-cloud-technology","tag-sage-accounting","business_type-small-business","business_type-accountants","industry-technology"],"sage_meta":{"region":"en-us","author_name":"Stacey McIntosh","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2018\/01\/businessmanusingcloudsoftware.jpg","imagine_tags":{"230":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/3294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=3294"}],"version-history":[{"count":1,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/3294\/revisions"}],"predecessor-version":[{"id":35990,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/3294\/revisions\/35990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/3301"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=3294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=3294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=3294"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=3294"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=3294"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=3294"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=3294"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=3294"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=3294"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=3294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}