Categories
accounting software

Updating Accounting Software

accounting-software-review

Over the past four to five years cloud accounting has been universally adopted by all the major and minor accounting firms. There are so many practical reasons for keeping business in the cloud as I have discussed in previous articles. In the beginning, when accounting software began its transition into the cloud, most thought it would be a limo ride to ease and affordability. However, some of the simple basics turned out to be hurdles that needed to be overcome. Cloud implementation presented several fundamental challenges that weren’t being met, such as journal entries and reconciliations. These basics have long since been cleared up, and are no longer a consideration. But it just goes to show you that even the simple things can take more attention that initially realized.