This document provides an introduction to cloud accounting. It defines cloud accounting as using accounting software where the software and data are stored on the cloud rather than locally. It lists functions of cloud accounting like generating purchase orders and tracking profits. It highlights benefits like cost savings, automatic updates, and access from any device. It addresses myths around security, vendor lock-in, and ease of use. Finally, it recommends some cloud accounting options for small businesses and provides references.

1. Cloud Accounting
An Introduction

2. What Is Cloud
Accounting?

3. Cloud accounting is the use of accounting
software where the software(and the data)
is stored on the cloud rather than on your
computer. -

4. What Can I Do With
Cloud Accounting?

6. Generate
Purchase
Orders
Manage
Taxes
Automated
Reports

7. Pay
Bills
Go
Mobile
Create
Invoices

8. Company
Snapshots
Track
Profits &
Cash Flow
Monitor
Budgets
And
Expense

9. Why
Cloud Accounting?

10. Want to Wait

11. Want to Wait
OR

12. Use Internet Banking- anytime, anywhere, on any device.

13. Mail Financial Statements From Post Office

14. OR
Mail Financial Statements From Post Office

16. Tra
Traditional Filing- Access And Store Files
Only At Office.

17. Tra
Traditional Filing- Access And Store Files
Only At Office.
OR

18. Cloud Storage- access anytime, anywhere, on any device

19. And Numbers
Don’t lie!

20. Cloud Adoption
+65% +41%
Accounting practices are
using or planning to use
cloud accounting
Are using cloud
accounting to manage
their accounting

21. And…
+25% +12%
More clients are insisting
on cloud accounting
software [2013 to 2014]
Accountants are using
cloud as a competitive
difference[2013 to 2014]

22. Cloud Accounting
Benefits

23. #1. Cost Saving
No up-front hardware cost, you only pay for what you use.

24. #2. Always up to Date
Free Automatic and instant upgrades.

25. #3. Convenience
Access, share and work with your info, anywhere,
anytime, on any device.

26. Cloud Accounting
Myths

27. #1. Security
Isn’t it possible to lose my data in the cloud?

28. #1. Security
Isn’t it possible to lose my data in the cloud?
NO

29. #1. Security
Isn’t it possible to lose my data in the cloud?
Most Cloud accounting offers a level of security that
is on par with major banks, keeping your data safe.
NO

30. #2. Vendor Confidence
Once I select a vendor, I’m locked in.

31. #2. Vendor Confidence
Once I select a vendor, I’m locked in.
NO

32. #2. Vendor Confidence
Once I select a vendor, I’m locked in.
NO
of cloud computing users say they’re happy
with their overall experience.

33. #3. Ease of Use
Isn’t cloud only for tech people?

34. #3. Ease of Use
Isn’t cloud only for tech people?
NO

35. #3. Ease of Use
Isn’t cloud only for tech people?
The cloud is much easier for everyone – you just log
in and it works.
NO

36. Top Picks For Small Business
Cloud Accounting?

37. Some of them are

38. About Ace Cloud Hosting
Ace Cloud Hosting
powered by Real Time
Cloud Services (RTCS), is
an Authorized commercial
QuickBooks Hosting
provider to Bookkeepers,
CPAs and SMBs dedicated
to provide significant
values to its clients.
RTCS has been in the
application hosting
business for more than a
decade delivering
significant value to its
clients.

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40. References-
1.Intuit - What is Cloud Accounting Software?
2.Why Cloud Accounting Is Good For Business
3.Cloud Accounting Research Report
4.Understanding Cloud Computing
5.Forbes - And The Best Small Business Cloud
Accounting Software Is...
6.How Cloud Computing And Accountancy Is
Related In More Ways Than You Think
7.Image Source – Shutterstock.com
8.Background Image Source – Cloud Accountants