More and more businesses and self-employed professionals are making the move to online accounting software. Why? Following are 10 reasons you should make the switch.
1) Everything is one place. Everything is connected
Before online accounting software, micro-businesses and self-employed professionals had few choices. Often, they used the “shoe-box method” of accounting: throwing invoices and receipts into a shoebox which they’d hand over to their accountant or bookkeeper once per year. The few that performed their own bookkeeping and financial management used several disconnected methods (desktop apps, spreadsheets, word processing templates) and frequently did not have at-a-glance insight into finances. Read more