Cloud based accounting is what we collectively refer to using a website vs. software to maintain your accounting records.
The most common platforms currently are Quickbooks Online, Xero, and Freshbooks.
However, the platform is just the base. Similar to your phone, Apps are utilized to specialize the platform to meet your unique needs.
There are hundreds (if not thousands) of apps that integrate with the online platforms, which makes it highly likely you will find one (or many) that suit your needs.
Yes, there are A LOT of apps. Good news, by partnering with an accountant, we can help you find the top three that will best meet the needs of one area. From there, working with you to narrow it down to the final choice is all about personal preference. Sometimes the choice between the final apps can be something as small as preferring the colour and design of it. Other times, it’s that the functionality seems to naturally fit with your logic, thus making it easier for you to learn. Whatever it is, it is very important that you make the final decision, since you are the one using it.