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Why Is Storing QuickBooks Accountant Data In The Cloud Important?

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With the evolution of new technologies of storing QuickBooks accountant data in the cloud, the accounting industry has also evolved. Today, storing your QuickBooks data on the cloud is safer than storing it on the desktop. Being one of the most trusted accounting software, QuickBooks has made accounting feasible and less time-consuming for the accountant. The QuickBooks cloud storage companies have resources that are good enough to store your account information safely. For knowing why Storing QB Accountant Data in the Cloud is essential, speak with our QuickBooks hosting provider.

Learn About Storing QuickBooks Accountant Data In The Cloud

Can I store my QuickBooks file in the cloud? surely, you can. During transferring your accountant data, fear of losing your information comes naturally. QuickBooks cloud storage is expanding. Many leading QB cloud storage providers are entering into the business. As per Intuit, 80% of small companies will transfer their data to cloud storage by 2020, doubling the current statistics.

Meanwhile, users prefer short-term solutions to compress their files and work. After a specific time, the data can become significant. Thereby making your business grow, and also your storage. If not followed by the need of the hour, you can face some issues such as crashing of the database, slowness in running reports. Therefore, it’s advisable to Store QuickBooks accountant data in the cloud.

You will be amazed to know that QuickBooks database is active and keeps on updating the records and data. That’s why file-sharing services like iCloud, Google drive can’t handle what QuickBooks needs in terms of database storage, mainly in a multi-user setup of QB. As many businesses have tried sharing their files by the specified servers, and it realized that it’s not workable. 

How Can You Overcome The Technical Glitches Of QuickBooks Cloud Hosting?

Accountants face many challenges in traditional accounting. These are some of the methods for overcoming these shortcomings.

1. Is the Financial Data secured?

  1. The data on which the accountant is working is highly private, which even the clients want to keep secure. Limiting data storage to the local systems poses various security threats such as Cyber-attacks, hardware theft, data breaches, etc. If the data is not recovered, the situation might get worse.
  2. That’s where storing the accountant data in the Cloud plays a significant role. It keeps a daily backup of the data files, reducing the fear of losing data. The QuickBooks vendors deploy the highest mediums to keep your data secure, which include advanced security algorithms, firewall protection, and secure data encryption.

2. Is Downtime hampering your business?

  1. The probability of Downtime is high on a local computer. A team of accounting professionals always guards it. It may take hours to correct the error, so the accountant is left with no option but to wait. If not recovered, the downtime may lead to a business loss if it occurs during the peak productive hours.
  2. To the rescue comes QuickBooks vendors, who guarantee 99.95% of the server uptime to let the progress happen. Also, multiple copies of the data prove helpful in recovering it during any extraordinary circumstances such as fire, flood, etc. Hardware maintenance is very important for QuickBooks cloud hosting.

3. Is accessing your QuickBooks Data causing trouble?

  1. The various versions of QuickBooks have made accounting much more convenient with their robust functions. What if the users can’t access it remotely? Accountants work extremely hard to manage the finances of clients. Thus, in the case of data, malfunctioning accountants would fail to access the data if it doesn’t recover instantly.
  2. That’s why you must Store QuickBooks Accountants’ Data on the Cloud. With Cloud hosting, all your financial and accounting-related information is stored securely on remote servers. Users can remotely access the files from anywhere in the world. This saves a lot of accountants’ time and allows for productive working.

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