If you are considering the change to Cloud Accounting, the ideal time to swap over is probably at the end of financial year.
We have been talking about Cloud Accounting for some time now. It is an option that is worth considering for many businesses and organisations. For many, Cloud Accounting offers time saving features that are not available in conventional accounting software packages, such as data capture that can substantially reduce the need to enter bills from suppliers.
Cloud Accounting should be regarded as an alternative tool that might be better for your situation. It is not necessarily best for everyone.
The best time to change
Once again, the easiest and cleanest time to change from conventional accounting software to the Cloud is at the end of financial year. Although if you wish to fully convert all your historical data, then this is less of an issue.
One thing to be aware of though is that the decision to go to the Cloud needs to be carefully considered. Of course you could run for a month or so and get the feel of it before fully committing but, short of re-entering data into your old system, there is no turning back.
For a full description of the latest features, things to consider and the offerings from the main vendors, read our FocusOn Cloud Accounting. I would be pleased to talk to you about how to determine if now is the right time to change, and if so, how to go about it.