Cloud Accounting

Profit Financial Services utilizes QuickBooks Online (QBO) so as to ensure that small to medium sized business owners receive the best accounting services possible.  QBO is the most effective and popular cloud-based accounting software package available on the market. Our firms accountants are certified QBO ProAdvisors who we can train you to use QBO for your daily business operations.  Alternatively, we can free up your valuable time by managing QBO for you so that you can do what you do best…servicing your clients and expanding your company!

QBO offers the following features necessary for the success of small or medium sized businesses in Cambridge, Hamilton, Brantford and surrounding regions:

  • Create custom quotes, emails or invoices, and accept online and mobile payments.
  • Record and track expenses, and pay employees online.
  • Collaborate in real time with clients and team members to file share, speed up the rate of work and make smarter and faster decisions.
  • Download, categorize, and reconcile bank and credit card transactions.
  • Connect to various apps and sync data.
  • View your profits and losses, balance sheets, and dozens of other reports.
  • Record and pay bills from vendors (even schedule recurring payments).
  • Process QuickBooks data to generate monthly financial statements.
  • Do financial tasks on the go with apps for iPhone, iPad, and Android.
  • Access for up to 5 users, and automatic daily bank-level security backups.

Spend more time on your business operations and less time dealing with the hassle of administration and data entry; contact the accountants at Profit Financial Services to learn more about our cloud accounting services!

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Benefits of Cloud Accounting

Go Mobile

Create a quote, email an invoice, and record an expense – anytime, anywhere. Using just an internet connection and a browser, colleagues on different continents and in different time zones can work together on the same project.

Real Time Collaboration

Collaborate in real time with clients and team members to speed up the rate of work and make smarter and faster decisions. Plus, cloud computing saves time on file sharing.

Always Backed up and Secure

Perhaps the most significant aspect of cloud accounting is the assurance that your clients’ company data is always secure and always backed up.

Reduce Capital Expenditure

System upgrades are a thing of the past! In the cloud, software automatically upgrades so your clients are always up−to−date and using the newest version.

Improved Agility & Productivity

Cloud technology will allow your clients to spend more time on their business and less time dealing with administration and data entry.