Cloud Accounting

Make the best decision you can by switching your business to an online accounting platform like Xero. No matter if your business is a start up, growing, or a maturing business, online accounting will set you up for the future.

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Why Switch
to cloud accounting?

To help you decide here are some of the most important reasons to move to a cloud / online accounting platform:

What is
Cloud Accounting?

Accounting software like Xero is hosted on remote servers and no longer on-premise or self-installed on a local drive. Data now sits in the cloud where it is processed and real-time information is available anywhere on any device. 

Cloud accounting refers to the practice of using cloud-based software and services to perform accounting functions and store financial data. It involves using internet-connected applications and platforms to manage various accounting tasks, such as bookkeeping, invoicing, financial reporting, and tax preparation.

Traditionally, accounting software was installed on individual computers or local servers, requiring manual updates and backups. Cloud accounting, on the other hand, utilizes remote servers hosted on the internet to store and process financial data. Users access the accounting software through web browsers or mobile apps, allowing them to work from any location with an internet connection.

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Common Misconceptions

Cloud accounting is not secure and too expensive.

Xero indicates that the cloud is one of the most secure ways to store information. For example, using cloud software, if your laptop is stolen, no one can access your data unless they have a login to the online account. With cloud software, your data lives online on secure servers – as opposed to on your hard drive.

Benefits of Cloud Accounting:

Cloud accounting offers several benefits over traditional accounting methods:

Accessibility

Users can access their financial data anytime, anywhere, using different devices. This flexibility is particularly beneficial for businesses with multiple locations or remote teams.

Collaboration

Cloud accounting enables real-time collaboration between accountants, business owners, and other stakeholders. Multiple users can work on the same data simultaneously, facilitating efficient communication and teamwork.

Automatic Updates

Cloud accounting software is regularly updated by the service provider, ensuring users have access to the latest features, tax regulations, and security enhancements without the need for manual installations or updates.

Data Security

Cloud accounting systems typically employ robust security measures, such as encryption, firewalls, and data backups, to protect financial information. Service providers often have dedicated teams focused on ensuring the security and privacy of their users’ data.

Cost Efficiency

Cloud accounting eliminates the need for costly on-premises infrastructure, such as servers and IT maintenance. Users typically pay a subscription fee based on usage, which can be more cost-effective for small and medium-sized businesses.

Integration

Cloud accounting software can integrate with other business tools, such as customer relationship management (CRM) systems, payroll software, or e-commerce platforms. This integration streamlines data flow, reduces manual data entry, and improves overall operational efficiency.

Popular cloud accounting software include QuickBooks Online, Xero, Zoho Books, and FreshBooks, among others. These platforms offer a range of features tailored to different business sizes and industries, making it easier for organizations to manage their financial activities effectively.

JHCO has the experience and technical knowledge to:

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

What our monthly cloud accounting packages include


Features

COMPARE PACKAGE FEATURES

Monthly Accounting on Xero

Bi-Monthly VAT Submission

Provisional Tax Submission

Annual Company Tax Submission

Annual Compilation of IFRS for SME Financial Statements

Basic CIPC Changes and Submissions

Keeping of Electronic Company Register

Consultations Per Month

Payroll

Start-Ups

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

100 transactions p/m

1 x Hour Online consultation per month

3 Permanent Fixed Salary Staff

Growing Businesses

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

500 transactions p/m

4 x Hour Online consultations per month

10 Permanent Fixed Salary Staff

Maturing Businesses

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Daily allocation and accounting on Xero linked with banking feeds

8 x Hour Online consultations per month

20 Permanent Fixed Salary Staff

Pricing Table Plugin

App Starter Pack

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Are you ready to make the switch?

My company is...

A Start-Up Business

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Start-ups Package

Included in the package:

Quoted on request

Software and Integration

Optional Extras:

Once Off Registration Costs:

Growing Business Package

Included in the package:

Quoted on request

Software and Integration

Optional Extras:

Once Off Registration Costs:

Maturing Business Package

Included in the package:

Quoted on request

Software and Integration

Optional Extras:

Once Off Registration Costs:

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