majones
18 posts since
Dec 10, 2007
2.
Re: Need help getting setup for online accounting? Dec 10, 2007 5:50 PM

in response to:
CorpCons08
Depending on the service you're using, the data isn't really "on the Internet". With QuickBooks Online Edition, for example, your data is all stored on Intuit's servers. Maybe that's a bit too "big brother" for some people. CPAASP.com hosted QuickBooks apps and data are stored on their servers.
In short, online accounting really means using the Internet as a really long monitor and keyboard cable. It can be exceptionally secure - more secure, in fact, than keeping the data on a nominally-protected PC.
The key is allowing the business owner to get to their books when they need to... and to help the accountant work more efficiently on those books when it is required.