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There is no denial in the fact that the number of small and medium sized businesses is increasing at a very fast pace but you should also know that not all the small businesses and medium sized businesses entering the market are able to become successful. There is a huge chunk of small and medium sized businesses that are suffering huge losses and many of them have to close their doors forever. Well, there are surely many reasons behind the failure of small and medium sized businesses but overlooking the accounting and finances is one of the most common causes and it leads to the complete failure of the firm.

Managing accounts and finance is not an easy task and especially for small and medium-sized businesses. With limited resources and lack of time, managing everything, including accounts and finances becomes very difficult. That’s why most of the small and medium-sized business looks for an economical and effective option which can contribute towards the growth of their business and one such option is QuickBooks hosting

This cloud accounting solution is one of the most economical and effective solutions for managing accounts as it allows businesses to avail all the benefits of cloud which is generally available for only giant companies.

But even with so much popularity of the accounting software, many people aren’t still clear about the concept of hosting QuickBooks on cloud and that’s why in this article, we will be looking at some of the most common questions about hosted QB and their answers.

Will I have to pay for technical support?

IT hassle is one of the biggest issues for most of the businesses. Hiring IT staff, installing on premise IT infrastructure, and then maintaining it, looks like a cumbersome process. But when you opt for third party hosting services like cloud accounting, all your IT issues are taken care of by the hosting provider. So, you can offload your IT issues to your hosting provider and can focus on your core job. In addition to this, there are no extra charges for the technical support provided by the hosting provider and it comes for free with the package which you choose.

How many devices can I use for QuickBooks?

No, there is no restriction on the device for using the hosted QuickBooks. This is one of the best advantages of using the cloud accounting solution. You can access your company files from anywhere, at any time, and through any device which has internet access, whether it is a mobile phone, tablet or iPad. This is surely one of the most talked about advantages of this cloud accounting solution.

How much will I have to pay for multi-user?

This is one of the biggest misconceptions among people who want to shift from their desktop version of the software to hosted QB. Multi-user accessibility is one of the best advantages of the cloud version of the software as it allows multiple users to access the same company file at the same time, from any location. And this unique benefit doesn’t cost you any extra money as it is a built-in future with the cloud version of the software.

All that you will need to do is to give credentials to the people who are looking forward to using the accounting feature and you will not have to pay even a single extra penny if you are looking forward to thriving on the multi-user feature of the cloud accounting software. And you will also have the advantage of using the power of admin through which you can restrict users from getting access to certain parts of your cloud accounting solution.

Can I make changes to my plan?

Hosting services are highly scalable as everybody knows that the hosting needs of a business can change according to time. For example, if a business is expanding then they need to expand their hosting services like cloud accounting as well. That’s why most of the hosting providers offer highly scalable packages which can be increased or decreased according to the need of the business, market, and demand.

It doesn’t matter at which stage of the cloud plan you are or which cloud package you are using, you will always be allowed to make changes to your cloud package since with your growth or slow down, your cloud accounting needs will also change and this is where the scalability will come into the picture. With proper scalability, you will never have to switch from one cloud hosting provider to another if your cloud hosting needs will change.

Can I opt out of the services of my current cloud hosting provider?

There is no agreement between you and the service provider that’s why you can easily withdraw from the hosting services at any point of your time. There will be no legal obligation and penalties for withdrawing from the service. The hosting service provided by the third party hosting provider companies is just like your internet package, which you can use as long as you want and when not needed, withdraw it after making the remaining payment.

There is no denial in the fact that QuickBooks Premier hosting has been there in the market for a very long period of time but you should also know that there are still many people out there who have lots of questions in their mind when it comes to using this powerful accounting software solution on the cloud. Well, if you are looking forward to streamlining your accounting and if you don’t want to fall in the category of those businesses that fail because of their bad accounting practices then you will need to choose this powerful cloud accounting solution without any second thoughts.

Allena Dominus

Started the career as a Product Manager, I now reveal the ins and outs of the digital world, online privacy, IoTs, and the trends shaping the technology industry and much more.

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