Are We There Yet?

Author: Chris Coggins

If you've been in business for a couple of decades, you've come a long way from paper ledgers and calculators.

If you're a young company, you take it for granted that you use accounting software, upload files and e-mail questions to your accountant, and e-file your taxes.

But there's another significant change in the works. Cloud-based accounting -- often called virtual bookkeeping or web-based accounting – is young, but elements of it are a reality today.

Someday, rather than buying all-inclusive desktop accounting software like QuickBooks, you'll choose solutions from an a la carte menu, selecting the best fit for your company, even if those applications come from different developers. They'll be integrated with each other, and all of your bookkeeping and related file-sharing and communication will be done over the Internet.

Clearly, we're not there yet. Some application developers have created single-task solutions with limited integration capabilities, but we're a ways from comprehensive cloud-based accounting.

At The Tax Office, Inc., we've begun the transition to tomorrow's financial management scenario. Our Back Office Support System (BOSS) is entirely web-based, and can meet all of your bookkeeping, payroll, general accounting and reporting needs. You simply fax or email your bills, payroll data, etc. to us, and we'll do the rest.

Your business will benefit in numerous ways.

• No more paperwork for you or your staff.
• No more worries about upgrades, backups or unexpected data loss. Your files and software will be meticulously maintained on our host servers.
• No more missing bill payments or payroll tax filings or any money-related obligations because you're away from the office. You'll have access to all of your financial information from any web-enabled computer.
• No more late-night struggles to reconcile accounts or make the books balance or create reports.
• No more guessing about your company's financial health or sweating taxes. You'll always know where you stand. And our real-time knowledge of your business will let us help you make intelligent, profitable plans.

We have decades of accounting, payroll and tax experience and expertise. Contact us today, so you can shed your bookkeeping responsibilities and concentrate on shaping your company's future.