Paul Toepel
The Revolution, called Cloud accounting, is the way today’s accounting services are delivered to users.
Cloud computing accounting software is hosted on remote servers and accessed securely over the Internet. Data is sent into the Cloud, where it is processed and returned to the user.
It is completely changing the way small businesses and accountants do the process of accounting. From the Cloud, accounting software is updated automatically and gets us closer to real-time reporting. Businesses don’t get stuck with expensive equipment and licenses.
Cloud accounting requires far less maintenance than its traditional counterpart. Backups and updates occur automatically, and nothing needs to be downloaded or installed on a company computer. And best of all, it saves money.
The profession of accounting has a long history that can be traced back thousands of years to ancient civilizations. The system developed alongside writing, counting and, of course, money.
The Italian, Luca Pacioli, recognized as the Father of Accounting and Bookkeeping, was the first person to publish a work on double-entry bookkeeping. This double entry, debit and credit system is considered the first revolution that changed the accounting world forever.
In the early 1900s, through the 1980s, adding machines and electronic calculators once again changed the profession of accounting. In the 1990s came the extensive use of computers.
Some might remember a software program called VisiCalc. It was the first electronic spreadsheet available on an affordable microcomputer, and turned the microcomputer from a hobby into a serious business tool. Today, Microsoft Excel is the spreadsheet of choice in the accounting world.
As revolutionary as these things were to accounting, the Cloud may be even bigger. Its advantages are available to businesses large and small. As a firm invested in this technology, we can provide our services virtually anywhere with access to the Internet.
No longer do we have to drive to a client’s location and interrupt business activities. No longer are business owners and accounting staff tied to a single office, computer and desk. You can work from anywhere, at any time.
We are proud to be part of this technological revolution.
Paul Toepel is a CPA who has lived in Las Sendas for more than 17 years. His firm, Toepel Company PC, is a full-service, Mesa-based CPA firm offering a variety of services for more than 30 years.
These services include tax preparation and representation, accounting, fraud prevention and QuickBooks setup and support. The company mission is to provide exceptional service, knowledge and experience, all while making you and your business successful.
For more information, call (480) 833-8300. Toepel Company is located at 2500 S. Power Road, Suite 129.