Why Small Businesses and Startups Should Switch to Online Bookkeeping

online bookkeeping

Why Small Businesses and Startups Should Switch to Online Bookkeeping

Whether it’s budgeting, future planning, or tax preparation, bookkeeping has always been a part and parcel of any commercial operation. Also, the perception that full-time bookkeeping is only a thing for large businesses is eroding away. Nowadays, every business takes care of bookkeeping irrespective of its size and consider such. Keeping up with the latest technology has become critical in every walk of life and the financial world is also quickly adapting. Case in point: Online bookkeeping has become a standard method for taking care of cash inflows and outflows and tax preparations.

Many small businesses and startups keep limited to hard copies with their bookkeeping because initially, they don’t have to deal with too many details. However, the details only pile up with time, making it difficult to keep up with financial data. So, in this blog post, we will make a case for online-bookkeeping and why small businesses should switch to it.

Easy Accessibility and Quick Communication

You don’t have to keep the track of statements and invoices when all of them are curated at a central database. This can be accessed via the portal of online bookkeeping software. All the relevant individuals can easily access all those files without wasting time in internal correspondence. This online and easy accessibility also ensures quick invoice communication with associates, clients, and customers.

No Space Constraints

Physical space is an ongoing issue for many small businesses and startups. This bookkeeping doesn’t put any space burden on business. With cloud-based storage of online-bookkeeping software, all your financial records are kept in a secure virtual vault that would occupy a lot of desk space otherwise.

Agile and Mobile

Mobility is an essential ingredient for a successful business takeoff. Entrepreneurs need to be as mobile and quick as possible with their business dealings to get an edge on competitors. Online bookkeeping software provides that required agility and mobility.

You don’t need to have a dedicated space and workstation to access, assess, and modify your financial data. Whether you are in a Uber ride or at your toilet seat, you can deal with it through your handheld smart gadgets from anywhere.

Environmental Friendliness

According to an estimate, about 50% of the waste from businesses is composed of paper. The paper accounts for 25% of earth’s waste and 33% of other municipal waste. Don’t let your small business be part of these horrible statistics. Decreasing your paper utility is the easiest way to lessen your office’s carbon footprint. If you unconditionally need to print paper, try using the two-sided print feature and constantly make sure that you’re recycling.


Last but not least, this bookkeeping is cost-effective. Any good online bookkeeping software will surely cost you lesser than hiring a full-time accountant. In short, you don’t have to put any extra strain on your budgeting with online bookkeeping.

My Count Solutions provide online bookkeeping and tax preparation to small businesses and startups at a really reasonable cost. Their simplified and easy-to-avail services make switching to online bookkeeping effortless for your business.

Dallas Bookkeeping Services – My Count Solutions

Tags: accounting, bookkeeping, bookkeeping services, budgeting, online accounting, online bookkeeping, Tax Preparation