The world of technology is simply amazing. The possibilities that this amazing world of technology gives to us is unmatchable. Without the advancement of technology, we would never have been able to move to the current modern era.
Every field and every industry domain is being dominated by technological solutions and accounting is no exception to this shift. When we talk about accounting and technological advancement then the first word that pops up in our mind is hosted QuickBooks. This amazing accounting solution is a perfect example of how technology has transformed the world of accounting.
But everyone is not fully aware about this advanced accounting solution. There is no doubt in the fact that hosted QuickBooks is no more a new kid on the block but still, many businesses and professionals have learned about this amazing accounting solution in the wrong way. And because of this mistake, all these businesses and professionals are not able to reap the advantages of the most modern and advanced accounting solution. Well, there are many misconceptions floating around the modern accounting solution but we are going to discuss some of the most common ones in this blog post.
So, let’s go through some of the most popular things that you have been taught wrong about hosted QuickBooks solution.
Shifting to the cloud creates chaos
One of the biggest misconceptions among people who have been taught wrong about hosted QuickBooks is shifting to the cloud platform is full of hassle and it creates chaos in the organization. Then there is another group of people who also think that if they will shift to the cloud platform then there will always be at the risk of losing a part of data or the complete data. Well, you should know that if you are being shifted to the cloud then it is not like shifting your office from one place to another.
All the popular and reputed hosting providers are very experienced and they have dealt with thousands of cloud shifts in the past. It will take just a few minutes to shift your QuickBooks accounting software from the desktop to the cloud and you will never have to do anything about it. You will just have to sit back and relax and let the cloud providers do their job. You will not even have to face any downtime due to the shift to the cloud platform.
My data and software will be shared on public cloud server
If you don’t have any knowledge about a particular thing then you might be called a fool but if you have half the knowledge about a particular thing then it can prove to be dangerous and the same goes for cloud accounting solutions. Many people think that since cloud hosting providers use a public cloud server, all the data and software that will be shifted on the cloud will be shared by other people. Well, there is no denial in the fact that cloud hosting providers use public cloud server but that doesn’t mean that you will have to share your sensitive business information with anyone.
When a cloud hosting provider uses a public cloud server then he only shares the resources of the public cloud server like space, and this is the main reason why the cloud hosting service offered by cloud hosting providers is relatively cheap in comparison to the private cloud server. You will never have to compromise with your privacy if you will choose to move to the cloud platform. The same cloud server is used by the cloud hosting provider but proper security and privacy are maintained on that server and if a person doesn’t have authorization to your software then he will never be able to access your data.
Only Intuit-Authorized hosting providers are good
When you will begin your hunt for the best cloud hosting provider in the market then you will hear some people saying that you should always go with Intuit-authorized hosting provider. Well, if you want to choose the best hosting provider then authorization should never be your main parameter. You should know that Intuit-authorization is just a label of authorization given by Intuit and the hosting provider also has to pay a fee for that label of authorization. You will be surprised to know that this fee will be directly charged from you. There is a surcharge of $5 included in the hosting package.
Intuit-Authorization doesn’t mean that the hosting provider is the best in the business. You should always look for all the important parameters if you want to choose the best hosting provider in the market. Some of the most important parameters to look for are security, uptime, round the clock customer service, price, experience, flexibility, scalability. Data center, good track record, reviews, ratings, etc. Instead of just focusing on authorization, if you will focus on the above-mentioned parameters then you will be able to choose the best hosting provider without any hassle.
Unlearning is very much important if you have been taught wrong and the same goes for QuickBooks hosting as well. The above mentioned three points are the most common misconceptions among business owners and professionals and it stops them from taking advantage of the advance and robust cloud accounting solution in the form of hosted QuickBooks.