Accounting is one of those professions that have been long considered boring, dull, and repetitive. There is no denial in the fact that the importance of accounting has been the same throughout the years but you should know that the accounting industry has gone through a paradigm shift to become what it is now. You can say that now accounting has become one of the most lucrative professions out there and it is no more considered dull and boring because of technological advancement and the way people are now maintaining their books.
Well, for businesses, accounting holds the same importance as all other department and that’s why most of the businesses out there are very much concerned about the way they carry their accounting. This is one of the most important reasons why most of the small and medium-sized businesses are not ready to compromise on the type of accounting solution they use in their firm. You should know that, in the modern era, most of the businesses out there are ready to use cloud accounting solution instead of the desktop installed accounting solution because they know that the cloud accounting solution comes along with many advantages.
When you will begin your hunt for the best cloud accounting solution out there then you will see many options and this might become confusing for you. But if you are searching for the best cloud accounting solution out there then there will be no better option than the very famous QuickBooks hosting. You will be surprised to know that QB hosting on the cloud is one of the most used cloud accounting solutions all over the world and it is still ruling the accounting industry like a king.
If you are planning for moving from one accounting solution to hosted QuickBooks or if you are planning to move from desktop installed QB accounting software to the cloud-hosted QB then there are certain things that you should know about this fruitful accounting solution. When you will start exploring the potential, risk, and benefits of the cloud accounting solution then you will find a lot of information regarding it but in this blog post, we are not going to talk about these things. Rather, we are going to talk about some of the important things that you should know about the pricing of the cloud accounting solution. Keep reading to stay illuminated.
You will be charged on a per user per month basis
When you would have been using the desktop installed accounting software then there would have been no confusion regarding the pricing model of the accounting software. You just had to pay the upfront price for the license of the accounting software and that’s it. But when it comes to the cloud accounting solution then there are many people who get confused. There are many people out there who are not aware of the fact of how they will be charged and do all the cloud hosting providers out there use the same type of pricing model?
Well, you should know that when you will move to the cloud accounting solution by choosing a reputed cloud hosting provider then you will be charged on a per month per user basis and the same pricing model will be used by all the cloud hosting providers out there. This means the more the number of users you will have on the cloud, the more price you will have to pay. You will also get the option of buying either a monthly cloud package or you can also go for the yearly package as per your convenience and your budget.
You can be asked to pay the surcharge
If you are thinking that there are only one type of cloud hosting out there then you are completely wrong. There are authorized cloud hosting providers and then there are non-authorized cloud hosting providers. Well, authorization is nothing but a label given by the accounting software company. If you are planning to work with an authorized cloud hosting provider then the one important thing you should know about them is you might end up paying more price for them in comparison to what a non-authorized cloud hosting provider will charge you.
For example, if the price of cloud hosting service is around $50 then you will have to pay a $55 because the $5 will be a surcharge that will be included in your cloud package by the cloud hosting provider. These surcharges are basically included as a fine print on the QuickBooks hosting pricing page of the cloud hosting provider and there are maximum chances that you might miss it. But if you are looking forward to opting for an economical cloud hosting provider then it will be a better option for you to opt for a non-authorized cloud hosting provider.
Third-party cloud hosting is the cheapest
If you have researched about the different types of ways you can host your accounting software on the cloud then you must be aware of the fact that using a third-party cloud hosting provider for shifting your accounting software on the cloud isn’t the only way through which you can host your software on the cloud platform. But one of the most important things here that you should know that third-party cloud hosting services are the cheapest ways to shift your accounting software on the cloud platform.
If you will opt for an in-house server for shifting your accounting software on the cloud platform then you might end up spending a fortune because there are many expenses that will come along with the hosting of your accounting software on your in-house server. But when you will choose the cloud accounting solution through a third-party cloud hosting provider then you will have to just pay the fixed price and the even that fixed price is very economical. This is what makes third party cloud hosting the best option.