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- ☁️ How Cloud Accounting Enables Remote Working for Accountants 💻
☁️ How Cloud Accounting Enables Remote Working for Accountants 💻
An opportunity to work remotely with an accounting firm in Malaysia 🌴
Samuel David
July 05, 2024
Welcome to the latest chatter from The Accounting Parrot Newsletter!
This week, we're diving into how cloud accounting has enabled remote working for accountants. As remote work becomes increasingly common, mastering cloud accounting can unlock exciting career opportunities for accountants and bookkeepers in Malaysia.
What is Cloud Accounting ?
Cloud accounting involves using accounting software hosted on remote servers, allowing users to access financial data online. This means you don't need to install software on your computer, and you can access your accounting information in real time from any device with an internet connection.
The shift to cloud accounting has changed the way accountants work, making it easier than ever to perform their duties remotely 🗺️
How Cloud Accounting Enables Remote Work 🤩
Remote Access: Cloud accounting software allows accountants to access client financial data from any device with an internet connection. This allows for flexibility in work locations. Accountants can work from home, a café, or even while traveling.
Real Time Collaboration: Cloud accounting enables accountants to work with clients and team members together in real time, regardless of their location. This keeps everyone updated. It helps everyone stay on the same page.
Enhanced Data Security: With regular backups and encryption, cloud accounting software provides enhanced data security. This is crucial for remote work. It ensures that sensitive financial information stays safe when accessed outside the office.
Flexibility and Scalability: Cloud accounting makes it easy to manage workloads and scale services up or down as needed. This flexibility is ideal for handling varying client demands. It makes remote work more efficient and adaptable to changes.
To get these benefits, you must choose the right cloud accounting software. Here are some popular options that are particularly suited for remote work :
Popular Cloud Accounting Software for Remote Work
Xero: Xero integrates directly with banks, allowing bank statement lines to be automatically imported into the software. Its auto reconciliation tool recommends the correct transactions for bank reconciliation and lets you create bank rules to speed up the process. Xero's extensive App Store enables integration with various apps, making it ideal for remote accountants. The company is from New Zealand. |  |
This is my favourite cloud accounting software out of the three 😋
Xero offers a free certification program that allows accountants to learn how to use their software. This certification can enhance your resume and open doors to new job opportunities. To get started, register for a FREE 30 day trial account, than visit Xero's certification page.
QuickBooks Online: QuickBooks features a robust inbuilt inventory system, perfect for remote accountants managing e-commerce and retail businesses. It also integrates directly with banks and offers a wide selection of apps in its App Store. The company is from the USA. |  |
Bukku: Bukku offers transaction tagging for comprehensive reporting and an email tracker to monitor if clients have viewed invoices. It also syncs online orders from platforms like Shopee and Lazada through third party integration, making it a cost effective option for Malaysian remote accountants. The company is from Malaysia. |  |
To put these tools to use in a real world setting, let's explore an exciting job opportunity that leverages cloud accounting for remote work.
Cool Accounting Job
Accountant at Accounting Studio Pte. Ltd (Singapore Accounting Firm)
Location: Remote (from any state in Malaysia)
Salary: RM 5,500 – RM 8,200 per month
This role involves: Handling full sets of accounts, GST filing, payroll, CPF submissions, preparing corporate secretary documents and financial reports, and liaising with clients, external auditors, and tax advisors.
Ideal candidates should have:
📍A degree in Accounting, Finance or Professional Accounting Qualification
📍 3-5 years of relevant work experience in audit and accounting firms
📍 Proficiency in Xero, QuickBooks, MS Word, and Excel
📍 Strong problem solving skills and a positive work attitude
📍 Fluency in both spoken and written English
Disclaimer: The job ads are only active for 30 days before expiring.
Cloud accounting is revolutionising remote work for accountants, offering flexibility, real time data access, and enhanced collaboration. By leveraging cloud tools, you can stay ahead of your peers.
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