My firm has been using QuickBooks Online for several years. I highly recommend you use cloud-based accounting software. Secure Sockets Layer (SSL) is the most used encryption method which allows for the safe transferring of data from websites and browsers.Ĭloud-based accounting services providers use 128-bit encryption which is the same security measure used by financial institutions and banks worldwide. ![]() There are different types of encryption used by cloud-based accounting service providers. ![]() Thus, understanding this code is out of the question for hackers or unauthorized entities who try to access your accounting information. Encryption rewrites your accounting information into a code. Founded in 1981, its latest offering Sage Business Cloud Accounting is a cloud-based accounting solution that’s perfect for businesses large, small, and anywhere in between. Because these systems are hosted online by the vendor, they eliminate the need for you to have a dedicated IT team for managing and maintaining your own server. Sage is a UK company that has been producing accounting software for the best part of four decades. Since you are transferring the financial data to the cloud, you would certainly want such transmission to be encrypted. Most small businesses will want to consider cloud-based accounting solutions. In computing accounting, you upload the financial data on the cloud where it is stored. ![]() Another feature that makes cloud-based accounting software outstanding is the encryption of data.
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