While dealing with your accounting data, there is an essential risk of losing your information and this fear usually builds up from the shortcomings of now-outdated systems. Today, storing QuickBooks data on the cloud is actually more safe than storing it on your desktop. All these trending QuickBooks cloud storage companies have the resources and money that will keep your stored account information more secure than what it could in your office or local hardrive, no matter how secure your computer is. Further question appears how to storing QuickBooks Data in the Cloud work, read on to find out.
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The Need of cloud storing QuickBooks data
QuickBooks Cloud storage is still developing and leading QB cloud storage providers are getting into this business. A study by Intuit depicts that 80 percent of small businesses will move their data to the cloud storage by 2020, consequently doubling the current percentage. But at present multiple users of QuickBooks prefer different temporary solutions to compress their files and work with the available storage but over time QuickBooks files can become extremely high with your company growing and so must your storage. If not done so, issues with performance such as slowness in running reports, freezing or even crashing of complete database can appear. To override this problem storing QuickBooks data in the cloud comes to play.
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Before you plan on using services like iCloud, Google drive to store your database and further linking it, here is an observation about how the QuickBooks database is quite active and constantly updating records and data. Because of this, file sharing services mentioned above just can’t handle what QuickBooks needs to run, especially in a multi-user setup of QB. Many businesses that have constructed their database and attempted to share their QuickBooks company file via one of these sharing services have found that this idea is actually not a feasible one.
Therefore, with the option of storing QuickBooks data in the cloud we know that regular cloud storage will not make the cut in the long run, let’s see how it is done.
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Hosting Your QuickBooks:
With the available Intuit authorized third-party hosting providers, you can backup QuickBooks data on the cloud. With your chosen hosting provider the files are stored and accessed by them, who handle everything for you for a monthly fee. If you opt for a cloud hosting environment for QuickBooks, you get entitled to the supreme benefits like faster information deployment, less management from your end and less supervision with automatic synchronization; thus you have more time to give for other aspects of your business.
As mentioned above QB won’t run effectively with the common cloud storing services for your data and trying to run QuickBooks on these file sharing services will likely cause you grief. Though it can work well with serial sharing (one after other use) but not in the case of multiple access (multi-users). Putting your files on these cloud storage options for QuickBooks can cause data integrity and synchronization problem. Hence, it is recommended that you try storing QuickBooks data in the cloud by the use of hosting provider you take plan from.
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