{"id":3418,"date":"2012-08-31T08:00:00","date_gmt":"2012-08-31T08:00:00","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/blog-hub\/2012\/aug\/31\/how-can-accountancy-adapt-to-cloud\/"},"modified":"2012-08-31T08:00:00","modified_gmt":"2012-08-31T08:00:00","slug":"how-can-accountancy-adapt-to-the-cloud","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/how-can-accountancy-adapt-to-the-cloud\/","title":{"rendered":"How can accountancy adapt to the cloud?"},"content":{"rendered":"<p><strong>The Journal of Accountancy reports that doing business in the cloud should cost less than doing business on-premise.&nbsp; &nbsp;A survey of 1,000 accounting firms found that 70% of respondents increased their use of web-based applications in the cloud between 2010 and 2012, and that cloud accounting is becoming more popular.<\/strong><\/p>\n<hr \/>\n<p>The article suggests doing a three-year amortisation of upfront costs for an on-premise application including servers, software licenses and installation plus estimated maintenance for 3 years and comparing that to the cost of subscribing to the cloud version of the product for three years.<\/p>\n<p>&ldquo;This can be applied to partial versus full cloud conversions and should be done on an application-by-application basis to determine whether there is cost savings by moving each application to the cloud,&rdquo; said the Journal of Accountancy.<\/p>\n<ul>\n<li>In most instances, by moving accounting functions to the cloud, an SME could expect to <strong>reduce support costs &#8230;<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Journal of Accountancy reports that doing business in the cloud should cost less than doing business on-premise.&nbsp; &nbsp;A survey of 1,000 accounting firms found that 70% of respondents increased their use of web-based applications in the cloud&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3418","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=3418"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3418\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=3418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=3418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=3418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}