Ep 4 All about online accounting Feat. Kapil Rana
With lockdown one thing many businesses have realized is no matter how much you go digital, if your records and books of accounts are not online, it is very difficult to run the operations. I got a chance to discuss about online accounting with Kapil Rana, he is the founder of Host Books an cloud accounting and tax management company.
Kapil says that you can save upto 80% of the time by switching to online. How is that possible? It is simply possible because in cloud accounting all the data is captured at once, so you need not work on the same data again and again for different tax return filings.