I attended a Intro to Xero workshop today. I learned that cloud accounting is the way of the future and not moving forward with this trend maybe costly if you do not merge your clients to the cloud. The promise of the cloud is working with one data on one platform which allows for a better connection with clients because you can always check in with clients as they are going through the bookkeeping process rather than at year end. Furthermore, with the bank feeds which makes data entry easier and less error prone. Client will actual use the software more frequently and get better reports for sale figures and HST reports. Therefore, the cloud enables so much more than the traditional bookkeeping software which is usually on the clients desktop inaccessible to the accountant, so mistakes cannot be identified until year end.