The Risk of Not Backing Up Your Cloud Accounting Data

Mark Kennedy
3 min readSep 9, 2022

As an accountant or bookkeeper, you know that data is essential to your business. You also know that data can be fragile, and it’s important to have a backup plan in place in case something goes wrong. With cloud accounting, you have the added benefit of being able to access your data from anywhere. But what happens if your data is lost or corrupted? That’s where cloud accounting backups come in.

What is a Cloud Accounting Backup?

Put it in the cloud regularly.

A cloud accounting backup is a copy of your accounting data that is stored remotely, typically in the cloud. This backup can be used to restore your data if it is lost or corrupted. There are many benefits to using a cloud accounting backup, including:

· Improved security: Because your data is stored off-site, it is less likely to be lost or corrupted in the event of a disaster, such as a fire or a flood.

· Increased flexibility: With a cloud accounting backup, you can access your data from anywhere there is an internet connection. This means you can work from home, on the go, or even from another country if you need to.

· Lower costs: Cloud accounting backups are usually cheaper than on-premises backups because you don’t have to worry about the cost of hardware or maintenance.

· Ease of use: Most cloud accounting backups are automatic, which means you don’t have to remember to run them manually. This can save you time and help ensure that your data is always backed up.

How to Ensure Your Cloud Accounting Data Is Always Safe

Keep it safe, always

Now that we’ve discussed why backing up your cloud accounting data is so important, let’s talk about how you can ensure that your data is always safe.

· First and foremost, you should encrypt all of your financial data before storing it in the cloud. This will help protect your data if your cloud storage provider is ever hacked.

· Second, you should consider using multiple cloud storage providers. This way, if one provider experiences an outage or security breach, you’ll still have access to…

Mark Kennedy

President at WOWzer Technologies focused on automation and security for accountants and bookkeepers.