APPLICATION OF "CLOUDS COMPUTING" IN SMES SIMPLE ACCOUNTING PROCESS FOR EFFECTIVE AND EFFICIENT EFFORTS TO PENETRATE GLOBAL MARKETS

Abstract

This paper examines the application of "Clouds Computing" for the preparation
of simple accounting reports of a SME. The application of clouds computing in
this case using Google Spreadsheet. Use of Google Spreadsheet has advantages
other than their low and sometimes free cost its also can be accessed
collaboratively as an efforts of the SMEs to doing accounting process rapidly,
accurate and transparent. The ability to be accessed from anywhere is also a
distinct advantage of Google Spreadsheets.
But most important of all these advantages, an SME can implement an accounting
information system like a great company with a very low cost. So that data can be
updated immediately, from inventory management, accounts receivable and
payable even application of depreciation for fixed assets. For this reason SMEs
need to gain strength in understanding the role and benefits of Internet-based
information technologies as a means maximum utilization of the information
technology to penetrate the global market.