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Showing posts from December 30, 2018

Cloud Accounting Software

Cloud Accounting is Accounting software hosted on remote servers. Using Cloud (as Internet) Accounting Software frees the business from having to install & maintain software on individual desktop computer. Its solution gives access to employees in other departments remote or branch offices to same data and same version of software Cloud based term refers to applications, services, or resources made available to users via Internet from Cloud Computing Provider's Servers. The benefits of  cloud system are:- 1) It can give clear overview of current financial position. 2) Multi-users access making it easy to collaborate with team and advisors. 3) Automatic updates enables use of time for other matters. 4) Everything is run online backed up automatically, reduction in business costs, e.g. version     upgrades, maintenance, system administrator costs and server failures - all managed by     Cloud Service Provider. The flexibility of the software is that it gives a platform