Mobirise

what is cloud accounting?

Cloud accounting makes use of online software and servers to store and record your financial transactions. This makes your accounting data available to you anywhere, anytime and from most mobile devices. Traditional accounting systems are either manual or stored on a local hard drive that needs to be backed up and may be subject to theft and loss. Cloud accounting records are stored online and are backed up regularly to ensure no data loss.

cloud Accounting

All your information is accessible anywhere, anytime in real time
No duplication of data as there is one system
Multiple users can have access
No installation needed
Backups are done by the provider
Updates are automatic 
Smartphone support

traditional

Data needs to be up to date
Multiple versions of the same data may exist
One person has access as a time
Installation needed
Backups can be costly and time-consuming
Updates need to be manually installed
No smartphone support


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