What is Cloud-Based Accounting Software? 
 Accounting software housed on a distant server is called cloud, online, or web-based accounting software. 
 
Data from users is sent to “the cloud,” processed there, and then sent back to the user. 
 
Through a cloud application service provider, customers can access software applications over the internet or other networks. 
 
A business does not need to set up separate computers with software when using cloud-based accounting software because everyone can access the cloud from their own devices. 
 
Additionally, it enables branches or remote teams to access the same data and software version. 
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