What is cloud accounting?
Definition of cloud accounting
Cloud accounting is the practice of using an accounting system that's accessed through the internet.
Some accounting systems sit on just one computer. These are called 'desktop accounting systems'. Because cloud accounting systems are internet-based, you can access your records anywhere and on any device that has an internet connection using an app or web browser.
Example of cloud accounting:
FreeAgent is a cloud accounting system!
Got questions? Ask Emily!
FreeAgent's Chief Accountant Emily Coltman is available to answer your questions in the comments.