1. Cheaper than desktop accounting software

Cloud accounting systems work out cheaper in the long run than their desktop equivalents both in time and money. Desktop accounting software will require an initial outlay for the software itself, for the computer that runs it, and for the security measures you will need to put into place to protect it (anti-virus, external backup devices).

Cloud accounting bypasses all of these costs, you pay the monthly subscription and this covers everything. Security and backups are handled by the provider. Access can be made from any device with internet access, so you don't need to specify a computer for accounting.

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