Cloud Based Accounting Software as a Service : Gift or Curse

Cloud Based Accounting Software as a Service can be suitable inexpensive solution for small sized Companies. How these Cloud Based Accounting Softwares are ? The word How has straightforward meaning, are they good or evil, gift or a curse. So, today this is special article on Cloud Based Accounting Software as a Service or rather Accounting SaaS.

Needed Primer for Cloud Based Accounting Software as a Service

It might happen that, you are basically seeking a Cloud Based Accounting Software as a Service but has very little idea about Cloud or Software as a Service. These two important and reference article will help you :

• A detailed article on What is Cloud Computing
• A detailed article on Software as a Service (SaaS)

Postmortem of Cloud Based Accounting Software as a Service

Accounting is a very difficult subject. So, basically it can be taken that we have zero knowledge on accounting. But accounting is not our topic. Our topic is to make the person associated with accounting aware of Cloud Based Accounting Software as a Service. So our view on Cloud Based Accounting Software as a Service is from technical part.

Issuing invoices and their management for small business is vital. Most used paid Adobe Acrobat for the same, Acrobat is not very easy to use and License is costly so some cheaper software were used, resulting in revenue losses and liquidity losses. Today, there are many Cloud Based Accounting Softwares are available, some are even free, those are very easy to use.

Needless to state, the Office Applications like from Google can be taken as Cloud Based Accounting Software as a Service.

Deciding factors for using Cloud Based Accounting Software as a Service

Choose a Cloud Based Accounting Software as a Service which is quick and easy, has cheap monthly rates, can be used with dedicated mobile applications, the data is stored centrally and backed up regularly. The last point to choose a Cloud Based Accounting Software as a Service is very important, most free services do not provide storage on cloud in encrypted format.