Cloud Based Accounting in India- a Comparative Study on Popular Accounting Software

Abstract

Accounting software is onto "Cloud based" now. Cloud computing is the latest buzz word in Information Technology. Cloud Computing is a type of service where a computer infrastructure together with software application is accessible over internet round the clock to the users. The place where the cloud computing data resides is called Data Centre, which may be a collection one or more interconnected Data centres at the same geographical location or spread continents apart. Prior to the "Cloud based Accounting", the Accounting software like Tally were installed in individual computers or in small network of computers.