In this digital age of mobiles, tablets, laptops and desktops – limiting yourself only to 1 system is not a viable solution. And this is the main reason that cloud-based accounting software have started becoming popular and are expected to grow massively in the next few years.

In case of desktop-based accounting software, all the data is stored on the computer itself and can only be accessed on that computer only. If you need to access this data on another system, you would be required to manually take a backup of the same and move the data from one system to another. Thus, desktop-based accounting software limits you to that specific desktop only and the data cannot be easily accessed from any other device.

However, with regards to cloud-based accounting software, data is stored in a centralized storage and the data can be accessed from any place at any time from any device. Whether you're on your phone or a laptop, at home or at work, or on vacation, you can access this data and make changes to it at any time.

Major benefits of cloud based accounting software

• Data stored in the cloud can be accessed at any time using any browser and device.

• Data in cloud-based accounting software is password protected with high level of security.

• Rather than purchasing several licenses, you can access all of the data with a single license.

• Cost-effective pricing based on the volume of business.

• You will not be charged an additional fee for software upgrades.

• The data is safeguarded against malware and viruses.

Zoho Books

Zoho Books is one of the best cloud-based accounting software in India that manages your finances, keeps you GST compliant, automates business workflows, and helps you work collectively across departments. With over 60 million users globally, Zoho's 45+ products help you with sales and marketing, support and collaboration, finance, and recruitment. It has been growing rapidly and is expected to become one of the largest cloud-based accounting software in the coming years especially for small business.

Awesome Features of Zoho Books

• Zoho Books is an easy-to-use accounting app which displays all your financial information in a simple format and a person with less or no knowledge of accounting can also use it.

• Zoho Books eliminates the need to manually enter data, lowering the risk of errors.

• With access control and audit trails, Zoho Books ensures data integrity and gives you complete control over your business data.

• GST compliance is automatic with Zoho Books. The Government of India has named it the Best App in the Business Category.

• Zoho Books integrates with other business applications, allowing you to access and work with your data from a single place. Integrations are available with Zoho People, Zoho CRM, Zoho Projects, Zoho Reports, and more.

• Zoho Books creates professional reports automatically to help you communicate your data effectively. You can also personalize reports by filtering and organizing them to your preferences.

• Zoho Books saves all of your financial information in the cloud, where it can be quickly restored, so you never have to worry about losing data.

Conclusion

I've been using Zoho Books for the past three years and have recommended it to a number of clients. Now it is the right time to switch your accounting to Zoho Books and give your company a boost.

Click here for Zoho Books free trial