If you own a computer, there’s a good chance you have utilized cloud computing. Email sites like Hotmail, Gmail and Yahoo are all cloud based which means that you access your account and data online. It is not stored on your computer. In the accounting world “the cloud” is where you access your software, files and data at any time, from any device as long as you have an internet connection. It’s changing the way businesses communicate, bank, work, sell and buy.
When it comes to cloud based accounting software Xero is the absolute HERO!