“The Cloud” just refers to software programs that run on the internet, where the program and the data are stored securely on the internet. Think of it like your gmail account (or yahoo, or icloud) – you get into your email by going onto the internet, going to the gmail login page and putting in your user id and password. Cloud accounting works the same way – the program and all of your data is securely stored on the internet and you can access it anytime, anywhere, from any device (as long as you have an internet connection!).
We are big fans of cloud accounting and have partnered with Quickbooks Online to offer our customers significant savings.