Cloud accounting software is a way of managing your business finances from any device or location.
Online bookkeeping and accounting systems let you securely balance your company’s books, manage cash flow, pay employees and much more. Data is stored in the cloud (i.e. a remote server or computer), so you can access your accounts from any location at any time.
The nature of cloud accounting software also means you don't have to worry about upgrades.
Sage Business Cloud is an example of cloud accounting software. It's used by millions of customers around the world.