Accounting software online accounting software accounting cloud computing (Cloud Accounting) (Online Accounting Software), different from the installation on a computer or LAN.

The main features of the accounting cloud computing

The main feature of the accounting cloud computing cloud (Cloud). So-called cloud-based WAN (including public cloud Public Cloud and Private Cloud Private Cloud and hybrid cloud Hybrid Cloud) software and services platform. The main features of the cloud-based accounting system, including:

Anytime, anywhere access to the system - as long as there is a network connection. Popular solutions are entirely dependent on the network connection, and when there is no network connection completely unusable.
Real-time collaboration - whether it is the company's internal accounting staff or external accountants, auditors, synchronous read and write information to announce the updated content.
The trial subscription pay model - different from the traditional buy software one-time investment, accounting cloud computing charges are generally monthly or pay, do not pay can not continue to use.
The accounting cloud computing with the same point of the traditional accounting software
The accounting cloud computing with traditional accounting software for both accounting software, accounting tools are used to. Regardless of the tools, ultimately achieving the goal is the same: accounting. Modern accounting software to use the principle of double-entry bookkeeping, relational database, and generally includes the following modules: general ledger, accounts receivable, payable, cash at bank accounts, salary. This is the same as in the accounting cloud computing and traditional accounting software.

Accounting cloud computing with traditional accounting software point

Compared with traditional accounting software accounting cloud computing several biggest difference is:

Bank Reconciliation: the accounting cloud computing system, bank reconciliation easier. International mainstream accounting software cloud computing to support real-time data from online banking (Live Feeds). There is no real-time data banks generally provide downloadable electronic statements. These electronic statements can be imported directly into the accounting cloud computing system, so that the bank reconciliation becomes simple and intelligent. In the accounting cloud computing system, the accounting staff no longer have to manually enter the bank, the contents of the bill and the amount and save a lot of time. Intelligent accounting cloud computing system will remember the transaction has occurred, the recommended amount of imputation subjects and automatically, thereby reducing the time manually select subjects and taxes.
Data Backup: Use traditional accounting software generally requires daily backup data. All data in the the accounting cloud computing system in real time, generally do not have a backup necessary. Like the mainstream accounting cloud computing systems and traditional accounting software to retain a complete audit trail (Audit Trial), so can reverse entries to correct the error occurred and found.
Scalability: good scalability due to their own web-based server, accounting cloud computing systems can easily be implemented with other business systems and docking. Mainstream the accounting cloud computing system as Xero has developed its own plug-in platform, a lot of data collation, quotation system, software companies around the accounting cloud computing core systems to develop practical value-added services. This can not be achieved in the traditional accounting software.
Accounting cloud computing security?
The accounting cloud computing providers promote the accounting cloud computing than traditional accounting software security, I think this is basically credible. Accounting software installed on the PC and LAN even set a password can easily be cracked. PC or LAN viruses, Trojans and other security threats, accounting software not sit idly by. The accounting cloud computing system is generally run in the high-end commercial server, in addition to the a better logic encryption and protection, these servers are generally set in the data center in a personal supervision, the relative PC more secure and reliable. If the user is able to accept the security of online banking, then it should be able to accept the accounting cloud computing security, because the data center and the level of encryption is the same.

Chinese accounting cloud computing?
Accounting cloud computing worldwide around 2005, in the English-speaking countries, the accounting cloud computing system in New Zealand, Australia and Canada is in a leading position, a representative Xero, Wave Accounting and Saasu. These systems are not yet launched the Chinese version. Chinese traditional accounting software open Kingdee and UF are trying to develop the online version of the accounting software, is now maturing. As the the accounting cloud computing very suitable for small and medium-sized enterprises and self-employed, so the huge market potential in China, I believe and soon internationally renowned developers will be interested in the Chinese market. However, due to the unique tax regime and the original certificate filing requirements, and cumbersome to use online banking and other factors, believe that the the accounting cloud computing in China to enter the true sense of the era, there is still a long way to go.