Prime objective of this article is to discuss key benefits of Cloud Accounting. Cloud accounting is the use of computer hardware and programs delivered as a service online. It allows you in order to store files and use applications using a number of devices and from a number of locations in a basic way. A cloud computing organization that sells accounting services provides remote servers as well as the applications. For a charge, they grant you online access to them for managing in addition to maintaining your financial information. Here also briefly discuss some advantages of using cloud accounting: Saves you time, Reduces costs (code for saves you money), Accessible anywhere and anytime, Real time financial data, Up to date technology and systems (code for no maintenance).