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It is also more reliable as no specific backups are required, therefore the chance of data loss is minimal. All data is stored on the cloud and therefore is significantly more secure than a desktop based solution. To find the best accounting software for small businesses in the UK we must first assess what cloud accounting is.Ĭloud accounting is the process of producing bookkeeping and accounts records that are held on cloud based servers rather than on specific desktops on local machines. Small business accounting is a huge area in which many small business owners struggle to get right. The world of accountancy software has changed significantly during the course of the last few years and in this blog we are going to attempt to unravel the minefield of online accounting software to give you a clear understanding.
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