'Cloud Accounting' seems to be the phrase on everybody's lips at the moment, and it's easy to see why. There's no initial outlay or large cost to upgrade every few years, just a monthly subscription which means that you always have up to date, compliant software; you can access your accounts anywhere that you can access the internet - making it simple to work with colleagues and accountants even if you're not physically close; a new PC doesn't mean time spent re-installing