What are the main differences between a traditional accounting software and a cloud accounting software?

Need to be online to use it.

And it is mostly subscription based. If late payment or forgot to pay, account will be limited.

In traditional accounting, a dedicated in-house computer hard drive is used to store data and host applications. The on-premise accounting program is mounted on a desktop computer and can be accessed via a desktop application. It does not need an internet connection, allowing people who do not have access to the internet to use it offline.

Cloud accounting software, on the other hand, records, processes, and stores data on a remote server, removing the need for in-house computer hard drives. To run and access the data, users will need internet access and devices.

Here, I want to share this accounting system that I'm currently using - QNE Software to track your business finances, even non-accountant can use it. This powerful accounting software provides both hybrid and cloud based which is tailored-made for SME. Check it out and I'm sure it will be able to help you in your business.

This post has been edited by kelvin2009: Jun 14 2022, 03:00 PM

Most subscription based and you get constant update.