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Answer Posted / kalyani
Online accounting relates to accounting that can be done on
the World Wide Web. It usually implies use of a web
application that works through a browser without buying or
installing any software. It is typically based on a simple
monthly charge and zero-administration approach to help
businesses concentrate on core activities and avoid the
hidden costs associated with traditional accounting
software such as installation, upgrades, exchanging data
files, backup and disaster recovery.
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