Accounting Tree offer services for most Cloud Based Accounting services to serves small businesses, start-ups, and individuals. However, the reason to opt for cloud based accounting must be duly evaluated as it may present various advantages as well disadvantages for your specific business / industry. Some key factors include.

Integration and portability with other popular third party applications and programs.

Online (access from anywhere) / Offline access or both.

Backups and upgrade requirement.

Capital cost vs. Running cost

Scalability and Plans for long term growth and expansion.

Features vs cost

Ease of use and training.

Several cloud accounting companies are vying for the accounting and related services, targeting Startups, micro and small businesses.: Quick Books Online, Xero, Cheqbook, Kashoo, Wave, Zoho Books, and FreshBooks.

One of the informative reports, presented by Forbers in 2013, is a good start for reviewing the factors before making a selection for cloud services.

Another Article, though published in 2013, present additional information about realistic expectation from Cloud Accounting Softwares/Platform.