Businesses have evolved so much nowadays that everything has become online. In this virtual world, everything has become easier, the only condition is that need to learn quickly and implement efficiently. In such a world, a businessman needs access to his register of profits, losses, budget, expenditure, etc., at any point of time. For the same reason, a new concept of maintaining business records has been launched, which is called online bookkeeping. Online Bookkeeping is nothing but cloud bookkeeping which you can access anytime anywhere like any cloud service or data.