Cloud accounting is recent developed software based services in the field of accounting and business data management. Small business as well as large business recently uses this service more and more for smooth management of accounting information. With the launch of GST on 1st July 2017, the rise of online accounting software in India has increased its popularity. The objective of this research article is to get conceptual knowledge of cloud accounting and recent practices of cloud accounting in India. In this research paper the researcher focus on seven selected well known organization providing cloud accounting services in India. After study the researcher found that so many organizations doing well in the cloud-based accounting services and various kinds of services they provided to their client. A business organization either small or large can get benefit of these services according to its requirement and budget.