QuickBooks hosting has blossomed out of the cloud that bears the intense power to seamlessly encapsulate the developments of digital computing, speed of data transmission, internet usage and mobile technology in one single platform. In the most basic form, hosting of this accounting application may be considered as using an outsourced platform that allows access to shared resources by an array of users performing computations from any part of the internet-winded world. There are two diverse strands that bind together to provide hassle-free QuickBooks hosting functionality over the cloud. One strand comprises the technological inventions including virtualization, high-speed network performance and automation of data centers, security essentials and Service Level Agreements. The other strand comprises the diverse management perspectives including the large value of the assets in terms of capital setup and operational management. The cloud emerged as a new paradigm of technological proficiency and stretches its history back to the 1960s. The idea of lending IT infrastructure was conceived years back but its true essence was revealed when it was connected to the internet. The first initiative into outsourcing ideas was the introduction of mail services down at the time of 1990s. As the marketing strategies grew obsolete and internet started to appear as a whole new unexplored world of marketing, the idea of outsourced infrastructure and applications became quite a demand. Earlier, the internet constraints were the major restraining factors for this technology to gain complete momentum. However, the introduction of optical fiber drastically reduced jitter and network cost issues. This was the dawn of a new era where the immense power vested in the internet could be utilized to run on-demand hosted solutions on a massive scale. The improvisation of completely secure IT data centers with data backup and security options formed the first promising steps for enterprises to cross the bridge between the physical and the virtual world. Various small and medium scale business enterprises became conversant with the use of this technology due to the scalability of infrastructure. Setting up a data center with massive wired connections and large data servers is not an easy task and requires hefty investment. The capital expenses as well as the recurring operational expenses turn out to be infeasible for the enterprises that require application or data storage for less than 50 individuals. According to a recent survey, it has been estimated that 53% of the total expenses incurred in the setup of these systems account for the power consumption. Since this innovative technological introduction, the business market has noticed a change in composition of businesses with around 70% SMBs and 30% large players currently. With a wide array of small and medium scale enterprises springing up, the need for accounting has been increasing at a fast pace. QuickBooks hosting as a concept entered the cloud computing arena at quite a later stage but soon spread to cover the major CPA and small accounting sectors. Scalability hitched the SMB wagon to the world of virtualization. The availability of fully functional QuickBooks accounts enables organizations to sieve out their exclusive benefits with small investment in this on-demand hosted system.