Coda Group is rolling out the latest version of its online accounting software, Coda 2go Spring ’09, emphasizing its integration with Salesforce.com’s customer relationship management software.

The latest version of the Software-as-a-Service, or SaaS, accounting application is being announced at Salesforce.com’s Cloudforce conference in London. The companies say that Coda2Go is the first “cloud accounting” application to run on Salesforce.com’s cloud computing software, Force.com. 

Cloud computing and SaaS are outgrowths of the trend toward Web-based software that can run on-demand from remote servers rather than on the user’s own hard drive. The American Institute of CPAs also announced a deal this week with cloud computing-oriented accounting software developer Intacct (see AICPA Teams with Intacct on Cloud Computing).

The spring release of Coda 2go includes general ledger, accounts payable and accounts receivable functions, along with spreadsheet integration and invoicing. The software offers multi-company and multi-currency capabilities.

The software includes a tab-based interface, according to Coda CEO Jeremy Roche. “You can receive cash from a customer and allocate cash to the account,” he said. “You can see a dashboard tab that gathers sales purchase and general ledger information. It allows you to put customers on hold and drill into balances to see what the customer owes.”

The system integrates with an accountant’s time and billing system. Coda 2go costs $125 per user per month for accounting personnel. A plug-in application for sales personnel costs an extra $25 per user per month. A free 30-day trial release is available at www.coda2go.com/freetrial.

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