keeping records

R

r.bartlett

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Having a discussion at work about our systems and processes and the comment was "we have to print and keep a paper version for the tax office for 5 years"

Now whilst I agree that always used to be the case but I wonder if a CD is acceptable in these modern times..

Any advice welcome

Cheers

Richard
 
a c.d. cannot replicate or be legally 'on the same page' as a bank statement, signed receipt or invoice, can it?

surely not??
 
As the boss I get to buy the beers :shock:

However we are very olde worlde in our methods and this is one of the big changes we're looking at

Cheers

Richard
 
At least CD's don't start fires. I've seen one case where boxes upon boxes of paper piled on top of IT equipment did. In quite a few firms there's an ongoing battle between IT guys/electricians and the accountants to keep this stuff out of equipment-rooms -Turn your back for a few days and the 'flytipping' starts again!

The main point with any electronic system (which the link mentions) is the need for rotational backups. A single backup is no good.
 
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