Wednesday, 17 February 2016
HMRC Record Keeping - What is HMRC saying about Digital Record Keeping?
HMRC does not specify any rules on how you must keep records. You can keep them on paper, digitally or as part of a software program (like bookkeeping software). In fact HMRC can charge you a penalty if your records are not accurate, complete and readable so make sure you store your documents in a digital format and well organized making sure that you can have easy access to them.
PaperLess software is a powerful document management solution that integrates seamless with Sage allowing accountants and finance professionals to easily manage all accounting and non-accounting documents. Besides being a Sage Developer PaperLess is also listed in HRMC Record Keeping Software Providers List, which presents to users a number of software suppliers that have produced simple record keeping applications to help accounting professionals manage their documents and, in the case of PaperLess software, to have those documents directly linked to transactions in Sage 50 Accounts and Sage 200 Business Suite.
Just follow the link to know more about PaperLess Document Management for Sage or take a look at the video below.
What our clients say about PaperLess
“…when the auditors come in, we do not have to wait for them to ask us for documents. They themselves can find them in PaperLess.”
Pradip Shah, Ashgoal’s Business Consultant
“Our accounts department can now spend valuable time on other tasks, allowing them to easily meet deadlines and gain a greater level of control”
Chris Houghton, Eventura’s Owner
"…you do not have to keep your receipts… everything can be delivered digitally: invoices, but also restaurant receipts."
Paul Van der Baan, founder of Paray
Phone Number: +44 (0) 207 135 2007