Thursday, 5 May 2016
What is HMRC position on Digital Document Storage?
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 book-keeping 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