Record Keeping Tips for the Paperless Company

We are now a paperless society.  Many small companies still hesitate to make the leap to a paperless or less paper company out of fear that their accounting records must be kept in paper.  There is no reason in 2017 that your company still needs to keep its records on paper. 

Many CPA firms have been paperless for years now.  Accounting companies around the world are using services to back up their document on the cloud, making them readily available to staff and client through secure portals. 

QuickBooks, along with many other accounting software packages, has a feature where you can actually attach source documents to the record in the software.  For example, if you get a bill from a vendor, you can scan the bill and attach it to the bill entered in QuickBooks.  If you ever have a question about this bill, simply click on the attachment and you can see what the vendor actually sent you.

Going paperless can save significant money on the cost of storage.  It also saves time.  Contact us for more information on how to make your company paperless or less paper.