Automatically input invoice information into Sage in 4 easy steps
Scan and input into Sage without Indexing
The inputting of supplier invoice information has always been a time consuming process, busy accounts departments waste hours every day with this mundane task, also the cost of storing and retrieving invoices is very expensive, generally paper information is stored in a filing cabinet and manually accessed by a member of staff, there is also the chance that the document has been misfiled resulting in the time it takes to retrieve the information a lot longer than it should be again increasing costs.
Filestar and Document Legal Admissibility
Filestar – BIP 0008 Legal Admissibility and record Retention
The guidance that should be followed when converting paper records to electronic format depends upon the type of records being scanned: for general business records which need to be retained for 6 years for VAT inspection purposes HMRC guidance should be followed. IFAs and investment companies requirements for record keeping are governed by the FSA, whilst the Law Society provides guidance for Law Firms. Extracts from these organisations web sites that are relevant for electronic document retention are included later in this article.