HMRC, Sage and Automatic Invoice Scanning... What you need to know?
With thousands of Finance Professionals using Sage implementing automatic invoice scanning solutions so that invoices can be automatically scanned, have their data automatically captured and get invoices automatically posted to Sage, the question that arises is if HMRC allows companies to keep their records digitally or if they need to keep paper copies of the invoices.
In fact, HMRC does not specify any rules on how companies must keep their records. They can keep them on paper, digitally or as part of a software program like PaperLess Document Management Software. What HMRC says is that they can charge penalties if company 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.
What invoice scanning options do I have available for my Sage Accounting Package?
- Automatic Invoice Recognition for Sage
- Online Invoice Approval with Automatic Approval Workflow
- Automatic Archiving of Invoices in Sage
- Lookup of Invoices directly from within SageSage
- Full Document Management Automation with PaperLess Company Inbox
Sage users have available a Sage Certified Document Management Software that due to the seamless integration with Sage is rapidly becoming the top choice of Sage Users to scan, manage, process and approve invoices.
Working fully integrated with Sage 50cloud, Sage 200cloud, Sage 200 Standard, Sage 200 Standard Online and Sage 200 Extra Online users, PaperLess for Sage brings together automatic invoice scanning, automatic data capture, automatic matching and closing of purchase orders and online invoice approvals. A powerful set of invoice processing automation features that is allowing Sage users to speed up invoice processing, invoice scanning and invoice approval routines while having all accounting documents automatically archived and easily accessible via a live lookup directly from within Sage.
What are Sage Finance Professional Saying About PaperLess Document Management Software?
Sharon Harkins Office Manager RAD Hotel Group
“PaperLess is a great system to use as it is a lot faster than approving the pile of paper”
Nicholas Reyes-Ramirez, Everyman Media Group’s Finance Assistant
Paul Adams, from JACOB
UKFast Finance Director, Joseph Ryland
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