@DJKL You are, of course, correct to highlight the point about the source software being available to accept the restore.
In the case of Backupmybooks though, the data is "preserved in a form that does not need the particular software to read" - because the backup files can also be downloaded in the form of tabbed Excel files :)
We launched a Backup and Restore service for Xero last month (with volume discounts for accountants and bookkeepers). See https://www.backupmybooks.com/.
Feel free to post and questions and I'll happily try to answer them
Hi Jim, are you sure this is a coming requirement - and not some vested interest's interpretation?
The easist and free way to encrypt a file is compress it using Winzip and add a password.
Hi there. You are correct that Movemybooks does not currently support converting data from Clearbooks.
However, it is on our roadmap and if there is demand here please put your hand up - as it might influence our development priorities!
Just zip them and add a password to the zipped file.
You can use the built-in windows "Send to Compressed (zipped) folder function or a separate zip utility.
My understanding is that zipped files are automatically encrypted.
More likely that Intuit would buy it
As QBO now links directly to Taxfiler and Intuit are heavily promoting to accountants, I think Intuit would be more likely to splash the cash before IRIS do.
A signpost for the future
Soon bookkeeping software, likely the cloud ones first, will provide a complete "end to end" process which will include filling accounts and tax returns.
If this poster had this facility available now, I think we can deduce from his post that he would be using it.
Of course, the real question here, and the one explored by other respondents, is should he be adding the knowledge and experience of a good accountant into the process too?
For me, that's easy to answer: yes for many reasons, most explained already. However, I do believe that this poster is demonstrating the coming reality for the accounting profession. In future, we need to move from "you can't do this without me" to "you will be a lot better off if you do this with me".
When the profession loses its position as gatekeeper of the path to filling with the authorities it needs to adapt. It needs to provide a slightly different service to clients and explain why they should use that service.
Peace of mind
Sorry all, but I would argue that accountants do not sell time or knowledge, they sell an outcome.
For compliance work they sell peace of mind. For forward thinking advisory and planning work they sell a future beneficial result.
Neither of those outcomes should be priced based on the time cost of producing them, they should be priced at the value perceived by the client.
SSL will not work?
My understanding is that emails are bounced around a number of servers en-route from the sender to the recipient. Copies likely remain on all of them, at least for a time. SSL would apply to emails in transit from one "node" to another but would not protect the contents of the email itself. Encryption would.
Feeds shouldn't be the sticking point
I have been using Xero since 2008 (when the only way to add bank transaction data was via a .QIF file - which all of the banks support as standard). The ability to import from CSV came next then, of course, "live" bank feeds (via Yodlee).
I have never setup a bank feed for my own accounts because I find downloading and then importing a QIF file quick, easy and totally reliable. Feeds can be flaky due to the inherent flakiness of the screen-scraping software Yodlee uses.
The benefits of using cloud accounting are much more than just the convenience available via bank feeds, so I would just add them into the mix later if you really want to.
Once the banks are forced to open up their transaction databases via APIs (so feeds can source direct from the bank, rather than via a third party service) this feature will cease to be seen as a security risk and will be instantly more robust in use.