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With PaperSave you have instantaneous on –screen access to any source document for most transactions in Microsoft Office Accounting 2007 without re-engineering your current process. Stop searching through mounds of paper in filing cabinets. The single step solution for your paper filing needs, PaperSave works the way you do.

Store all your business documents without adding additional processes or time to your already busy work day. In fact, PaperSave is designed to eliminate costly paper filing and improve your daily efficiencies. Any source document can be found instantly on-screen, within the security confines of Microsoft Office Accounting 2007. PaperSave can be easily installed and your staff can be trained in a less than an hour without costly on-site assistance.

PaperSave is flexible to adapt to the way you work. Utilize one of four ways to save you paper and electronic documents inside Microsoft Office Accounting 2007. You can scan your documents with ScanNow as your enter data. Save any Microsoft Office document directly to most any record in Microsoft Office Accounting 2007 while working in Outlook, Word, Excel or PowerPoint. You can also attach most any type of file to record while working in


IRS on Paperless/Document Destruction

The IRS permits the use of electronic records and the destruction of original books and records. According to Rev. Proc. 97-22, taxpayers must ensure an accurate and complete transfer of hardcopy records to electronic storage media. The electronic records must be indexed and preserved so the user can retrieve the records. Reasonable controls should also be implemented to ensure document integrity and reliability. The destruction of hardcopy documents is also permitted once it can be established the records can be accurately reproduced. Based on Rev. Proc. 97-22, 1997-13 I.R.B. 9 (Guidance on Electronic Records) provided below. Consult your tax advisor.

 

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