After many years of investigation, there is now a concrete proposal from the government that entrepreneurs no longer need to save receipts and invoices in paper format – as long as they are saved in digital form. If the proposal becomes a reality, it will mean large cost savings for many companies.
According to current rules, companies must keep accounting information in its original form for just over three years, even if the information is transferred to digital form. This means that paper receipts, paper invoices and other accounting material received in paper format must be saved in paper format during this time. Something that means a lot of hassle, unnecessary administration and costs for many companies.
Now the government has finally proposed that the accounting act be changed so that accounting information on paper only needs to be preserved until the information is transferred in digital form. The material can then be thrown away.
The proposal clarifies the company’s responsibility to ensure that the transfer is made in such a way that no information is lost. This means that the company is responsible both for the technical solution and for having well-functioning procedures in place. Here it becomes important that the accounting consultant helps the company set up the routines so that the transfer is done in a good way.
Being forced to save paper receipts and paper invoices has long been perceived as cumbersome, unnecessary and untimely by the companies. Therefore, it is really gratifying that the legislative process is now finally moving forward. If an update to the accounting law becomes a reality, it will save companies a lot of time and money.
We have been pursuing this issue in different ways for a long time. The change will mean that it will be easier for our users to do the right thing. The manual filing of physical receipts, which companies today must handle to comply with the law. But we have a strong drive to make everyday life easier for companies and create digital, simple and smart solutions. It is of course best when receipts and supplier invoices are digital from the start. We are driving this development, both with our own solutions and with partners.
Establishment jobs are a new form of employment that aims to get more long-term unemployed and new arrivals into work. Here we tell you about the new rules and what they mean in practice for you who manage salaries.