October 14, 2022
In my opinion, leaving a paper trail is still important. As CFO of our business, I like copies. Technology experts disagree: “You don’t need to print the internet,” and electronic transactions leave records. Emails are proof of that but just like magazines and newspapers, I like something concrete to hold and in the case of records, to file.
My accountant refers to “the shoebox method.” She claims that is how some of her customers present their tax receipts. I have advanced past that to multiple files that, some years, fill a banker’s box. Papers can be lost and an example of t...