Making digital copies into cloud, albeit in a foggy one, is a lot easier than sending paper copies to Iron Mountain for safe keeping. Then there is cost of keeping digital copies vs physical copies.
Most vendors -- at least credit cards, banking and investment houses -- provide digital copies of most types of statements that can be downloaded easily. Here is guide for small business documents retention time frames: https://www.uschamber.com/co/start/strategy/how-long-to-keep-business-docume nts For personal documents: https://www.suzeorman.com/resources/record-keeping -----Original Message----- From: Adam Funk <a24...@ducksburg.com> Sent: Wednesday, November 06, 2024 12:00 PM To: gnucash-u...@lists.gnucash.org Subject: Re: [GNC] File Cabinet, 3-Ring Binders, Paper Records? On 2024-11-06, Tom Balazs wrote: > How do you store all the paperwork related to your bookkeeping? Sorry > if this is a bit off topic. > > I now file all incoming (bookkeeping related) paper mail in a series > of 3-ring binders. Occasionally, I move older statements to an "archive" > folder and store them in another room. I don't really want to put an > ugly > 3- or 4-drawer filing cabinet in this room. But, my collection of "current" > financial folders is becoming unwieldy. > > I try to avoid all the go-green, switch to digital statement appeals > because I get so much junk in my email that it's hard to find the > relevant/important stuff. I like getting statements etc. as paper mail. > > I could scan documents, but I would be hesitant to throw out my paper > documents, because of the risk of digital data loss (computer failure, > etc). IMO it's much easier to make offsite backups of digital documents than paper ones. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
