STANDARDIZATION
Establishing Standards P A
paperless accounting practice is in many regards very similar to one based on paper, although it will be much more efficient if good practices and standards are implemented during the transition to paperless. Many firms start the move to paperless by scanning documents and storing them on a hard drive in
some sort of homegrown folder structure. This gets the process started, but standards are hard to enforce and implement. Problems with this approach include:
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