Do you still keep physical records?

[lookingforadvice]

We all live in a world where electronics has taken over from many of the monotonous tasks of years gone by. Record-keeping is a grey area, what would you do if the Internet or your computer crashed and you weren’t able to access your electronic records?

Do you still keep any form of physical records?

 

[123Financials]

Hi,

It is a good question. As a matter of practice many businesses are keeping electronic records in the cloud. Additional layer of security can be added by taking frequent backups to another site- google, dropbox or external server.

Probability of internet crashing vs damage to physical records is a difficult question- what if there is a fire, burglary etc. A practical solution would be to buy a cheap laptop in case of a hardware malfunction or a dongle in case of an internet issue rather than spending money on physical storage.

Hope it helps.

 

[Employer]

The cloud is probably the way forward, from what I understand, your data is saved in multiple places, so if one cloud "server" was to go down this would have no impact whatsoever.