[Expert Column] How Long Should You Keep Estimates? The Boundaries of "Obligation to Preserve Estimates"
Regarding the "quotation" used at the forefront of sales activities:
"Do we really need to save everything when we revise it to Ver.1, Ver.2, etc., every time the amount or specifications change?"
"Should we also keep the data from other companies that were not selected in competitive quotations?"
Have you ever wondered about these questions?
The Electronic Bookkeeping Act strictly demands the "authenticity" of data, but saving every process is a significant burden for the field. This time, we will clearly explain the boundaries of the preservation obligation in a case study format, incorporating the latest interpretations from the National Tax Agency's Q&A.
*You can read the full text from the note in the "Related Links."
[Contents of this article]
1. The boundary of the preservation obligation lies in "sending to external parties."
- Items sent externally are "generally required to be preserved."
- Items not sent externally have "no preservation obligation."
2. The sender's judgment: "Is it linked to a transaction?"
3. The recipient's judgment: "The perspective of the 'Corporate Tax Act' is important."
■ Note! "Version revisions" and "corrections/deletions" are different things.
■ A smart way to achieve reliable "version management."
■ Summary

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