What is the best case workflow for record keeping?
Background - all business related items are processed on the business credit card (hosting, email, servers, storage, domains, etc) In terms of record keeping, what’s the best solution?
- Relying on and archiving the business credit card statement only.
- Is it better to download each invoice for each segment? (i.e. if Amazon sends you an invoice monthly for using it cloud system. Download each invoice and record it. (same goes for any other monthly service) and then of course either 1) organize by year then by type (2020, Amazon) or 2) skip year, just use Amazon and then have the proper numbering for the invoices.
What do you do?!