Daily back up of Books of accounts
According to Rule 3 of the Companies (Accounts) Rules, 2014 (‘Accounts Rules’), books and records in electronic mode should meet the following conditions:
Amended Rule 3(5) requires companies to maintain the backup of the books of accounts and other relevant books and papers in an electronic mode on servers physically located in India on a daily basis (earlier periodic basis), even in cases where such backups are maintained at a place outside India. The amendment draws reference to maintaining backups on a daily basis.
Amended Rule 3(6) requires the company to intimate to the Registrar on an annual basis, at the time of filing of financial statement, about (a) the name of the service provider, (b) the internet protocol address of the service provider, (c) the location of the service provider (wherever applicable) and (d) where the books of accounts and other books and papers are maintained on the cloud, such address as provided by the service provider.
Is there any facilty to take daily back up in zoho books?
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