John G wrote:Don't forget you have to keep these records for 7 years (could be more / could be less - not sure of exact timescale) who's to say that after 7 years your particular version might be unreadable apart from your own computer. I wouldn't be prepared to risk a companies future for the sake of a few hundred quid on accounting software. Just my opinion, and as said before, it does look good.
I don't see how that distinguishes between paid-for and open-source/free software.
I have my own experience of this because I use some databases that were made on Lotus Approach in 1996-1998. That software was paid for. Where is Lotus Approach now? The company that bought Lotus is IBM - they're still around, but forget about Lotus Approach. It's gone. I have to run Windows 98 in a Virtual Machine just to run the software properly. If there'd been a free/open-source version around at the time, I wouldn't be in this fix.
Likewise, I have many CAD files drawn in AutoCAD LT (various versions paid for from 1995-2000). How do I open these files without AutoCAD to send to another CAD software if, for example, I want to run Linux? If I'd used free CAD software, it'd be saved in a non-proprietary format and I could open the files in other software.
How has paying for that software ensured that I can still access/edit the files several years later?
On the grounds of whether data would be accessible in several years, I would feel safer with free/open source software. Companies that produce paid-for software use proprietary formats to tie you into their software. Free software houses are not monetarily invested and so don't need to tie you in using proprietary formats.
Still, we each have our own methods that work for us.