GoBD stands for "Principles for the proper management and storage of books, records and documents in electronic form and for data access". It regulates:
What is considered a data processing system
According to this, a data processing system includes all systems that are operated as main and secondary systems. This also includes ERP systems with integrated financial accounting like SAP Business One. However, other systems are also included with it. This also includes cash register systems, systems for payment transactions, data archives, etc.
Obligation to account for receipts
Booking vouchers must contain information on the account assignment and the date of the booking. Classification criteria for filing must also be derivable. Electronic receipts must have a link to the record containing this information.
Documentation on the archiving procedure
With regard to electronic vouchers, procedural documentation must be filed on how vouchers are processed. This includes receipt, processing, output and storage.