NerdNumbers
Guide

GDPR and Accounting Technology

A practical guide to data protection compliance when using cloud tools, AI software, and third-party integrations in your accounting firm.

Why GDPR Matters for Accounting Technology

Accounting firms handle some of the most sensitive personal and financial data of any profession. From payroll details and tax returns to bank statements and personal identification documents, the data you process daily is exactly the kind GDPR was designed to protect.

Every cloud tool, integration, and AI service you use processes client data in some form. Each of these represents a data processing relationship that falls under GDPR obligations.

The risks of non-compliance are significant: fines of up to £17.5 million or 4% of annual turnover (whichever is greater), reputational damage, and loss of client trust. For a profession built on trust and confidentiality, a data protection failure can be devastating.

The key principle to understand is this: you remain the data controller even when using third-party tools. Outsourcing data processing to a cloud provider does not outsource your responsibilities.

Cloud Tools and Data Processing

Cloud accounting software such as Xero, QuickBooks, and Sage stores client data on their servers, often across multiple data centres. Understanding where and how your data is processed is a core GDPR requirement.

For every cloud tool you use, you should:

Verify Data Processing Agreements

Ensure each provider has a Data Processing Agreement (DPA) in place. This is a legal requirement under GDPR, not optional.

Check data storage locations

Confirm where data is stored (UK/EEA vs overseas) and that appropriate safeguards such as Standard Contractual Clauses exist for international transfers.

Review data retention

Check data retention settings in each tool and configure them to match your firm's retention policies. Do not rely on vendor defaults.

Audit your full stack

Key tools to check include: accounting software, practice management, document capture, payroll, and any integration middleware.

For a complete overview of the tools accounting firms commonly use, see our accounting tech stack guide.

Data Processing Agreements (DPAs)

A Data Processing Agreement is a legally binding document between you (the data controller) and each tool provider (the data processor). Under GDPR, having a DPA in place is mandatory whenever a third party processes personal data on your behalf.

What a DPA must cover:

Purpose and scope of processing
Types of personal data involved
Duration of processing
Security measures in place
Sub-processor list and approval process
Breach notification procedures

Most major accounting tools (Xero, Dext, Karbon) have standard DPAs available, often accessible through their trust or legal pages. You should maintain a register of all DPAs and review them annually.

If a tool does not offer a DPA, reconsider using it for client data. The absence of a DPA is a clear compliance gap and a red flag about the provider's data protection maturity.

AI Tools and GDPR

AI tools present unique GDPR challenges. Unlike traditional cloud software, AI tools may process data through external models and servers, sometimes in ways that are less transparent.

Key questions to ask before using any AI tool with client data:

1

Is client data used to train the AI model? If so, this may not be compatible with your GDPR obligations.

2

Where is data processed? Confirm the geographical location and whether adequate transfer safeguards exist.

3

How long is data retained? Some AI tools retain prompts and outputs for extended periods.

4

Is data encrypted in transit and at rest? Both are essential for protecting client information.

You should also consider whether your use of AI tools needs to be disclosed in your privacy notice. If AI processes client data in any way, transparency requires that clients are informed.

For a deeper look at AI tools suitable for accounting firms, see our AI tools for accountants guide.

Your GDPR Compliance Checklist

Use this checklist to audit your firm's data protection posture across your technology stack. Each item represents a core GDPR requirement.

Maintain an up-to-date record of processing activities (Article 30)

Have a published privacy notice covering all your technology use

Ensure DPAs are in place with every third-party tool that handles client data

Conduct a Data Protection Impact Assessment for new high-risk tools

Appoint a data protection lead (even if not required to have a formal DPO)

Have a documented breach response procedure (72-hour ICO notification)

Provide staff training on data protection at least annually

Review data retention periods and delete data when no longer needed

Ensure lawful basis for processing (likely legitimate interest or contractual necessity)

Maintain records of client consent where consent is relied upon

Common Mistakes

These are the data protection pitfalls we see most often in accounting firms. Avoid these to stay on the right side of compliance.

Using personal email accounts for client correspondence

Sharing client data via unencrypted USB drives or email attachments

Failing to update privacy notices when adding new tools

Not checking sub-processor lists when vendors change providers

Assuming cloud equals compliant without verifying DPAs

Frequently Asked Questions

Do I need a Data Protection Officer?

Most small accounting firms don’t need a formal DPO, but you should designate someone responsible for data protection.

Can I use AI tools with client data?

Yes, but check the provider’s DPA, data retention, and whether data is used for training. Consider anonymising data where possible.

What happens if a cloud provider has a data breach?

The provider should notify you per the DPA. You then assess whether to notify the ICO within 72 hours and affected clients without undue delay.

Do I need client consent to use Xero/Dext/etc.?

Usually not. Processing is typically necessary for your contractual obligations. But disclose the tools in your privacy notice.

How often should I review my GDPR compliance?

At minimum annually, and whenever you add new tools, change providers, or change how you process data.

Need help getting your tech stack GDPR-compliant?

We help accounting firms audit their technology for data protection compliance and implement the right controls. Book a free discovery call.

Book a Free Call
GDPR and Accounting Technology Guide for UK Firms | NerdNumbers | NerdNumbers