Record Retention Period Guide Template Word
The Record Retention Period Guide Template Word is an essential tool for any business that wants to keep track of its records. This template is designed to help you determine the appropriate retention period for each type of record, ensuring that you comply with legal requirements and avoid any potential legal issues.
The template is easy to use and comes with clear instructions on how to fill it out. It includes a comprehensive list of record types, such as financial records, employee records, and customer records, along with their corresponding retention periods. The retention periods are based on federal and state laws, as well as industry standards, so you can be confident that you are following the correct guidelines.
Using the Record Retention Period Guide Template Word can save you time and money by streamlining your record-keeping process. You won’t have to spend hours researching the appropriate retention periods for each type of record, as the template does the work for you. This can also help you avoid any potential legal issues that may arise from improper record-keeping.
The template is fully customizable, so you can tailor it to your specific business needs. You can add or remove record types, adjust retention periods, and include any additional information that may be relevant to your business. This flexibility ensures that the template is a valuable tool for businesses of all sizes and industries.
Overall, the Record Retention Period Guide Template Word is an essential tool for any business that wants to stay organized and compliant with legal requirements. It is easy to use, customizable, and can save you time and money in the long run.
Record Retention Period Guide Template
The Record Retention Period Guide Template relates to record retention and long-term storage. Storage of archived accounting records will be maintained in the locked storage area of the building. Access to this area will be limited to the Controller, officers of the company and the File Manager.
Accounting files should be maintained for as long as is necessary but only to the extent they serve a useful purpose or satisfy business or legal requirements. G&A102-2 RECORDS RETENTION PERIOD GUIDE provides a guide to the typical business life of various financial documents. The retention periods provided are suggested with federal requirements in mind. Be sure to check with local and state authorities for specific record retention requirements. Keep in mind that copies of critical records that are vital to the daily operations of the company should be kept off site in case of possible disasters.
Record Retention Period Guide Template Details
Format: Microsoft Word 2013 (.docx)
Manual: Accounting Manuals Template
Category: General & Administration
Procedure: Files Records Management Procedure G&A102