Document Retention
| Type Of Record | Period |
|---|---|
| Accident report & claims | 7 Years |
| Account receivable ledger | 7 Years |
| Bank reconciliations | 1 Years |
| Canceled checks-important | Permanent |
| Capital stock and bond records | Permanent |
| Charts of accounts | Permanent |
| Correspondence-general | 3 Years |
| Deeds, mortgages and bills of sale |
Permanent |
| Duplicate deposit slips | 3 Years |
| Employee benefit plan | 3 Years |
| Expense analysis distribution schedules |
7 Years |
| Financial statements-other | 7 Years |
| Inherited property records & valuations | Permanent |
| Insurance records | Permanent |
| Internal reports | 3 Years |
| Invoices to customers | 7 Years |
| Journals | Permanent |
| Minute books of directory Stockholders | Permanent |
| Option records | 7 Years |
| Petty cash vouchers | 3 Years |
| Property appraisals | Permanent |
| Purchase orders | 7 Years |
| Requisitions | 1 Years |
| Savings bond Records-employees |
3 Years |
| Type Of Record | Period |
|---|---|
| Account payable ledgers | 7 Years |
| Audit reports | Permanent |
| Bank statements | 7 Years |
| Canceled checks-other | 7 Years |
| Cash books | Permanent |
| Contracts & leases-expired | 7 Years |
| Correspondence | 1 Years |
| Correspondence Customers & Vendors | 1 Years |
| Contracts & leases-expired | Permanent |
| Depreciation schedules | Permanent |
| Employee personal | 3 Years |
| record after termination Employment applications |
3 Years |
| Year end | Permanent |
| General ledgers & trial balances-year end |
Permanent |
| Insurance audit reports | Permanent |
| Inventory records | 7 Years |
| Invoices from vendors | 7 Years |
| Low-income housing records | |
| Notes receivable ledgers | 7 Years |
| Payroll records | 7 Years |
| Physical inventory tags | 3 Years |
| Property records | Permanent |
| Receiving sheets | 3 Years |
| Sales records | 7 Years |
| Scrap & salvage records | 7 Years |
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